TLcom Capital targets $150M for its second fund to invest in 20 African startups

TLcom Capital, the Africa-focused venture capital firm known to have made bets on Andela and Twiga, is raising $150 million for its second fund targeted at making early- and late-stage investments. The firm has reached the first close of $70 million, according to a statement shared with TechCrunch. It’s almost the equivalent of what TLcom … Continue reading TLcom Capital targets $150M for its second fund to invest in 20 African startups