TLcom Capital reaches 50% deployment of $5M pre-seed fund - Innovation Village | Technology, Product Reviews, Business

TLcom hits halfway mark in $5M TAPSI fund

TLcom Capital is doubling down on early bets. The Africa-focused VC firm has now deployed 50% of its $5M pre-seed fund, TAPSI, after backing South African travel payment platform TurnStay’s $2M seed round. The fund, launched in 2022, offers up to $200K in early capital, along with TLcom’s network and two decades of venture experience. The move comes in a brutal year for African startups. Several high-profile names have collapsed in 2025—Edukoya …

TLcom Capital’s TAPSI Fund Hits 50% Deployment with $2M TurnStay Investment

TLcom Capital, the Africa-focused venture capital firm, has reached a major milestone in growing its early-stage portfolio through its dedicated $5 million pre-seed fund, TAPSI (TIDE Africa Pre-Seed Investments). With its latest backing of South African travel payment platform TurnStay, fresh from closing a $2 million seed round, TAPSI has now deployed half of its … The post TLcom Capital’s TAPSI Fund Hits 50% Deployment with $2M TurnStay Invest…

TLcom Doubles Down On Early Bets Amid Setbacks, Eyes 10 More Pre-Seed Deals

TLcom Capital, one of Africa’s largest venture capital firms, is accelerating its earliest-stage investments even as several of its high-profile portfolio companies face operational headwinds. The firm announced today that its dedicated USD 5 M pre-seed fund, TAPSI (TIDE Africa Pre-Seed Investments), has hit the 50% deployment milestone after backing South African travel payment platform TurnStay. This signals TLcom’s aggressive push into riskie…

TLcom Adds to TAPSI Pre-Seed Portfolio

TLcom Capital, the Africa-focused venture capital firm, is growing its early-stage portfolio from its dedicated $5M pre-seed fund, TAPSI [TIDE Africa Pre Seed Investments]. With its most recent investment in TurnStay, the South African travel payment platform, which has just closed a $2M seed round, TAPSI has now deployed 50% of its capital.  TAPSI was launched in 2022 to extend TLcom’s investment reach to pre-seed stage companies, providing up …

TLcom Capital reaches 50% deployment of $5M pre-seed fund - Innovation Village | Technology, Product Reviews, Business

TLcom Capital, a leading venture capital firm with a strong footprint across Africa, has announced that it has deployed 50% of its $5 million pre-seed fund, marking a significant milestone in its strategy to support the continent’s earliest-stage tech entrepreneurs. The fund, known as TIDE Africa Pre-Seed Investments (TAPSI), reached this halfway point following its participation in a $2 million seed round for TurnStay, a South African travel pa…