Releaf
Machinery - Uyo, Akwa Ibom, Nigeria
Releaf Details
Releaf is a social venture founded in 2017. The firm invents and operates proprietary food processing hardware to reduce post-harvest loss in the sustainable oil palm sector. Releaf 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).
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