Agrocorp International Raises $17.5M in Series A Funding

Agricorp International
Agricorp International

Agricorp International, a Lagos, Nigeria-based spices producing, processing, and exporting company, raised $17.5m in Series A funding.

The round was led by Vami Nigeria with participation from One Capital LLC and AFEX.

The company intends to use the funds to increase its processing capacity up to 7000 metric tonnes.

Founded in 2018 by Kenneth Obiajulu and Wale Omotimirin, Agricorp is contributing to meeting the demand of spices as an export material.