FirstCheck Africa Adds $2m Commitment From TLcom Capital To Its $10m Debut Fund

FirstCheck Africa
1 min readJun 27, 2022

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We're thrilled this morning to announce two things: TLcom Capital, one of the most prominent Africa-focused seed to series B venture capital firms, has committed $2m to FirstCheck Africa, and Eloho, one of our founders, has joined TLcom Capital as a Partner, adding to her existing day-to-day role as Co-Managing Partner at FirstCheck Africa.

This move allows FirstCheck Africa to support more female-led startups by giving us access to additional capital. Including our $10m debut fund, FirstCheck Africa will be investing $12m as a single pool of capital against our strategy of backing high-growth, technology-driven startups with at least one female founder or co-founder.

FirstCheck Africa will now invest up to $250k as high conviction first checks into early-stage rounds for female-led startups. We remain sector-agnostic and focused on technology-enabled companies that are solving important problems in large markets. Our strategy is to invest in female-led companies with category-leadership potential while throwing the weight of FirstCheck Africa's networks and platform behind the founders that will be the next generation of entrepreneurial role models for Africa.

Continue reading on our website.

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FirstCheck Africa
FirstCheck Africa

Written by FirstCheck Africa

Early believers for ambitious African women in tech. Co-founded by Eloho Omame & Odunayo Eweniyi. More at www.firstcheck.africa

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