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African Tech Roundup

Ido Sum explains how TLcom Capital got in on Andela's $40M Series C

28 Nov 2017

Description

Israeli investor Ido Sum is a Partner at TLcom Capital— a venture capital firm with a presence in Nairobi, Lagos and London. Since 1999, the firm has invested in Telecom, Media and Technology (TMT) companies in Europe, Israel and Sub Saharan Africa and currently manages total commitments in excess of €200 million. In this conversation with Andile Masuku - taped at the fringes of African Angel Investor Summit 2017 (www.AAIS2017.com) - Ido fields questions regarding the prevalence of investor bias, the appropriateness of certain VC approaches on the continent, and of course, TLcom's participation in one of 2017’s most well-publicised startup investment deals— Andela’s $40 million Series C, led by South African Pule Taukobong of CRE Venture Capital. Here's a link to Ido Sum's crowdsourced African Investment Landscape Database: http://bit.ly/2Abm8lj. If you are actively involved in early-stage investment efforts on the continent, Ido welcomes your contributions to the spreadsheet.

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