Monday, April 22, 2024

African tech investor TLcom Capital raised $154M for a new fund, attracting US and Europe investment; Africa-focused VCs have raised $655M since November 2023 (Aanu Adeoye/Financial Times)

Aanu Adeoye / Financial Times:
African tech investor TLcom Capital raised $154M for a new fund, attracting US and Europe investment; Africa-focused VCs have raised $655M since November 2023  —  TLcom Capital doubles previous amount to raise $154mn for continent's start-ups in a move that could help ease sector gloom



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The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...