Releaf - About the company
Releaf is a seed company based in Uyo (Nigeria), founded in 2017 by Joshua Nzewi, Uzoma Bailey Ayogu and Ikenna Nzewi. It operates as a Provider of industrializing food processing platform for crop farming. Releaf has raised $6.37M in funding from investors like SAMURAI INCUBATE AFRICA, Future Africa and Y Combinator. The company has 205 active competitors, including 26 funded and 14 that have exited. Its top competitors include companies like Windfall Bio, Stiesdal and Carbo Culture.
Company Details
Provider of industrializing food processing platform for crop farming. Its uses pre-processing technology to increase the quality of inputs supplied to food factories. It offers raw material logistics solutions for farmers to food factories.
- Website
- releaf.africa
- Email ID
- *****@releaf.ng
Key Metrics
Founded Year
2017
Location
Uyo, Nigeria
Stage
Seed
Total Funding
$6.37M in 7 rounds
Latest Funding Round
Investors
Ranked
4th among 205 active competitors
Employee Count
43 as on Jul 31, 2026
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Releaf's funding and investors
Releaf has raised a total funding of $6.37M over 7 rounds. Its first funding round was on Aug 03, 2017. Its latest funding round was a Seed round on Feb 28, 2023 for $*****. 1 investor participated in its latest round. Releaf has 14 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Releaf:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 28, 2023 | 6381575 | Seed | 4747163 | 9973014 | 4285319 | 9988309 |
Jan 09, 2023 | 6614800 | Seed | 9795292 | 2558906 | 1897068 | |
Sep 15, 2021 | 7228673 | Grant (prize money) | 6915927 | 9303933 | 8631012 |
View details of Releaf's funding rounds and investors
Releaf's founders and board of directors
Founder? Claim ProfileThe founders of Releaf are Joshua Nzewi, Uzoma Bailey Ayogu and Ikenna Nzewi. Ikenna Nzewi is the CEO of Releaf.
Here are the details of Releaf's key team members:
- Joshua Nzewi: Co-Founder of Releaf and founder of 1 other company. Contact Info: 1 email address
- Uzoma Bailey Ayogu: Co-Founder of Releaf and founder of 1 other company. Contact Info: 2 email addresses
- Ikenna Nzewi: Co-Founder & CEO of Releaf and founder of 1 other company. Contact Info: 2 email addresses
View details of Releaf's Founder profiles and Board Members
Releaf's employee count trend
Releaf has 43 employees as of Jul 26. Here is Releaf's employee count trend over the years:
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Releaf's Competitors and alternates
Top competitors of Releaf include Windfall Bio, Stiesdal and Carbo Culture. Here is the list of Top 10 competitors of Releaf, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Windfall Bio 2023, Menlo Park (United States), Series A | Developer of technology transforming methane into organic fertilizer for agriculture | $37M | 62/100 | |
2nd | Developer of offshore foundations, green hydrogen plants, and carbon capture systems | $121M | 57/100 | ||
3rd | Carbo Culture 2016, Woodside (United States), Series A | Producer and supplier of biochar | $24.9M | 55/100 | |
4th | Provider of industrializing food processing platform for crop farming | $6.37M | 55/100 | ||
5th | Applied Carbon 2020, Houston (United States), Series A | Developer of mobile biochar production technology | $41.7M | 49/100 | |
6th | Cool Planet 2009, Camarillo (United States), Acquired | Provider of decarbonization software and consulting for industrial net zero goals | $183M | 49/100 | |
7th | Provider of eco-friendly products for agriculture and healthcare | $512K | 47/100 | ||
8th | Verde Resources 2010, St. Louis (United States), Public | Provider of sustainable materials and solutions for reducing carbon footprint | - | 45/100 | |
9th | Standard Biocarbon 2020, Portland (United States), Series A | Manufacturer of high-carbon biochar for soil, remediation, and landscaping applications | $10.8M | 45/100 | |
10th | Takachar 2018, Cambridge (United States), Funding Raised | Developer of portable systems converting agricultural and forest residues into bioproducts | - | 43/100 |
Looking for more details on Releaf's competitors? Click here to see the top ones
Releaf's Investments and acquisitions
Releaf has made no investments or acquisitions yet.
Reports related to Releaf
Here is the latest report on Releaf's sector:
News related to Releaf
•
Nigerian startup Releaf secures $250k Investment to grow its operationsTechMoran•Mar 03, 2023•Releaf, Plesion Capital, Releaf
•
The tech start-up seeking to untap and transform Africa’s agricultural supply chain efficiencyFoodNavigator•Jan 20, 2023•Releaf
•
Agritech startup, Releaf raises $3.3 million pre-Series A as it looks to scale its operations across NigeriaTechpoint.Africa•Jan 09, 2023•Releaf, SAMURAI INCUBATE AFRICA, Consonance Investment Managers, Inclusive Capitalism and 4 others
•
Releaf, a Nigerian agritech startup, has raised $4.2 million to expand its food processing technologyTechgist Africa•Sep 18, 2021•Releaf, Y Combinator, SAMURAI INCUBATE AFRICA, Future Africa and 4 others
•
Nigeria agri-tech startup Releaf plans expansion into more crops, markets after closing seed roundDisrupt Africa•Jul 29, 2021•Releaf
•
Releaf, OnePipe Partner to Deepen Financial Inclusion, Improves Productivity for South-South FarmersInvestors King•May 31, 2021•Releaf, OnePipe
•
•
Releaf Group & MAX.NG Receive $200K in Funding from Harambeans Prosperity FundVOLANEWS•Jun 08, 2020•Releaf, MAX, Harambeans, Releaf
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