Nigeria’s Reelfruit Raises USD 3 Mn Series A Funding

ReelFruit, a premium dried fruit firm known for its high-quality nutritional snacks, announced that it has received a USD 3 Mn Series A investment. Alitheia IDF led the round with participation from Samata Capital and Flying Doctor Healthcare Investment Company.

ReelFruit is one of the largest dried fruits and nuts packaging and distribution businesses in Nigeria. With the capital, ReelFruit plans to scale its dried fruit production, develop new products, and increase exports. ReelFruit intends to expand its existing relationship with Nigerian fruit farmers as part of its attempts to acquire high-quality raw materials.