TLcom Capital, the Africa-focused venture capital firm, has confirmed that one of its Partners, Ido Sum, will be departing the firm following 14-year tenure.
During his time at TLcom, Sum contributed to early-stage investment activities and supported several portfolio companies, including uLesson, Littlefish and Zone.
Launched in 1999, TLcom has over two decades of experience in investing in technology entrepreneurs and has built one of the most experienced and diverse investment teams for the continent, with 15 professionals across its Nairobi and Lagos offices.
During his tenure with the firm, Sum supported the closing TIDE Fund I and TIDE Fund II, the latter being one of the biggest early-stage funds for the continent.
Ido Sum, partner at TLcom Capital, said:
“I am proud of what we have built at TLcom over the last 14 years. It has been a privilege to work alongside such a talented team and to have supported and worked side-by-side with some of Africa’s most audacious entrepreneurs. I am confident that the firm will continue to lead the investment pack, and I look forward to my next chapter.”
Maurizio Caio, managing partner at TLcom Capital, commented:
“We thank Ido for his commitment and dedication over the past 14 years and for his contribution to build TLcom as the preferred partner for Africa’s most ambitious entrepreneurs, and the wider African tech ecosystem. It has a been a pleasure working with him, and we wish him the very best for his next endeavors”.
