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.

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Pakam recycling (Earn as you trash), which was launched in 2021, has expanded and expanded its business portfolio to include Pakam waste collection (Pay as you trash) and Pakam smart enforcement.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. 
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard