Nigerian Clean-Tech Startup Kaltani Raises USD 4 Mn Seed Funding

Nigerian clean-tech plastic waste recycling company Kaltani has raised USD 4 Mn in seed funding to expand its recycling operations across the country. The startup plans to open 20 new collection and aggregation centers across Nigeria and increase its staff strength to over 500 people.

Kaltani aims to solve Africa’s growing plastic waste crisis by promoting the circular economy and recycling best practices. The startup has a team of 100 spread across its collection centers, recycling factory, and offices, responsible for collecting bottles and other plastic waste which is transported to its collection centers for aggregation and processing and eventually taken to its recycling factory.