Cyril Shonibare, Principal at TLCOM—one of Africa’s largest early-stage VC funds—sits down with Launch Base Africa to discuss the firm’s deployment strategy, the collapse of open banking pioneer Okra, and hard-won lessons in early-stage African venture capital.
One of Breadfast’s key investors, VNV Global AB, disclosed that its 8.6% stake in the startup is now valued at $23.1 million, up from an initial investment of $16.9 million in 2021.
Originally designed to support up to 15 startups, including early-stage ventures, i3’s third cohort will now concentrate on a few select companies with proven traction and the potential to scale quickly.
Cauridor was founded by Oumar Rafiou Barry and Abdoulaye Bah, two Guinean entrepreneurs who encountered firsthand the difficulties of sending money back home while studying in Canada.
Cyril Shonibare, Principal at TLCOM—one of Africa’s largest early-stage VC funds—sits down with Launch Base Africa to discuss the firm’s deployment strategy, the collapse of open banking pioneer Okra, and hard-won lessons in early-stage African venture capital.
