Releaf connects smallholder palm oil farmers with large food manufacturers in Nigeria. It buys palm nuts from over 2,000 farmers and uses a proprietary Kraken de-sheller to process nuts 25 times faster with 95% purity, then sells high-quality kernels to consumer goods brands while offering farming financing and training; a USSD-based SITE software manages the supply chain. The company also turns palm kernel shells into biochar through pyrolysis, producing carbon removal credits verified with partners, while the biochar acts as a soil amendment and has shown yield gains in pilots. Its goal is to remove 700,000 metric tons of CO2e by 2030 and generate revenue from kernels, biochar, and carbon credits, setting it apart with a tightly integrated farmer network, faster processing, and a new climate-focused revenue stream.
Company Size
11-50
Company Stage
Early VC
Total Funding
$8M
Headquarters
Nigeria
Founded
2017
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