Lagos, Nigeria – September 15th, 2025
Spurtech Resources Nigeria Limited, an innovative startup with business interests in plastic management services, oxygen gas manufacturing, and telecommunications, has announced the launch of its second round of funding to raise $700,000 USD in capital investment.
The company has partnered with FasterCapital, a global venture builder and online incubator based in Dubai, to support this fundraising initiative. The collaboration will provide Spurtech with strategic guidance, access to international networks, and co-funding opportunities to accelerate growth.
The investment will be used to scale Spurtech’s recycling and waste management solutions, expand oxygen gas production facilities, and strengthen telecommunications infrastructure to improve connectivity in underserved communities.
“We are excited to partner with FasterCapital as we continue to innovate across sectors that directly impact sustainability, healthcare, and digital access,” said Engr. Christian Dumbiri, CEO of Spurtech Resources Nigeria Limited.
For partnership and investment opportunities, please contact us via our contact page.