Releaf
OperatingReleaf is a Nigerian AgriTech startup which Manufactures agricultural machinery intended to help African food factories operate more efficiently.
- AgTech
- Uyo, Nigeria
- Non-equity Assistance
- Founded 2017
- releaf.ng ↗
- Total raised
- $9.6M
- disclosed
- Last round
- Non-equity Assistance
- Rounds
- 12
- since 2017
- Investors
- 17
- on record
- Employees
- 11-50
About Releaf
Releaf is a Nigerian AgriTech startup which Manufactures agricultural machinery intended to help African food factories operate more efficiently. The company uses proprietary technology to target domestic demand in industries where it develops smart-processing technology to increase the amount of addressable, quality material that can be sourced directly from farmers, enabling remote small and medium-sized agricultural startups to process raw materials quickly while saving costs and increasing revenue.
Releaf funding12 rounds
All 12 rounds →Releaf has raised $9.6M across 12 disclosed rounds. The latest is a Non-equity Assistance announced 25 Apr 2025, led by Africa Carbon Removal Accelerator.
- $180KPre-seedPre-seed, $180K, $180K raised to date
- $1.3MAngelAngel, $1.3M, $1.5M raised to date
- $100KDebt FinancingDebt Financing, $100K, $1.6M raised to date
- $20KGrantGrant, $20K, $1.6M raised to date
- $2.7MSeedSeed, $2.7M, $4.3M raised to date
- $1.5MGrantGrant, $1.5M, $5.8M raised to date
- $260KGrantGrant, $260K, $6.1M raised to date
- $3.3MSeedSeed, $3.3M, $9.4M raised to date
- $250KSeedSeed, $250K, $9.6M raised to date
SLA Funding Index · grey is capital raised before each round · 3 undisclosed rounds not drawn
Who has invested in Releaf
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 25 Apr 2025 | Releaf Non-equity Assistance | Africa Carbon Removal Accelerator | Not disclosed |
| 01 Feb 2024 | Releaf Non-equity Assistance | SAIS | Not disclosed |
| 28 Feb 2023 | Releaf Seed | Plesion Capital | $250K |
| 09 Jan 2023 | Releaf Seed | Samurai Incubate Africa +3 | $3.3M |
| 19 Nov 2021 | Releaf Grant | Africa’s Business Heroes (ABH) | $260K |
| 15 Sep 2021 | Releaf Grant | United States Agency for International Development +1 | $1.5M |
| 15 Sep 2021 | Releaf Seed | Samurai Incubate Africa +4 | $2.7M |
| 28 Jul 2021 | Releaf Funding Round | Samurai Incubate Africa | Not disclosed |
| 19 Nov 2020 | Releaf Grant | African Development Bank | $20K |
| 08 Jun 2020 | Releaf Debt Financing | Harambe Entrepreneur Alliance | $100K |
| 18 Mar 2019 | Releaf Angel | Eudaimonia Capital +2 | $1.3M |
| 01 Aug 2017 | Releaf Pre-seed | Y Combinator | $180K |
Releaf founders & team
Full team →- Joshua NzewiCo-Founder
- Ikenna NzewiCEO, Co-Founder
- Isaiah UdotongCo-Founder / Chief Growth Officer
- Uzoma Bailey AyoguCTO & Co-founder
Releaf competitorssame sector · similar funding
More AgTech startups in Nigeria
- XChange BOX
Xchange Box provides a platform for agro commodities financing and Rural MSMEs payments and access to finance. · Nigeria
- Maotronics Systems
Maotronics Systems is a start-up that develops proprietary hardware and software solutions · Nigeria
- LUTAM FARMS
An Agri-food processing company, processing locally grown crops into nutrient-dense foods · Nigeria
- UfarmX
UfarmX utilizes blockchain and AI technologies to revolutionize agriculture by integrating supply chain management and data collection. · Nigeria
- Thrive Agric
Thrive Agric is an agricultural technology startup connecting Farmers with Access to Finance, Premium Markets and Data. · Nigeria
- Agricorp
Agricorp is a Nigerian company that provides global exports to clients of ginger sourced in key trading markets in Africa. · Nigeria
Frequently asked about Releaf
- Where is Releaf based and when was it founded?
- Releaf is headquartered in Uyo, Nigeria and was founded in 2017.
- Who founded Releaf?
- Releaf was founded by Joshua Nzewi (Co-Founder), Ikenna Nzewi (CEO, Co-Founder), Isaiah Udotong (Co-Founder / Chief Growth Officer) and Uzoma Bailey Ayogu (CTO & Co-founder).
- Who is the CEO of Releaf?
- Ikenna Nzewi is Releaf's CEO, Co-Founder.
- How much funding has Releaf raised?
- Releaf has raised $9.6M across 12 disclosed rounds. Its latest, a Non-equity Assistance, was announced on Apr 25, 2025.
- Who has invested in Releaf?
- Backers include Africa Carbon Removal Accelerator, SAIS, Plesion Capital, Stephen Pagliuca and 13 others.
- What sector is Releaf in?
- Releaf operates in AgTech, Supply Chain Management and Hardware.
