Nigeria's Pakam Raises $635k in Pre-Seed Funding

26 Apr 2023

PAKAM Technology Limited is pleased to announce a pre-seed investment of $635,000.
Pakam was introduced in 2021 with Pakam recycling (Earn as you trash). Since then, it has spawned other micro businesses, including Pakam garbage collection (pay as you waste) and Pakam smart enforcement. Since then, the company's product development and interaction with ecosystem players have continued to advance.
This investment aims to enhance our ecosystem's technological infrastructure. At Pakam, our purpose is to achieve waste scarcity using digital technologies while constructing a sustainable circular economy. This funding will be used to improve our ecosystem goods and complete the ecosystem value chain. 

In January 2023, we expect to launch version 2.0 of our newly disclosed recycling software, which will feature interaction with Edu-tech, Fin-tech, Telco & Media, Insure-Tech, Unified Live Reporting, and an interface for the informal sector. Adeleye ODEBUNMI, CEO, Pakam
In addition, market entry into other Nigerian states and international markets is also considered. This will also affect our staff, as we will recruit the most capable individuals to drive our company's vision and achieve our growth and impact goals.

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