cropped logo

Spurtech Resources Nigeria Limited Embarks on FIRST Round Funding in Collaboration with FasterCapital

At Spurtech Resources Nigeria Limited, we are driven by a clear mission: to create sustainable solutions that address some of the most pressing challenges in Africa and beyond. As an innovative startup, our business interests span across three strategic sectors—plastic management services, oxygen gas manufacturing, and telecommunications. These industries are at the core of economic growth, environmental responsibility, and improved quality of life.

Today, we are excited to announce that Spurtech Resources Nigeria Limited is seeking to raise $700,000 USD in capital investment as part of our second round of funding. This initiative represents a major step in scaling our operations, expanding our impact, and unlocking new opportunities for growth.

To strengthen this journey, Spurtech has entered into a collaboration with FasterCapital, a global venture builder and online incubator based in Dubai. FasterCapital has an impressive track record of co-funding and co-founding innovative startups across the globe. Their involvement brings not only financial leverage but also access to global networks, technical expertise, and strategic guidance that will accelerate Spurtech’s vision.

Why Spurtech?

  • Plastic Management Services: Developing sustainable waste management systems to tackle plastic pollution while creating new value chains in recycling and upcycling.
  • Oxygen Gas Manufacturing: Building capacity to meet the growing demand for medical and industrial oxygen, ensuring accessibility and reliability.
  • Telecommunication Services: Expanding connectivity and bridging digital divides by delivering innovative telecom solutions.

The Road Ahead

With the support of investors and our strategic collaboration with FasterCapital, Spurtech Resources Nigeria Limited is poised to transform challenges into opportunities. This funding round will enable us to:

  • Scale operations in waste management and recycling facilities.
  • Expand oxygen gas production plants to meet local and regional demand.
  • Invest in telecom infrastructure and digital solutions to reach underserved communities.

We believe that the future belongs to businesses that combine innovation, sustainability, and impact. Spurtech Resources is committed to being at the forefront of this change—delivering value to our investors, customers, and the society at large.

Join Us on This Journey

We welcome forward-thinking investors, partners, and stakeholders who share our vision of building a sustainable and connected future. Together, we can redefine industries, create jobs, and make lasting impact.

For partnership and investment opportunities, kindly contact us at info@spurtechresources.com.

About Spurtech Resources Nigeria Limited

Spurtech Resources is an innovative Nigerian startup with interests in plastic management services, oxygen gas manufacturing, and telecommunications. Our mission is to deliver sustainable solutions that drive growth, improve lives, and protect the environment.

About FasterCapital

FasterCapital is a global venture builder and online incubator based in Dubai, co-funding and co-founding startups worldwide with a focus on innovation, scalability, and long-term success. Established in 2014, they are now #1 venture builder in terms of number of startups that we have helped, money invested and money raised. We have supported over 1093 startups in raising more than $2.5 billion, while directly investing over 1 billion in 616 companies. Their comprehensive support system includes a worldwide network of Mentors, investors and strategic partners who allows them to transform ideas into scalable, market-ready businesses.