Madica Funds Anavid, Hypeo AI in Africa

What happened

Madica has invested in two North African AI startups, Tunisia’s Anavid and Morocco’s Hypeo AI. Each company will receive up to $200,000 in funding. Both startups will join Madica’s 18-month support program.

Why it matters

• Madica’s investment aims to close funding gaps for underrepresented founders and underserved markets in Africa.
• The program provides mentorship, executive coaching, and global investor access to help startups grow.
• The new investments support the expansion of Africa’s AI innovation ecosystem.

Key facts

1. 1. Madica invested up to $200,000 in each startup.
2. 2. The support program lasts 18 months.
3. 3. The startups are Anavid (Tunisia) and Hypeo AI (Morocco).