Senegalese Industrial Company SORAM Afrique Raises USD 1.36 M From Saviu

SORAM Afrique, a Senegalese industrial company founded more than 10 years ago by Florian Baudoin, has raised USD 1.36 M from Paris- and Nairobi-based investor Saviu Ventures and its management team.

Based in Dakar, SORAM Afrique reconditions and redeploys professional printing equipment, extending machine lifespans while reducing equipment and consumable waste.

The company serves SMEs, large businesses, government agencies and educational institutions and has worked with more than 1,000 customers, deploying about 4,000 machines across three countries.

SORAM operates under OLU 360 alongside IRIS Afrique and SIS, a group with 60 employees, FCFA 1.3 B in revenue and more than 2,000 machines under management. The funding will support OLU 360’s expansion across West Africa, including planned growth into Côte d’Ivoire. The deal is Saviu II’s first Climate Tech investment.