Agri-tech startup Releaf raised US$4.2m in seed equity to scale its technology solutions

NIGERIA – Releaf, a startup that develops proprietary hardware and software solutions to drive the industrialisation of food processing in Africa, has raised US$4.2 million in seed equity and grant funding to support the development and scaling of technology solutions for the oil palm sector. Agri-tech startup Releaf was founded in 2017 and took part in the Y Combinator accelerator programme in Silicon Valley the same year, but only started operations in the oil palm space in 2019 and deployed its proprietary technology in January of this year. The startup’s…

Read More

Releaf startup set to expand into more crops and additional West African markets

NIGERIA – Releaf, a raw material procurement & logistics startup, which develops proprietary hardware and software solutions to drive the industrialisation of food processing in Africa, is planning to expand into more crops and additional West African markets after closing its seed round earlier this year. Releaf was founded in 2017 and took part in the Y Combinator accelerator programme in Silicon Valley the same year, but only started operations in the oil palm space in 2019 and deployed its proprietary technology in January of this year. “Our hardware increases…

Read More