Grace Ashiru
PAKAM Technology Limited has announced a pre-seed investment of $635,000. Pakam intends to achieve waste scarcity through digital tools while also developing a strong circular economy.
This cash will be utilised to strengthen the company’s ecosystem products and link all of the dots in the ecosystem value chain. In addition, the startup intends to release version 2.0 of its newly disclosed recycling software in January, which will include interaction with Edu-tech, Fin-tech, Telco & Media, Insure-tech, Unified live reporting, and informal sector interface.
Furthermore, market entry into other Nigerian states and outside the country is being considered.
Pakam recycling (Earn as you trash), which was launched in 2021, has expanded its business portfolio to include Pakam waste collection (Pay as you trash) and Pakam smart enforcement.
