A Nigerian oil palm startup raised $4 million to build a “smart” factory
submitted almost 5 years ago by ubi24
submitted almost 5 years ago by ubi24
- Releaf is a Nigerian startup that processes palm nuts into vegetable oil, aiming to improve efficiency for smallholder farmers and reduce costs for manufacturers.
- The company has raised $2.7 million from various investors and plans to build factories closer to farmers to streamline production and meet Nigeria's high demand for vegetable oil.
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