Madica has received an additional $6 million from Flourish Ventures to expand its pre-seed investment program. The funding will allow the Nairobi-based firm to extend its initiative by three years. Madica focuses on early-stage tech startups across Africa. The investment highlights growing interest in supporting local innovation. Flourish Ventures is a venture capital firm based in the United States. The deal was announced through a press release. The funding aims to increase access to capital for African entrepreneurs. Madica has previously invested in several tech ventures. The new funds will be used to support more startups in the region. The move reflects a broader trend of increased investment in African startups. The partnership underscores the potential of the African tech ecosystem. The investment is part of a larger strategy to foster innovation. The funding will be allocated to startups in various sectors. The announcement comes as African tech continues to gain global attention. The support is expected to create more opportunities for local entrepreneurs. The deal marks a significant step for Madica’s growth. The investment is a win for the African startup community.