UAE-based agritech firm name PRODUZE raised US$2.6 million
Fund raised in seed financing round led by Accel (US-based venture)
Accel, is known for being one of the first investors to back now-famous endeavors like Meta and Spotify.
in this seed round founders and CEOs of India-based agritech firms Ninjacart, Stellapps and Sammunati also participated
"We will be using these funds to further enhance our supply chain technology and procurement capabilities"- CEO Ben Mathew says
Produze's aim is to digitize agri & food sector procurement operation in Middle East.
's Ben Mathew, Rakesh Sasidharan, Gaurav Agrawal, Emil Soman
Produze enables agri producers to sell directly to global retailers and distributors.