TLcom Capital Closes Second Fund At USD 154 M To Back African Early-Stage Startups
TLcom Capital closes its second fund, TIDE Africa Fund II, at USD 154 million. Notable investors in the fund include the European Investment Bank, Visa Foundation, Bertelsmann, and AfricaGrow.
TLcom Capital closes second fund at $154M to back early-stage startups across Africa
TLcom Capital closes its second fund, TIDE Africa Fund II, at $154 million, positioning itself as Africa's largest investor in seed and Series A. The oversubscribed fund attracted participation from notable investors such as the European Investment Bank, Visa Foundation, Bertelsmann, and AfricaGrow.
