TLcom Capital is a venture capital fund manager, mainly operating in Africa with experience in Europe, Israel and the USA.
The investment strategy of TIDE Africa Fund II (TAF II) is in line with the strategy of TIDE Africa Fund (TAF I) in terms of the investment stages (majority seed and Series A), investment themes, ticket sizes and role of lead/ co-lead.
The fund will contribute to the development of the venture capital market in Africa and will support the development and growth of about 15 companies, including 12 SMEs and 3 start-ups. By 2026, the fund will contribute to maintaining some 1,000 jobs and creating some 900 jobs in the investee companies. Women are expected to account for about 30% of employment in these companies.
The fund will thereby contribute to the achievement of SDG 8 (“Decent work and economic growth”).
This information is given at the time of signature, without prejudice to any developments in the operation/project