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Releaf Marketplace Nigeria Limited Transforming food processing in Africa

Cover image of Releaf Marketplace Nigeria Limited, Agritech venture on VC4A

Releaf is an agricultural supply chain tech company using proprietary hardware and software to source from smallholder farmers at scale, control quality, and deliver processed output to Food Factories as our customers. We use our geospatial product SITE to find farms, our SALT software to buy crops from farmers, and Kraken, the most advanced palm nut de-shelling technology, to produce vegetable oil that is sold to food factories.
Releaf buys crops, offers loans to farmers, and cracks palm nuts to produce vegetable oil.

SALT – Reduced our raw material costs by 20% from launching SALT. Registered more than 5.6K farmers, deployed >$300K in loans to our farmers with <1% default rate and have sustained a 86% average annual retention rate.
SITE – Reduced our logistics costs by 60% by identifying optimal processing centre and logistics pickup routes to move crops from farm to factory
Kraken – Reduced processing costs by 50%, leading to 15% Margin at <50% capacity in Q1 23.

SectorsAgritech
LocationLagos, Nigeria
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