Releaf CEO, Ikenna Nzewi on raising capital for Releaf, early-stage startup valuation, and lessons from Y Combinator.

In 2017, Ikenna Nzewi, Uzoma Ayogu, and Isaiah Udotong moved to Nigeria to start an agritech startup, Releaf. Their idea was to build a digital marketplace for agricultural produce in Nigeria, but they soon shelved that plan. Now, they build supply chain technology for the agricultural sector and currently focus on the oil palm sector.

Earlier in the year, they raised an oversubscribed pre-Series A round that they say will fuel their expansion across the country. Ikenna joins us on the podcast to discuss Releaf's early days, raising capital for the business, and shares a few tips for founders.

This episode is proudly sponsored by the Techpoint Africa business team. 

You can send me an email at [email protected] For most stories on startups and innovation, visit techpoint.africa.