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Agritech Logistics Tech in UAE

UAE-based B2B marketplace Produze raises $2.6 million to digitize agri value chain

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated
UAE-based B2B marketplace Produze raises $2.6 million to digitize agri value chain
Photo by Shelley Pauls / Unsplash

Produze, a UAE-based B2B marketplace that is digitizing and simplifying the agricultural value chain has raised $2.6 million in a seed funding round led by Accel with participation from others.

  • Produze enables retailers to procure directly from source country agri producer to deliver to their stores, in a process that gives a quality guarantee, competitive pricing, complete fulfilment and on-time delivery.
  • The startup aims to serve produce categories in multiple countries including the Middle East, North America, and Europe, serving a market worth $143 billion.
  • Accel invested in the round to improve access to fresh farm produce for customers at affordable prices.
  • All in Capital, Sammunati, Fashinza, Drip Capital, CityMall, Stellapps, DhanHQ, and others participated in the fundraise.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated

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