Profile
StartUp Bangladesh is a venture capital firm headquartered in Dhaka, Bangladesh. It was established to support startups and foster innovation within the country. The firm forms part of a government-backed initiative, with a focus on promoting local entrepreneurship and innovation. StartUp Bangladesh has a unique position as a public-private partnership, with involvement from numerous governmental stakeholders which sets it apart from many traditional venture firms.
The firm invests across various tech-driven sectors including Digital, E-commerce/Marketplace, HealthTech, CleanTech, and Fintech. StartUp Bangladesh primarily invests in early-stage through Series B startups, with preferred investment sizes generally ranging from $1-5 million. The firm operates extensively within Bangladesh, aiming to boost the local startup ecosystem. While the exact AUM is unspecified, the firm's backing by the government provides substantial strategic resources to its portfolio companies.
Some of the notable companies in StartUp Bangladesh's portfolio include Chaldal - an e-commerce marketplace, Pathao - a transportation and delivery service, and Sheba.xyz - a service platform. The firm's portfolio illustrates a dedication to empowering the technological advancement and digital infrastructure of Bangladesh.
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