Madica has announced a $600,000 investment in three African tech startups—Kilimo Fresh, Hakimu, and Biovana—each receiving up to $200,000 in pre-seed funding. The startups will join Madica’s 18-month support program, which provides mentorship, training, and access to global investors. Alongside these investments, Madica has launched a comprehensive fundraising guidebook designed to help first-time African founders successfully raise pre-seed capital and navigate the venture ecosystem.
Tag: African startups funding
i3 Selects 7 African Startups to Receive Up to $225K and Strategic Support to Advance Pharmacy Care Innovation
The i3 initiative selects 7 African healthtech startups to receive up to $225K each, aiming to transform pharmacy care across Africa with innovative, scalable solutions backed by the Gates Foundation and other global partners.