Agroshift, a Dhaka-based agri-tech platform that enables farmers to sell their products to businesses and consumers, announced that it has raised $1.8M in pre-seed funding at an undisclosed valuation co-led by Shorooq Partners and Anchorless Bangladesh.
About the investors: Shorooq Partners is a UAE-based middle-east focused technology investor, and Ancroless Bangladesh is a New York-based early-stage venture capital firm active in the local startup ecosystem.
Other investors who participated in the round are Julian Shapiro, founder of Demand Curve, Ratio Ventures, Sketchnote Partners, and Sabr Capital.
What is Agroshift: Agroshift is a B2B agri-marketplace that connects farmers to businesses. The ultimate goal is building technology solutions to transform the fresh food supply chain and improve the lives of farmers, small businesses, and consumers through which farmers will get better bend and fair prices, and consumers will get fresher and safer products.
The company is founded by Qazi Bouland, Rameez Hoque, and Diptha Saha.
The company was founded in 2022 and helps farmers sell their products to businesses and consumers by providing a tech- enables supply chain merging the physical and digital worlds for “phy-gital” business model which takes care of the demand aggregation, sourcing, and delivery.