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TLcom Capital

85 Great Portland Street, London, W1W 7LT, United Kingdom

Overview

Africa-focused tech venture capital investing in disruptive companies.

Founded

1999

Deals ยท 12mo

3

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Kenya
Nigeria
South Africa
United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

34rounds
NAMEDATESIZE
Satlyt
Oct 2026Participated
$8 MSeed
Littlefish
Apr 2026Led
$10 MSeries A
Flextock
Feb 2026Led
$13 MSeries A
HoneyCoin
Aug 2025Participated
$5 MSeed
TurnStay
Aug 2025Participated
$2 MSeed
HUB2
Dec 2024Led
$9 MSeries A
Educatly
Aug 2024Participated
$3 MOther Equity
Zone
Mar 2024Led
$9 MSeed
Terragon Group
Jul 2023Participated
$9 MSeries B
Talstack
Jun 2023Participated
$0.85 MSeed
Vendease
Sep 2022Led
$30 MSeries A
Kobo360
Sep 2022Participated
$48 MSeries B
Satlyt
Oct 2026Participated
$8 MSeed
Littlefish
Apr 2026Led
$10 MSeries A
Flextock
Feb 2026Led
$13 MSeries A
HoneyCoin
Aug 2025Participated
$5 MSeed
TurnStay
Aug 2025Participated
$2 MSeed
HUB2
Dec 2024Led
$9 MSeries A
Educatly
Aug 2024Participated
$3 MOther Equity
Zone
Mar 2024Led
$9 MSeed
Terragon Group
Jul 2023Participated
$9 MSeries B
Talstack
Jun 2023Participated
$0.85 MSeed
Vendease
Sep 2022Led
$30 MSeries A
Kobo360
Sep 2022Participated
$48 MSeries B
34
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

TLcom Capital: 34 funding rounds are recorded in the selected participation categories.All available history.
TLcom Capital: 34 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed65
Series A82
Series B14
Series C+03
Other Equity32

Monthly Deal Activity

TLcom Capital: 34 deals are recorded across 169 months.All available history.
TLcom Capital: 34 deals are recorded across 169 months. All available history
MonthDeals
Oct '121
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '171
Nov '170
Dec '170
Jan '180
Feb '180
Mar '181
Apr '181
May '181
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '181
Dec '181
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '191
Sep '190
Oct '191
Nov '191
Dec '190
Jan '200
Feb '200
Mar '200
Apr '201
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '201
Dec '201
Jan '212
Feb '210
Mar '210
Apr '211
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '211
Nov '212
Dec '211
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '221
Sep '222
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '231
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '241
Apr '240
May '240
Jun '240
Jul '240
Aug '241
Sep '240
Oct '240
Nov '240
Dec '241
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '252
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '261
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '261

Sector Breakdown

TLcom Capital: Networks, Cloud & Communication is the largest displayed sector by deal count (11 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

TLcom Capital: Networks, Cloud & Communication is the largest displayed sector by deal count (11 deals). All available history
SectorDeals
Networks, Cloud & Communication11
E-Commerce & Retail10
Fintech9
Enterprise Software8
Data, Analytics & IT6
Transportation & Logistics6
Education & Workforce5
Marketing & Advertising5
AI & Machine Learning5
Food & Agriculture5
Professional Services3
Media & Entertainment2
Developer Tools2
Travel & Hospitality1
Space & Frontier Tech1
Crypto & Blockchain1
Health & Life Sciences1

Deal Size Distribution

TLcom Capital: 34 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

TLcom Capital: 34 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M11
$5M-$10M10
$10M-$25M5
$25M-$50M6
$50M-$100M2
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

TLcom Capital: Nigeria has the largest recorded deal count among the displayed regions (16 deals).All available history.

Top 8 of 8 regions; European countries are grouped as Europe.

TLcom Capital: Nigeria has the largest recorded deal count among the displayed regions (16 deals). All available history
RegionDeals
Nigeria16
Kenya7
United States4
South Africa2
Europe2
Russian Federation1
Egypt1
Mauritius1
TLcom Capital: 20 co-investors are shown, with Enza Capital sharing 5 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

TLcom Capital: 20 co-investors are shown, with Enza Capital sharing 5 recorded deals. All available history
Co-investorShared deals
Enza Capital5
Golden Palm Investments5
DOB Equity4
Goldman Sachs4
IFC4
4DX Ventures3
Creadev3
Flourish Ventures3
International Finance Corporation3
Antler2
Capria Ventures2
Endeavor Catalyst2
Founder Collective2
Juven2
Lateral Capital2
MSA Capital2
Owl Ventures2
Partech2
Y Combinator2
17761

Investment Strategy

TLcom Capital: Led accounts for 53% and participating for 47% of round participation.All available history.
TLcom Capital: Led accounts for 53% and participating for 47% of round participation. All available history
CategoryDeals (count)Share (%)
Led1853%
Participating1647%
TLcom Capital: Single-lead accounts for 61% and co-led for 39% of lead dynamics.All available history.
TLcom Capital: Single-lead accounts for 61% and co-led for 39% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1161%
Co-led739%

Team

Andreata Muforo

Partner

Cyril Shonibare
Ido Sum

Partner

Maurizio Caio

Founder and Managing Partner

Omobola Johnson

Senior Partner