Tunisian AI startup Anavid has successfully raised $200,000 in Pre-Seed funding from Madica, a program under Flourish Ventures, as part of a broader initiative to empower African tech founders. The funding will enable Anavid to expand its regional footprint and further develop its AI-powered video analytics and computer vision technologies for the retail sector.
Anavid’s platform integrates seamlessly with in-store surveillance systems to reduce theft, optimize inventory management, and enhance the customer experience through real-time behavioral insights.
This investment is part of Madica’s 18-month acceleration program, designed to provide not only capital but also tailored mentorship, executive coaching, and access to a global investor network.
“We are excited to support these innovative teams who are applying AI to solve real-world problems in their markets,” a Madica representative stated.
In a parallel move, Madica announced a strategic partnership with the African Business Angel Network (ABAN) to create co-investment opportunities and strengthen Africa’s early-stage funding infrastructure. This collaboration aims to close the continent’s critical funding gap and connect founders, investors, and innovation hubs across Africa.
Through this dual approach—direct investment in high-potential startups like Anavid and ecosystem-building partnerships—Madica continues to foster inclusive and sustainable growth within Africa’s rapidly evolving tech landscape.
