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Home Middle East and Africa

Agriculture Export startup Produze raises $2.6 Million

Femi Thomas by Femi Thomas
08/17/2022
in Middle East and Africa, World Regional News
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Produze UAE

Produze UAE

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Agriculture exports startup Produze has raised $2.6 million led by Accel Partners.

The round also saw participation from All In Capital, and other angel investors from startups including founders of Ninjacart and Citymall.

Produze began its operations six months ago and was founded by Ben Mathew, Gaurav Agrawal, Rakesh Sasidharan, and Emil Soman. 

Mathew and Agrawal were a part of the leadership team at Walmart-backed Ninjacart.

The startup claims to enable Agri producers to sell directly to international retailers, helping producers with higher margin international distribution and assisting retailers with quality, competitive prices, and better availability.

Produze will serve multiple Agri produce categories in multiple countries in North America, Europe, and the Middle East. 

The platform is now inviting applications for participating retailers and Agri producers.

It currently only operates in the UAE but will eventually expand to 18 countries.

 

Read more on Tech Gist Africa:

Homzmart, an Egyptian online furniture marketplace, has raised $23 million in pre-series funding

The Fashion Kingdom, an Egyptian online fashion retailer, has raised $2.6 million in a seed round of funding

Cartona, an Egyptian B2B Ecommerce Platform, secures $12 million in funding

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