TLcom Capital Deploys 50% of $5M Pre-Seed Fund to Support Early-Stage African Startups
- TLcom Capital has deployed 50% of its $5 million TAPSI fund, focusing on early-stage entrepreneurs in Africa.
- The fund participated in a $2 million seed round for TurnStay, a South African travel payment platform.
- Talstack, a Nigerian edtech company, received initial funding from TAPSI and successfully validated its business model.
TLcom Capital's proactive approach in deploying its TAPSI fund demonstrates a significant commitment to nurturing Africa's startup ecosystem. By focusing on early-stage investments and supporting founders throughout their journey, TLcom is likely to enhance the chances of success for these ventures. This strategy not only addresses the funding gap in the region but also positions TLcom as a vital partner for ambitious entrepreneurs.
