Since its founding in  1999, TLcom Capital LLP has invested and exited leading-edge companies in the TMT sector targeting businesses that address core customer or technology issues in either large established global markets, or in the development of emerging markets with the potential for global scale in the broad TMT domain.


  • Twiga Foods

    mobile-based B2B supply platform for the millions of small and medium size vendors in African urban markets
  • Kobo360

    e-logistics platform focused on connecting demand for long-haul trucks on behalf of large enterprises in Africa with truck owners and drivers
  • Terragon

    Data and marketing technology company that unlocks value for brands, corporates and SMEs using unique data driven insight to reach and acquire mobile audiences across Africa
  • mSurvey

    Mobile-first customer experience platform for businesses and consumers in Africa
  • Andela

    Andela helps companies quickly and confidently scale their software teams with world-class, full-time developers from across Africa. 
  • Persado

    Cognitive content platform for marketing
  • Cuebiq

    Location intelligence for actionable insights about consumer behavior
  • Upstream

    Mobile commerce in emerging markets. Acquired by Actis
  • Movirtu

    Mobile identity solutions. Acquired by Blackberry
  • Beintoo

    Geo behavioral analytics for marketing
  • Intellibox

    In store recycling and upgrade of mobile devices
  • Runcom

    Broadband wireless solutions including WiMax, WiBro and LTE
  • PacketFront

    Broadband network solutions
  • Media Lario

    High accuracy reflective optical components
  • Iobox

    Wireless internet services. Acquired by Telefonica
  • CommProve

    Mobile network monitoring systems
  • Cognima

    Mobile data replication for social media. Acquired by Critical Path (now Synchronoss)
  • Axerra

    Multi service access switch routers for virtual services. Acquired by DragonWave
  • IXI Mobile

    Mobile device solutions. Acquired by Runcom
  • XYPoint

    Location based service. Acquired by TeleCommunication Systems (NASDAQ: TSYS)
  • Sphera

    Virtualization software solutions. Acquired by SWSoft
  • Netscalibur Italia

    IP managed services. Acquired by Infracom
  • Netscalibur

    IP managed services. Acquired by Claranet
  • Xtempus

    Wireless messaging. Acquired by Cable & Wireless (LSE: CW)
  • Topica

    Email based marketing solutions. Acquired by InfoStreet
  • Eblana Photonics

    High performance laser device for Telecommunications
  • Noos

    Digital video network and services. Acquired by Suez SA (now SFR)