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- Founded in 2022, Madica provides investment funding of up to $200,000.
- Nigeria-based Earthbond simplifies access to clean, affordable energy for African SMEs.
- Earthbond will gain from executive coaching opportunities, and access to Madica’s global network of investors for follow-on funding.
Madica, an investment program tailored for pre-seed stage startups in Africa, is channeling funding in Earthbond, a climate tech startup unlocking affordable, reliable solar energy for Nigerian SMEs.
Following the investment, Earthbond will participate in investment program which includes 18 months of dedicated mentorship support.
“We are excited to be investing in this exceptional startup as it tackles some of today’s biggest climate challenges. We won’t be able to continue the advancements of the African tech ecosystem without addressing power, and we are impressed by the team at Earthbond, their vision, and the technology that provides an affordable and eco-friendly solution. Earthbond has tremendous potential to drive an equitable clean …