Fundraising FoxStartup Bangladesh
Government fundDhaka · Seed–Growth
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Investment thesis
Startup Bangladesh invests in seed and growth stage startups using a range of instruments including equity, convertible debt and grants. The firm operates through co-investments, functioning as both a fund-of-funds and an asset manager. Beyond capital, it provides in-kind support to startups and ecosystem stakeholders. Its focus is on the Bangladeshi startup ecosystem, based in Dhaka.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 17 of 35 portfolio companiesAI & Machine Learning ×4B2B Marketplaces ×4Consumer ×4E-commerce ×4Fintech ×4Healthtech ×4Logistics & Supply Chain ×4Digital Health ×3
HQs:Bangladesh×11United States×3
Who they back
founder profiles across 13 portfolio companiesFounding team size:solo founder×32 founders×73 founders×24+ founders×1
Where their founders studiedfrom 12 founders with education data
North South University ×3
What their founders studiedfrom 14 founders with field-of-study data
Business & Management ×6Computer Science ×5Finance & Accounting ×3
Where their founders worked beforefrom 14 founders with career history
Edmund Hillary Fellowship (EHF) ×2SigFig ×2Socian Ltd. ×2
Investments · 35 tracked
founders shown can be your intro pathBy year:2026 · 12023 · 12022 · 22016 · 15 dated
Vroom operates two primary businesses following the 2024 wind-down of its used vehicle ecommerce platform: UACC, an indirect automotive lender offering financing to consumers through a network of independent and franchised motor vehicle dealers with a focus on non-prime credit markets; and CarStory, an AI-powered analytics and digital services platform for automotive retail.
Fort Worth, US
Allon Bloch(Executive Officer, Director)Marshall Chesrown(Executive Officer, Director)Thomas H. Shortt(Executive Officer, Director)Anna-Lisa Corrales(Chief Legal Officer, Chief Compliance Officer and Secretary)inJon Sandison(Chief Financial Officer)inKevin Westfall(Director)
Co-investorsFJ LabsFraser McCombs CapitalGeneral CatalystAllen & CompanyAltimeter CapitalDurable Capital Partners+4 more
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Brintop F 5% Topical Solution is a dual-action hair loss treatment containing minoxidil and finasteride for adult men.
B2B MarketplacesDigital HealthE-commerceHealthtechMedical DevicesBangladesh, BD
Arefin Zaman(Founder)inMd Nazmul Hossain(Founder)in
Co-investorsDoha Tech AngelsAccelerating Asia
Affordable and accessible education platform for K-12, college, and competitive exam students in Bangladesh.
Co-investorsPeak XV PartnersSurgeSequoia Capital
Arogga is an online pharmacy in Bangladesh selling prescription and OTC medicines, healthcare devices, beauty, baby care, and wellness products, with prescription verification by licensed pharmacists and nationwide home delivery.
Digital HealthE-commerceHealthtechDhaka, BD
Yawar Mehboob(Founder)inFahad Hossain(Founder)Rosina Mazumder(Founder)Shamim Hasan(Founder)
Co-investorsBlue CollectiveEpic AngelsITERATIVEThe Venture CollectiveVerge HealthTech FundHyperchain Capital
Chaldal.com is an online grocery and necessities delivery service available in Dhaka, Jashore, and Chattogram.
B2B MarketplacesConsumerE-commerceFoodTechLogistics & Supply ChainDhaka, BD
Waseem Alim(CEO)inZia Ashraf(Founder)inTejas Viswanath(CTO)in
Co-investors500 GlobalBeresford VenturesMetaplanetRazor CapitalXploration CapitalY Combinator+18 more
Dubotech builds a sovereign, edge-native autonomy software layer that connects existing boats, drones, ground vehicles, sensors and undersea systems into a single coordinated fleet across air, land, surface and undersea domains.
AI & Machine LearningDefense TechRoboticsDhaka, BD
Frontier Nutrition makes fortified snacks aimed at improving pediatric and maternal nutrition, focusing on affordability and cultural relevance for low-income communities.
Advanced ManufacturingConsumerFoodTechImpact & Social GoodHastings On Hudson, US
Tanveer Ali(Co-Founder & CFO, Director)Eddie Bearnot(Co-Founder & CEO, Chairman)Rob Beudeker(Director)Shazi Visram(Director)Paul Levy(Director)
Co-investorsAdjuvant Capital
iFarmer operates Folon, a mobile app that delivers personalized agricultural advisory content, expert support, and financial services to small-scale farmers.
AgTechAI & Machine LearningFintechSaaSDhaka, BD
Co-investorsNexus for Development
Markopolo is an AI-powered marketing platform for consumer brands that predicts customer behavior and autonomously triggers interventions, with an "Agentic Commerce" system that assigns each customer an AI agent.
AI & Machine LearningDirect to ConsumerE-commerceMarketing Tech
Ru(Cofounder)Tas(Cofounder)
Co-investorsHF0Dekko ISHO Venture CapitalJoa CapitalTranspose Platform Management
Moner Bondhu provides online and in-person counseling, crisis helplines, corporate workshops, and mobile app-based mental health content for individuals and organizations across Bangladesh and 13 other countries.
Digital HealthHealthtechMental HealthSocialWellness & FitnessDhaka, BD
Tawhida Shiropa(Founder and CEO)in
OpenRefactory provides automated application security (AppSec) tools that scan proprietary code and open source dependencies to identify and remediate vulnerabilities across the software supply chain.
AI & Machine LearningCybersecurityDeveloper Tools
Co-investorsLook AI Ventures
Pathao is a consumer super app in Bangladesh and Nepal offering ride-hailing (bike and car), food delivery, parcel/courier logistics, e-commerce, and fintech/payment services.
FintechLogistics & Supply ChainMobility & TransportationDover, US
Fahim Saleh(Founder)Hussain Elius(Founder)Shifat Adnan(Founder)in
BoardEdward Simnett(Director)Siamac Kamalie(Director)Efath Sharker(Director)
Co-investorsAC VenturesAgaeti VenturesAnchorless BangladeshOpenspace VenturesRC VenturesSkycatcher Fund+3 more
PulseTech is Bangladesh's leading tech-enabled pharmaceutical distributor rebuilding the supply chain that connects drug manufacturers to independent pharmacies.
B2B MarketplacesEnterprise SoftwareHealthtechLogistics & Supply ChainDhaka, BD
Arefeen Raafi Ahmed(Co-founder & MD)inKazi Ashikur Rasul(Co-founder)in
Co-investorsITERATIVE
ShareTrip is an online platform offering travel booking services (flights, hotels, holiday packages) and lifestyle solutions (bill payments, mobile recharges, shopping) through mobile apps and a website.
B2B MarketplacesConsumerTravel & Hospitality
Sadia Haque(Founder)in
Co-investorsAurelia Ventures
Shikho is an online learning platform offering video lessons with animated examples created by experienced mentors to help students prepare for classes and exams.
ConsumerEdTech
Shahir Chowdhury(Founder)Zeeshan Zakaria(Founder)
Co-investorsAnchorless BangladeshWavemaker PartnersLearnStart
Sokrio Technologies develops business management software including a CRM system and a distribution management system designed for retail channel management and sales automation.
Enterprise SoftwareRetail TechSaaSSales Tech
Truck Lagbe is an app-based online truck-rental platform that connects truck owners and drivers directly with shippers, offering booking with GPS tracking.
Logistics & Supply ChainMarketplacesMobility & Transportation
Co-investorsBetatron Venture GroupColopl NextMount Parker VenturesRC VenturesSeedstarsShorooq Partners+1 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AmarlabBongo BdBooktionaryDhakacastEnglish ChampHellotaskIntelligent MachinesLoopMyaliceParents CarePavilionPickabooShebaShuttleSwapZantrik
Exits · 1
1 IPOsVroomNASDAQ: VRM
Portfolio news
latest coverage across their companiesVroom · trysignalbase.com · May 11, 2026
Frequently asked questions
- How many investments has Startup Bangladesh made?
- Startup Bangladesh has 35 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
- What stage does Startup Bangladesh invest at?
- Startup Bangladesh invests at the Seed, Growth stages.
- What sectors does Startup Bangladesh focus on?
- Startup Bangladesh focuses on Impact & Social Good, Sector Agnostic.
- Where is Startup Bangladesh located?
- Startup Bangladesh is headquartered in Dhaka, BD.
- Who does Startup Bangladesh co-invest with?
- Startup Bangladesh most often shares deals with Anchorless Bangladesh, ITERATIVE, RC Ventures, among 38 tracked co-investors.
Images
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