TLcom Capital Confirms Its Partner, Ido Sum, will be Departing the Firm

TLcom Capital confirms its partner, Ido Sum, will be departing the firm after working there for 14 years. This news shows a big change for both Sum and TLcom Capital, a company that has helped many African technology startups grow over the years.

Ido Sum will be departing TLcom Capital, where he has played an important role for a long time. TLcom Capital confirms Ido Sum will be departing the firm, and they appreciate everything he has done to help the company grow and support entrepreneurs. Over the past 14 years, Sum helped the firm become one of the most respected investors in African tech.

TLcom Capital was started in 1999 and has spent more than 20 years focusing on investing in technology businesses across Africa. The company has built a strong team of 15 skilled professionals working in Nairobi and Lagos. Their experience and knowledge of the local market make them one of the leading venture capital firms on the continent.

TLcom Capital confirms its partner, Ido Sum, will be departing the firm

During his time at TLcom Capital, Ido Sum worked on important projects like closing the TIDE Fund I and TIDE Fund II. These funds helped many new businesses get the money they needed to grow. Especially the TIDE Fund II, which is one of the biggest early-stage funds for technology startups in Africa. Sum also supported many companies in their portfolio, such as uLesson, Littlefish, and Zone, helping them grow and succeed.

Talking about his time with the company, Sum 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.” His words show how much he values his experience and the people he worked with.

Ido Sum will be departing TLcom Capital, but he is hopeful about the future. He added, “I am confident that the firm will continue to lead the investment pack, and I look forward to my next chapter.” This shows that while he is leaving, he believes the company will keep growing and doing great things.

Maurizio Caio, who is the managing partner at TLcom Capital, thanked Sum for his hard work. Caio said, “It has been a pleasure working with him, and we wish him the very best for his next endeavours.” This shows the respect the company has for Sum and how much they appreciate his dedication over the years.

Simply put, TLcom Capital confirms its partner, Ido Sum, will be departing the firm. His work over 14 years helped build the company into one of Africa’s top investors in technology startups. Even though he is leaving, both Sum and TLcom Capital are positive about what comes next.

Africa’s technology scene has grown a lot thanks to investors like TLcom Capital and people like Ido Sum who believe in new ideas. Sum’s departure is a big moment, but the strong foundation he helped create will continue supporting startups across the continent.

As Ido Sum moves on to new opportunities, TLcom Capital continues its work finding and supporting the best technology entrepreneurs in Africa. Both the company and Sum have exciting futures ahead, each ready to make a difference in their own way.

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