Funding roundVenture
SORAM Afrique Venture
SORAM Afrique raised $1.4M in a Venture led by Saviu Ventures. It was announced on 8 September 2026.
- Amount raised
- $1.4M
- €1.2M in local currency
- Announced
- 1 month ago
- Investors
- 1
- 1 lead
Investors in SORAM Afrique's Venture1
Lead
- Saviu VenturesLeadProfile of Saviu Ventures →
Venture Capital
About this round
€1.2M (~$1.36M) growth-capital round from Saviu Ventures (Saviu II fund) alongside SORAM's management team; Saviu's first climate-tech / circular-economy investment. Coincides with SORAM Afrique joining sister companies IRIS Afrique and SIS under a new common holding, OLU 360 (60 staff, FCFA 1.3bn revenue, 2,000+ machines under management). Funds will raise refurbishment-site capacity (currently ~250 machines/year), strengthen technical teams and parts stock, and fund expansion from Senegal, Gambia and Guinea into Côte d'Ivoire.
Sources for this round4
- linkedin.comSaviu (LinkedIn, 8 Sep 2026): #Welcome SORAM AFRIQUE in #Saviu II — first investment in Climate Tech, €1.2M funding round alongside the management team
- fr.linkedin.comSORAM AFRIQUE (LinkedIn, 8 Sep 2026): 1,2 million d'euros levés — entrée du fonds Saviu au capital, création d'OLU 360
- innovation-village.comSaviu Ventures Backs SORAM Afrique in $1.36M Climate Tech Deal - Innovation Village (30 Sep 2026)
- weetracker.comSenegalese Industrial Company SORAM Afrique Raises USD 1.36 M From Saviu - WeeTracker (5 Oct 2026)
Frequently asked about SORAM Afrique's Venture
- How much did SORAM Afrique raise in its Venture?
- $1.4M, announced on 8 September 2026.
- Who led SORAM Afrique's Venture?
- Saviu Ventures led the round.
- Who invested in SORAM Afrique's Venture?
- 1 investor is named for this round: Saviu Ventures (lead).
