GJO & Partners
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Madica

Public data, unclaimed profile

Programme d'investissement de pré-amorçage (Flat6Labs) pour les start-up africaines.

At a glance

Based on observed investment behaviour: 3 recorded deals

Investor type
Private equity or venture capital fund (inferred, not verified)
Capital type
Venture capital (inferred from deals)
Observed ticket
200 k$ – 1.9 M$, median 1.1 M$ (2 disclosed amounts)
Countries
Nigeria (2), Cameroon (1)
Activities
Electronics and appliances (1), Neobank and digital banking (1), Off-grid solar and solar kits (1)
Instruments
Equity (3)
Stages
Pre-Seed (2), Seed (1)
Recent activity
2 deals in 12 months, latest Sept 2026

Stated thesis versus observed behaviour

  • Sectors: 67% of its deals within its stated thesis
  • Countries: 67% of its deals within its stated thesis

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Describe your need: the target list shows, for each source of capital, why it fits and which deals prove it.

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Investment thesis

Criteria published by the fund, recorded and checked by Invest Matching.

Investment ticket
200 k$*
Instruments
Equity
Preferred sectors
Fintech, SaaS, E-commerce, Digital health, Manufacturing, Energy*
Target geographies
West Africa, East Africa, Southern Africa, Cameroon*

* added from its deals

Stages (stated by the fund and from its deals)
Pre-SeedSeed

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

Paysika

September 2026 · Cameroon
Pre-Seed200 k$EquityFintechLead

Activity : Neobank and digital banking

Instrument : US$200k pre-seed round led by Madica

Central African neobank: virtual and physical debit cards for individuals and SMEs; Gabon expansion planned.

Why they invested

  • Madica's first investment in Cameroon
  • Previously funded founders (2021 pre-seed)

Co-investors Flourish Ventures

Source : disruptafrica.comN2 · Cross-checked (2+ outlets) · Other sources : TechCabal, WeeTracker

ChipMango

September 2026 · Nigeria
Seed1.9 M$EquityManufacturingCo-Invest

Co-investor alongside Atlantica Ventures

Activity : Electronics and appliances

ChipMango , the California-headquartered semiconductor tech company that designs chips and trains engineers, has closed a $1.9 million seed round to expand its commercial engineering work and workforce development platform across Africa and other markets.

Co-investors DFS Labs, Kaleo Ventures, Malta Ventures, Trilinear Technologies

Source : techcabal.com

Earthbond

October 2024 · Nigeria
Pre-SeedUndisclosed amountEquityEnergyLead

Activity : Off-grid solar and solar kits

Nigeria’s Cleantech Earthbond Raises Pre-Seed Funding.

Source : weetracker.com

In short

Madica invests tickets ranging from 200 k$ to 200 k$, across the following sectors: Fintech, SaaS, E-commerce, Digital health, Manufacturing, and Energy, in the following areas: West Africa, East Africa, Southern Africa, and Cameroon. Check in 30 seconds whether your company fits these criteria.