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

January 27, 2023 00:22:05
Releaf CEO, Ikenna Nzewi on raising capital for Releaf, early-stage startup valuation, and lessons from Y Combinator.
Equity Merchants
Releaf CEO, Ikenna Nzewi on raising capital for Releaf, early-stage startup valuation, and lessons from Y Combinator.

Jan 27 2023 | 00:22:05

/

Hosted By

Chimgozirim Nwokoma

Show Notes

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.

Other Episodes

Episode

June 08, 2022 00:43:02
Episode Cover

Ahmed Elmurtada, Managing Partner of 249Startups on the Sudanese startup ecosystem, impact of Y Combinator's investment in Bloom, and positioning Sudan as an investment destination.

On this episode of Equity Merchants, we speak to Ahmed Elmurtada, the Managing Partner and Co-Founder of 249startups. We chat about his motivation for...

Listen

Episode

July 13, 2022 00:49:36
Episode Cover

Metis Capital Partners' Gideon Dada on moving from investment banking to venture capital, entrepreneurs that should avoid VC funding, and why fintech gets the most funding.

In October 2021, Gideon Dada received a message from a recruiter on LinkedIn. The recruiter was looking to hire someone to join the team...

Listen

Episode

July 19, 2023 00:24:12
Episode Cover

Adaverse Founding Partner, Vincent Li on why he's bullish about Africa's web3 potential

African Web3 and blockchain sectors raised $5.1 million in 2021, rising to $88 million in 2022. This year, they've struggled with raising capital and...

Listen