Saviu Ventures makes first climate tech bet with $1.36 million round in Senegal’s SORAM Afrique
- Saviu Ventures backed Senegalese company SORAM Afrique in a $1.36 million funding round.
- SORAM Afrique specializes in refurbishing professional printers for SMEs, large firms, and government agencies.
- The investment is part of Saviu's second fund, Saviu II, and is its first climate tech deal.
The investment in SORAM Afrique by Saviu Ventures highlights a growing trend of supporting sustainable business models in Africa. This move not only reflects confidence in local operators but also emphasizes the importance of industrial innovation alongside software development in the continent's economic growth.
