Releaf
What it does
Releaf is a Nigerian agritech and climate-tech company founded in 2017 by Ikenna Nzewi and Uzoma Ayogu that focuses on industrializing Africa's food processing, particularly the palm oil value chain. A YC-backed startup, it has raised over $10 million in total funding including a $4.2M seed round (2021) and $3.3M pre-Series A (2023). Releaf develops proprietary technology like the Kraken nut cracker and has expanded into biochar production through Releaf Earth.
agri-processing
Known for
- YC-backed Nigerian agritech startup
- Palm oil processing technology (Kraken nut cracker)
- Industrializing Nigeria's palm oil value chain
- Biochar production from palm waste (Releaf Earth)
- $10M+ total funding raised
Model & industry
Marketplace / Aggregator modelAgriculture
Funding history
$3.5M
Total raised
2
Rounds
Pre-Series A
Latest stage
2023
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2023-02 | Undisclosed | $250K | Pleison Capital |
| 2023-01 | Pre-Series A | $3.3M | Samurai Incubate Africa |
Source: Condia Funding Tracker
Products & subsidiaries
Kraken Nut Cracker · HardwareReleaf Earth · Product Line
In the News
- 2026-03-21 · Meet the founders who raised over $10 million from palm processing and the waste · Business Insider Africa