TLcom Capital LLP – a Venture Capital firm partnering with Africa’s best entrepreneurs to tackle the continent’s biggest challenges – are delighted to announce the final close of its second fund, which was oversubscribed at $154 million.
Says Eloho Omame (TLcom Partner, Lagos): “In a tough climate for private capital, I’m incredibly proud that we’re one of the handful of managers that have raised multiple venture capital funds for Africa — an asset class that essentially did not exist 10 years ago.
“Many thanks to new and existing LPs for the vote of confidence, to the high-growth founders across our two fund portfolios for their tireless execution, and to everyone at TLcom for pulling together to raise this fund and build a great firm”.
Read Financial Times article for full details: Africa-focused fund draws early investors to tech industry