Only 0.05% of Startups Raise VC as Madica Report Reveals What African Founders Get Wrong - Tech
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3 Articles
Only 0.05% of Startups Raise VC as Madica Report Reveals What African Founders Get Wrong - Tech
Only 0.05% of startups globally ever raise venture capital, a new report has shown, revealing how far most early-stage founders are from securing institutional funding. The report, titled Zero to Funded: A Founder’s Guide to Pre-Seed Fundraising in Africa, was released by Madica, drawing on insights from investors and ecosystem leaders across the continent. The report takes a closer look at how fundraising actually works at the pre-seed stage an…
Madica Releases Guidebook on Fundraise for Early-stage Founders
Madica, a structured investment program for pre-seed African startups, has released an insight-led guidebook series, Zero to Funded: A Founder’s Guide to Pre-Seed Fundraising in Africa. The guidebook incorporates real perspectives gathered from investors, VCs, and ecosystem leaders across North, West, East, and Southern Africa, and is designed as a practical resource for African founders at the earliest stages of fundraising. The 75-page guide …
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