Madiro

Charitable Foundation Ontario, Canada ·Founded 2017

Overview

Madiro is a philanthropic investment organization dedicated to accelerating health and prosperity across Africa by supporting entrepreneurs who are shaping the continent's future. The organization focuses on early-stage innovators developing practical, scalable solutions to health access and community well-being challenges. By providing both capital and hands-on support, Madiro aims to foster sustainable impact in African markets. The organization's strategy involves blending philanthropy with venture capital principles, deploying seed to Series A capital to health-related entrepreneurs, social enterprises, and innovations. Madiro operates as a pipeline to and a partner of incubators and larger venture capital firms, offering flexible investments such as equity, debt, SAFE notes, and grants. In addition to financial support, Madiro provides technical assistance and capacity building to help entrepreneurs overcome structural barriers and build durable, growth-ready organizations. Madiro's investment philosophy prioritizes impact before financial return, supports entrepreneurs through high-risk phases, and builds a self-sustaining fund that amplifies philanthropic dollars over time. The organization bridges the gap between early-stage social innovation and scalable venture capital, aiming to create a virtuous cycle of reinvestment, innovation, and impact in the African healthcare sector.

Investment Focus

  • Social enterprises
  • Impact-driven start-ups
  • Non-profits with a clear path to scale
  • Focus on quality healthcare, health innovation, and livelihoods
  • Alignment with SDGs 1, 3, and 8
  • Operations in Sub-Saharan Africa, with a larger focus on East Africa
  • Investment ticket size between $75,000 and $1,000,000
  • Capital type: equity, SAFE notes, debt, loans, and grants

Portfolio Companies

BenaCareAccess AfyaOne HealthEmergency Response AfricaMalaicaDot GlassesCeraMajiJaza EnergyHealthy Entrepreneurs

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Frequently asked questions about Madiro

What sectors does Madiro invest in?

Madiro invests in Financial Services, Technology, Healthcare, Energy, Real Estate and Telecommunications, and is based in Ontario, Canada. Madiro is listed as a charitable foundation in the ConnectSafely investor database.

What stage does Madiro invest at?

Madiro backs companies at Seed, Early Stage and Series A, writing cheques of 75K - 1M.

Which regions does Madiro invest in?

Madiro invests across Ghana, Kenya, South Africa, Mali, Ethiopia and Nigeria.

What companies has Madiro invested in?

Madiro's portfolio includes BenaCare, Access Afya, One Health, Emergency Response Africa, Malaica, Dot Glasses, CeraMaji and Jaza Energy.

Last updated · Source: ConnectSafely investor database