Pan-African VC fund specialising in tech, from seed to Series B.
Criteria published by the fund, recorded and checked by Invest Matching.
LinkedIn profiles, emails and phone numbers are reserved for signed-in members: create an account to access them.
Recent public deals: they say better than a thesis what the fund actually signs.
Myka
June 2026 · NigeriaPre-SeedUndisclosed amountEquityFinancial servicesCo-Invest
Co-investor alongside Ventures Platform
Activity : Insurance
Nigerian insurtech startup Myka has raised an undisclosed pre-seed funding round from investors including Ventures Platform, TLcom, Shola Akinlade, co-founder of Paystack; Ridwan Olalere, founder of LemFi; and Olumide Soyombo, founder of Voltron Capital.
Source : weetracker.com
littlefish
March 2026 · South AfricaSeries A9.5 M$EquitySaaSCo-Invest
Co-investor alongside Partech Africa
Activity : Vertical software
Vehicle : Partech Africa
littlefish is a merchant operating system integrating point-of-sale, back-office CRM, merchant portal, payments and APIs, enabling African banks to deliver digital merchant services.
Why they invested
- Already serves tier-1 banks (Standard Bank, FNB, Absa)
- 30x monthly recurring revenue growth since seed round
- Expansion plan into 10+ additional African markets
Co-investors Flourish Ventures, Proparco
Source : partechpartners.comN1 · Primary source
TurnStay
August 2025 · South AfricaSeed2 M$EquityFintechCo-Invest
Activity : Payments and mobile money
Vehicle : TAPSI (TIDE Africa Pre-Seed Investments)
TurnStay is a South African fintech payment platform dedicated to the travel sector.
Why they invested
- Marks 50% deployment of TLcom's $5M TAPSI pre-seed fund
- TLcom's geographic diversification into Southern Africa
Co-investors CVVC, Enza Capital, Equitable Ventures, First Circle Capital, Incisive Ventures
Source : hapakenya.com
HoneyCoin
August 2025 · KenyaSeed4.9 M$EquityFintechCo-Invest
Activity : Money transfer and remittances
Vehicle : TIDE Africa Fund II
HoneyCoin builds stablecoin-powered payment rails covering collections, treasury, settlements and FX across Africa.
Why they invested
- High-traction cross-border payment infrastructure
- Early positioning on stablecoins in Africa
- Strategic partnerships (Visa, Interswitch)
Co-investors 4DX Ventures, Antler, Flourish Ventures, Lava, Musha Ventures, Stellar Development Foundation, Visa
Source : techcabal.com
Agrails
2025 · KenyaPre-SeedUndisclosed amountEquitySaaSCo-Invest
Activity : Data and AI
Vehicle : TAPSI (TIDE Africa Pre-Seed Investments)
Agrails builds an AI-powered investigative platform for risk assessment, monitoring and reporting across finance, agriculture and infrastructure.
Why they invested
- Part of TLcom's TAPSI pre-seed portfolio
- AI applied to risk assessment, a priority theme for TLcom
Source : tlcomcapital.com
December 2024 · Côte d'Ivoire Series A8.5 M$EquityFintechLead
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Vehicle : TIDE Africa Fund II
HUB2 provides a unified API enabling neobanks, remittance and payment companies to process mobile money, bank transfers, card and crypto transactions across six Francophone countries.
Why they invested
- Leader in payment interoperability across Francophone Africa
- Strong TPV growth (€70M in 2022 towards ~€1B targeted in 2024)
- Market underserved by Anglophone-focused players
Co-investors Africa Fintech Collective, Axian CVC, Bpifrance (Fonds Averroès / Afrique), Digital Currency Group, ENL Group, Enza Capital, FMO
Source : weetracker.com
littlefish
September 2024 · South AfricaSeedUndisclosed amountEquitySaaSLead
Activity : Vertical software
Vehicle : TIDE Africa Fund II
littlefish builds a digital platform helping banks, insurers and fintechs better serve South African SMEs.
Why they invested
- TLcom's first South African investment
- Underserved SME banking market (80 million SMEs across Africa)
- Strategic partnership with Visa
Co-investors Flourish Ventures
Source : launchbaseafrica.com
Zone
March 2024 · NigeriaSeed8.5 M$EquityFintechLead
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Vehicle : TIDE Africa Fund II
Zone operates a blockchain network powering fiat transactions and, eventually, CBDC/crypto payments for Nigerian banks and fintechs.
Why they invested
- Redesigning Africa's payment rails via blockchain
- First VC round after becoming a standalone business in 2022
- Early positioning on decentralized payment rails
Co-investors Alter Global, Digital Currency Group, Endeavor Catalyst, Flourish Ventures, Verod-Kepple Africa Ventures
Source : techpoint.africa
Knabu
2024 · NigeriaPre-SeedUndisclosed amountEquityFintechCo-Invest
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Vehicle : TAPSI (TIDE Africa Pre-Seed Investments)
Knabu designs software systems to secure transactions and a blockchain-based clearing infrastructure for banks and fintechs.
Why they invested
- Part of TLcom's TAPSI pre-seed portfolio
Source : tlcomcapital.com
Bright Financial
2024 · SudanPre-SeedUndisclosed amountEquityFintechCo-Invest
Activity : Neobank and digital banking
Vehicle : TAPSI (TIDE Africa Pre-Seed Investments)
Bright Financial builds digital financial services serving Sudan and Ethiopia.
Why they invested
- Part of TLcom's TAPSI pre-seed portfolio
- Exposure to East African markets underserved by venture capital
Source : hapakenya.com
Cleva
2024 · NigeriaPre-SeedUndisclosed amountEquityFintechCo-Invest
Activity : Money transfer and remittances
Vehicle : TAPSI (TIDE Africa Pre-Seed Investments)
Cleva enables African individuals and businesses to open USD accounts to receive international payments.
Why they invested
- Addresses demand for USD accounts among African diaspora and businesses
- Rapid transaction volume growth within months of launch
Source : tlcomcapital.com
Vendease
September 2022 · NigeriaSeries A30 M$EquityE-commerceCo-Lead
Activity : B2B e-commerce
Vehicle : TIDE Africa Fund I
Vendease automates food procurement for restaurants in Nigeria and Ghana through a digital procurement platform.
Why they invested
- Digitization of food procurement for the restaurant sector
- Significant sourcing cost reduction for restaurant operators
Co-investors GFR Fund, Hack VC, Hustle Fund, Kairos Angels, Kube VC, Magic Fund, Partech Africa, VentureSouq
Source : techcrunch.com
Pastel
August 2022 · NigeriaSeed5.5 M$EquitySaaSLead
Activity : Vertical software
Vehicle : TIDE Africa Fund II
Pastel offered a bookkeeping and digital-tools platform for Nigerian small merchants; the company had an exit in 2024.
Why they invested
- Digitization of bookkeeping for informal Nigerian SMEs
Co-investors DFS Lab, Global Founders Capital, Golden Palm Investments, Plug and Play Ventures, Soma Capital, Ulu Ventures
Source : techcrunch.com
SeamlessHR
January 2022 · NigeriaSeries A10 M$EquitySaaSLead
Activity : Enterprise software (SaaS)
Vehicle : TIDE Africa Fund II
SeamlessHR builds cloud HR and payroll solutions for African businesses, active in Nigeria, Ghana and Kenya.
Why they invested
- Nascent HR/payroll digitization opportunity in Africa
- Pan-African expansion already underway at time of round
Co-investors Capria Ventures, Enza Capital, Ingressive Capital, Lateral Capital
Source : techcrunch.com
Pre-SeedUndisclosed amountEquitySaaSCo-Invest
Activity : Vertical software
Vehicle : TAPSI (TIDE Africa Pre-Seed Investments)
Kola Market uses AI to help merchants track inventory, predict demand, and access inventory financing and BNPL credit.
Why they invested
- Part of TLcom's TAPSI pre-seed portfolio
- Addresses working-capital constraints of independent retailers
Source : tlcomcapital.com
Talstack
2022 · NigeriaPre-SeedUndisclosed amountEquitySaaSCo-Invest
Activity : Enterprise software (SaaS)
Vehicle : TAPSI (TIDE Africa Pre-Seed Investments)
Talstack develops a SaaS platform related to talent recruitment and management, active in Nigeria and Kenya.
Why they invested
- Among the first checks of TLcom's TAPSI pre-seed vehicle
- Progressed to a Fund II seed round in 2024
Source : tlcomcapital.com
Autochek
October 2021 · NigeriaSeed13.1 M$EquityE-commerceCo-Invest
Co-investor alongside Enza Capital
Activity : Online marketplaces
Pan-African automotive company combining an automotive marketplace, digital services and vehicle financing solutions.
Why they invested
- Build a pan-African automotive platform
- Address growing automotive demand across Africa
- Expand financing and distribution services
Co-investors 4DX Ventures, ASK Capital, Golden Palm Investments, Lateral Capital, Mobility 54
Source : techcrunch.com
FairMoney
July 2021 · NigeriaGrowth42 M$EquityFintechCo-Invest
Activity : Neobank and digital banking
Vehicle : TIDE Africa Fund II
FairMoney is a mobile bank for emerging markets offering instant credit and a full suite of banking services via app.
Why they invested
- Massive upside in African consumer digital credit and banking
- Strong traction in instant credit lending in Nigeria
Co-investors Tiger Global
Source : techcrunch.com
Pula
January 2021 · KenyaSeries A6 M$EquityFintechLead
Activity : Insurtech
Vehicle : TIDE Africa Fund I
Pula develops agricultural insurance products protecting African smallholder farmers against weather-related risks.
Why they invested
- Near-absent agricultural insurance market for African smallholders
- Expansion into Asia already underway at time of round
Co-investors Women's World Banking
Source : techcrunch.com
Ilara Health
December 2020 · KenyaSeries A3.75 M$EquityHealthcareLead
Activity : Labs and imaging
Vehicle : TIDE Africa Fund I
Ilara Health equips neighborhood clinics in East Africa with affordable, connected diagnostic tools.
Why they invested
- Limited access to quality medical diagnostics in peri-urban and rural areas
- Capital-light equipment-leasing model for clinics
Co-investors Chandaria Capital, DOB Equity, Global Ventures
Source : techmoran.com
Autochek
November 2020 · NigeriaPre-Seed3.4 M$EquityE-commerceCo-Lead
Activity : Online marketplaces
Vehicle : TIDE Africa Fund I
Autochek provides automotive-industry technology enabling financing and services around vehicle sales, active in Nigeria, Ghana, Côte d'Ivoire and Kenya.
Why they invested
- Digitization of a fragmented, informal African automotive market
- Rapid multi-country expansion from pre-seed stage
Co-investors 4DX Ventures, Golden Palm Investments, Verod-Kepple Africa Ventures, Lateral Capital, MSA Capital
Source : disruptafrica.com
Shara
2020 · KenyaSeedUndisclosed amountEquityFintechCo-Invest
Activity : Digital lending and scoring
Vehicle : TIDE Africa Fund I
Shara offers a digital bookkeeping and credit app for micro-merchants in Kenya and Nigeria.
Why they invested
- Digital formalization of the informal micro-merchant economy
Source : tlcomcapital.com
Okra
2020 · NigeriaPre-SeedUndisclosed amountEquityFintechCo-Invest
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Vehicle : TIDE Africa Fund I
Okra provided open-banking APIs connecting Nigerian bank accounts to third-party apps; the company shut down in 2025.
Why they invested
- Early bet on open banking in Nigeria
Co-investors Susa Ventures
Source : nairametrics.com
uLesson
2019 · NigeriaSeedUndisclosed amountEquityEdtechCo-Invest
Activity : E-learning and online courses
Vehicle : TIDE Africa Fund I
uLesson provides video lessons and digital learning content for primary and secondary students in Nigeria and Ghana.
Why they invested
- Limited access to quality education outside major cities
- Content localized to national school curricula
Source : tlcomcapital.com
Kobo360
December 2018 · NigeriaSeed6 M$EquityLogisticsCo-Invest
Activity : Supply chain software
Vehicle : TIDE Africa Fund I
Kobo360 connected shippers and truckers via a digital logistics platform in Nigeria, Kenya, Ghana and Côte d'Ivoire; the company has since faced severe financial difficulties.
Why they invested
- Digitization of pan-African road logistics
- Network effects between shippers and truckers
Co-investors IFC (International Finance Corporation)
Source : kobo360.medium.com
Twiga Foods
November 2018 · KenyaSeries B10 M$EquityE-commerceCo-Invest
Activity : B2B e-commerce
Vehicle : TIDE Africa Fund I
Twiga Foods connects farmers and retailers through a tech-enabled food distribution platform in Kenya.
Why they invested
- Digitization of Kenya's informal food supply chain
- Strong network effects between farmers and retailers
Co-investors Global Agriculture and Food Security Program (GAFSP), IFC (International Finance Corporation)
Source : techweez.com
Ajua
2018 · KenyaSeries AUndisclosed amountEquitySaaSLead
Activity : Martech and communications platforms
Vehicle : TIDE Africa Fund I
Ajua provides a SaaS customer engagement and data platform, active in Kenya, Nigeria, Ghana and South Africa.
Why they invested
- Digitization of customer relationship management for African businesses
Source : tlcomcapital.com
Terragon
2018 · NigeriaSeries AUndisclosed amountEquitySaaSLead
Activity : Martech and communications platforms
Vehicle : TIDE Africa Fund I
Terragon provides SaaS digital marketing and consumer-data analytics solutions, active in Nigeria, Kenya, Ghana and South Africa.
Why they invested
- Leveraging mobile data for digital marketing across Africa
Source : tlcomcapital.com
Andela
October 2017 · NigeriaGrowth40 M$EquityBusiness & personal servicesCo-Invest
Activity : Recruitment and staffing
Vehicle : TIDE Africa Fund I
Andela connects international companies with African software engineers through a remote talent marketplace.
Why they invested
- Access to a large pool of undervalued African tech talent
- Scalable remote-staffing model
Co-investors Amplo, CRE Venture Capital, DBL Partners, Salesforce Ventures
Source : forbes.com
TLcom Capital invests tickets ranging from 500 k$ to 30 M$, across the following sectors: Fintech, Edtech, Digital health, SaaS, Logistics, E-commerce, Healthcare, Business & personal services, and Financial services, in the following areas: Nigeria, Kenya, West Africa, East Africa, and South Africa. Check in 30 seconds whether your company fits these criteria.