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3 Latest Announced Rounds

$2,265.93M Raised in 95 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Releaf

start up
Nigeria - Uyo
  • 13/01/2023
  • Pre Series A
  • $3,300,000

Releaf is a supply chain technology company that supplies ingredients to African Food Factories. We’re on a mission to build climate-adaptive supply chains as Africa’s population increases by 3 billion.

We are starting by making vegetable oil cheaper and supplying it to Nigerian Food Factories

Releaf also provides smallholders with extension services, serves as an off-taker of their produce, and processes the raw material into factory-grade inputs for vegetable oil factories. In addition to its hardware, Releaf utilizes digital technologies including USSD and open banking to work seamlessly with its network of over 2,000 smallholder farmers, who have supplied over 15 million kilograms of quality palm kernel nuts to food factories.

Releaf is backed by Y Combinator, Breakthrough Energy Ventures, Consonance Investment Managers, Steve Pagliuca (Chairman of Bain Capital), Justin Kan (Co-founder of Twitch), and Iyin Aboyeji (Co-Founder of Flutterwave, Andela).


Related People

Ikenna NzewiCo Founder

Ikenna Nzewi Nigeria - Eti Osa, Lagos State,

Releaf uses supply chain technology to get African FMCGs their ingredients cheaper. We’re backed by Y Combinator, Samurai Incubate, Future Africa, amongst others. I'm mentored by Pres. Adesina of The African Development Bank.

Twitter @KeenKenna