Africa-focused venture capital firm TLcom Capital has announced the departure of longtime partner Ido Sum after 14 years with the firm.
Why it matters
Sum played a central role in TLcom’s early-stage investment strategy and was instrumental in supporting portfolio companies such as uLesson, Littlefish, and Zone.
Zoom in
- Sum helped close TIDE Fund I and TIDE Fund II, the latter among the continent’s largest early-stage funds.
- TLcom, founded in 1999, manages one of Africa’s most experienced VC teams, with 15 professionals across Nairobi and Lagos.
What they’re saying
- “It has been a privilege to support some of Africa’s most audacious entrepreneurs,” Sum said. “I am confident the firm will continue to lead, and I look forward to my next chapter.”
- TLcom’s managing partner Maurizio Caio praised Sum’s role in cementing the firm as a key partner for African entrepreneurs, adding: “We thank Ido for his commitment and dedication … and wish him the best in his next endeavors.”
