Venture capital firm, TLcom Capital has appointed business executive and entrepreneur Eloho Omane as a partner. The company is bullish and known for investing from seed to series B as compared to their counterparts. Some of the startups the company invested in and backed include Kobo360, Ajua, Ilara Health, uLesson and Twiga. The firm has offices in Lagos, London and Nairobi.
It makes sense for someone like Omane to be a partner, she’s an expert in this field. She’s the co-founder and general partner of FirstCheck Africa, an early-stage firm that invests in pre-seed and seed-stage startups with at least one female founder or co-founder. Before starting her own business, Omane was the founding managing director of Endeavor Nigeria.
Speaking about the new partnership, Omane said: “TLcom runs the most credible, super well attended and organized female founder summit every year.”
“So there’s always been that commitment and in my view, what’s happening here is how the firm wants to step that up a notch. Part of that is in committing actual and meaningful amounts of capital to be co-invested by FirstCheck Africa and saying how do we then connect that to a broader pipeline and strategies around the ecosystem as a whole? So in many ways, there’s lots of synergy happening here.”
Maurizio Caio, the general partner at TLcom Capital told TechCrunch: “We’re doing this not to alter our investment strategy, but to make sure that our deal flow generation strategy covers all the possibilities.”
“We chose Eloho because when we interacted with her on different occasions, her background and way of thinking about entrepreneurs made her a great fit.”
This move is a perfect marriage between Omane’s FirstCheck Africa and TLcom Capital because her company focuses on what the venture firm seeks to achieve.
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