AnveioInvestor preview · October 2026

Who We Are

Shovon HasanShovon HasanFounder, CEO
  • 10+ YoE, AWS (EC2, Bedrock) & Patreon (Payments)
  • Seattle-based, born in Bangladesh.
  • Anveio is a US‑based C‑corp with a subsidiary in Bangladesh.
  • Mission: Turn Bangladesh into the world’s most efficient source of AI data.

Partners

Anveio

What we do

We pay farms in Bangladesh to record drone video, then we enrich it and format it, and then license it to AI companies.

DDD$$$$$$IndividualsFarmsBuyersDLabsRoboticsBrokers
01020$8Cost$25Price$Per Hour of Footage
  • Licenses renew yearly, so the same hour of footage is sold per customer per year.
  • $40/hr for exclusive contracts.
AnveioPhotos: Wikimedia Commons

Why Now

  • AI data industry is seeing unprecedented growth.
    • Seller revenue grew up to 71× between 2025 and 2026.
    • Buyer spending is expected to grow 7.8× between 2025 and 2027.
  • Latest models are powerful enough to create overwhelming comparative advantage against non-AI incumbents in Bangladesh.
  • Historical farming data becomes more valuable over time and makes AI better at agriculture, business, world-modeling, and more.
Revenue
Data Company Revenues ($M)01,0002,000Q3 '24Q4 '26micro1$500M71×Mercor$2B27×Snorkel$350M18×Handshake$1B10×
  • Mercor
  • Handshake
  • micro1
  • Snorkel
Funding
Data Company Raises ($M)060120Q3 '24Q4 '26Mecka$120MProtege$65MLuel$31.2MBuild AI$15MKled$14M
  • Mecka
  • Protege
  • Luel
  • Build AI
  • Kled
AnveioSources: Gartner, TechCrunch, The Information, company releases

Why Bangladesh

  • AI is accelerating innovation. Data is the bottleneck. Later, deployment will be.
  • Bangladesh has a malleable bureaucracy, the highest population density of any large country, and a US-friendly government.
  • Bangladesh is rich in farms and fertile, low-cost land.
  • Natural moat: first company to deploy data collection infrastructure at scale will win. Small economy = winner-take-all.
  • Long term: become default data partner for buyers of high quality physical world-data in the region.
DumuriaSite 1Site 2ProtegeTroveoWirestockKledOrigin LabTollBitDatabricksSnowflakePrime IntellectMechanizeApplied ComputeAnthropicOpenAIGoogle DeepMindxAIPhysical IntelligenceSkild AIFigureIsomorphic LabsCursorDataInnovation
AnveioBoundaries: geoBoundaries (BBS, OCHA) · Rivers: © OpenStreetMap contributors

Where this is going

  • First, we become the world’s most trusted source of AI data in Bangladesh. (Q4 2028)
    • Drone video
    • Physical sensors (salinity, temperature, moisture)
    • Evals (AgricultureBench 1.0, RL Envs)
    • Scale horizontally: 2 → 16.9M farms
  • Second, we become the deployment vehicle for all AI-powered innovation:
    • Last-mile delivery of breakthrough medicine
    • Specialized vehicles that make supplying the most remote villages economical
    • Building materials and construction standards tuned to Bangladesh’s climate and geography
    • Safer roads and self-driving public transit
    • Pollution removal, sanitation, garbage collection and water treatment
    • Cheap lab-grown meat to fight malnutrition
Projected Gross ARR (Phase 1, Data)
$0$20M$40M$60M$80M$45.1MDrone video$31.3MEvalsQ1 ’27Q2 ’27Q3 ’27Q1 ’28Q4 ’28AgricultureBench 1.0First sensor installedFirst partner farmAgricultureBench 2.0Go direct to AI labs
AnveioBBS Agriculture Census 2019

Month 1

Goal: Collect at least 20 hours of high quality drone footage.

RepeatDeploy drone to farmCollect footageUpload footage
Anveio

Month 2

Goal: Go to market, get one buyer commitment.

Create data pipelineCropRoadHumanCropRoadHumanDrainageCropWaterHumanEmbankmentEnrich datasetBuyersSell

Buyers

OpenAIProtegeAnthropicFigureTroveoGoogle DeepMindPhysical IntelligenceWirestockSkild AIKled
Anveio

Month 3

Goal: Record 10hrs/day/farm of drone video.

ReinvestHire operatorsRecord more hours a dayImprove data pipelineLicense data
Anveio

Month 4

Goal: Release AgricultureBench-1.0

Eval = Benchmark + RL Env

RepeatCreate evalSell to buyersCollect more raw videoImprove eval
Anveio

By the Numbers

  • Evals: $400k/quarter per contract (Phase 0 = 1 contract, 20 by 2028)
  • Drone video: 2 farms × 10 hrs/day at $25/hr, licensed to 2 labs, rising to 3 by 2028; licenses renew yearly
  • Price per hour rises 25% for each year of history on the plot: more history gives new footage more context
  • Partner farms: 1–2 new farms a month from Jul 2027, rising to 10 a month by Apr 2028
AnveioEpoch, Jan 2026

Sources

Market

  1. TechCrunch, micro1 raises at $500M valuation, $7M to $50M ARR (Sep 2025)
  2. TechCrunch, micro1 crosses $100M ARR (Dec 2025)
  3. TechCrunch, micro1 reaches $500M gross run rate (Aug 2026)
  4. TechCrunch, Mercor run rate history (Sep 2025)
  5. TechCrunch, AI startups growing revenue faster (Mercor $2B, Jul 2026)
  6. Snorkel AI press release, run rate past $350M (Sep 2026)
  7. Upstarts Media via Techmeme, Handshake AI $100M run rate (Oct 2025)
  8. Dealroom citing The Information, Handshake AI nears $1B (Apr 2026)
  9. BetaKit, Mecka AI $60M Series B led by Sequoia (Oct 2026)
  10. Fortune via RuntimeWire, Mecka AI raises $60M (Jun 2026)
  11. Protege, $10M seed (Sep 2024)
  12. CDO Magazine, Protege $25M Series A (Aug 2025)
  13. Lowenstein, Protege $30M Series A-1 led by a16z (Jan 2026)
  14. Lightspeed, Luel $31.2M (May 2026)
  15. Humanoids Daily, Build AI $15M (Dec 2025)
  16. OurCryptoTalk, Kled $5.5M seed (Mar 2026)
  17. Phemex, Kled $3M from The Data Foundation (Jun 2026)
  18. Gartner, worldwide AI spending forecast, AI Data segment (May 2026)

Photos

  1. Drone: Mahinur11, Hands planting hope, Dinajpur (CC BY-SA 4.0, cropped)
  2. Drone: Sultan Ahmed Niloy, Sweet noodles and rice field, Bogura (CC BY-SA 4.0, cropped)
  3. Drone: ZLEA, DJI Mavic 3M Multispectral at Sun 'n Fun 2024 (CC BY-SA 4.0, cropped)
  4. Drone: Azimronnie, Drying rice 18 (CC BY-SA 4.0, cropped)

Logos

  1. OpenAI and Anthropic logos (illustrative targets; trademarks belong to their owners): Simple Icons, CC0
  2. AWS logo: Wikimedia Commons
  3. Patreon logomark: Wikimedia Commons
  4. MadHive logo: madhive.com
  5. Emory University logo: emory.edu
  6. Skild AI logo: skild.ai
  7. Google DeepMind logo: Wikimedia Commons
  8. Physical Intelligence logo: Wikimedia Commons
  9. Figure logo: figure.ai
  10. Protege logo: withprotege.ai
  11. Troveo logo: troveo.ai
  12. Wirestock logo: wirestock.io
  13. micro1 logo: micro1.ai
  14. Mecka logo: mecka.ai
  15. Kled logo: kled.ai
  16. Origin Lab logo: originlab.ai
  17. TollBit logo: tollbit.com
  18. Build AI logo: build.ai
  19. Luel logo: luel.ai
  20. Mercor logo: mercor.com
  21. Snorkel AI logo: snorkel.ai
  22. Handshake logo: joinhandshake.com
Anveio

Sources: Roadmap

  1. Financial Express 2022-12-28: Agriculture Census 2019, 16.88M farm households
  2. TechCrunch 2025-09-09: Mercor $75M (Feb 2025), $100M (Mar 2025), ~$450M gross
  3. TechCrunch 2026-07-09: Mercor run rate crossed $2B
  4. Dealroom 2026-07-06: Mercor $2B gross, roughly double the start of 2026
  5. Upstarts Media 2025-10-14: Handshake AI $100M in 8 months
  6. Dealroom 2026-04-14: Handshake AI nearly $1B gross; $550M in Jan 2026
  7. TechCrunch 2025-12-04: micro1 $7M to >$100M ARR
  8. TechCrunch 2026-08-20: micro1 $500M gross, $150-200M net
  9. TechCrunch 2026-09-22: Snorkel $375M; 60-70% contractor payout at Mercor, Handshake and micro1
  10. Reuters via The Star 2026-09-22: Snorkel data service launched Sep 2025
  11. Dealroom/The Information 2026-09-29: Proximal >$200M (QTD x4)
  12. Proximal blog 2026-09-29: New Frontiers
  13. The AI Insider 2026-10-08: Mecka >$100M run rate (company claim)
  14. TechCrunch 2026-09-11: Mecka founded 2024; June projection of $100M by end-2026
  15. TechCrunch 2026-05-14: Wirestock $40M run rate; 700K contributors
  16. Buzzsprout/PMF Show 2026-04-13: Protege GMV $1M to $30M; ~250 partners
  17. Humanoids Daily 2026-09-08: Index 69,943 WAU; 35 min of video per second
  18. Scroll.in 2026-05-20: 100M-1B hours, $1.5B-50B over 2-3 years (VC estimate)
  19. MIT Technology Review 2026-04-01: robotics firms spend >$100M/yr on real-world data
  20. Figure 2026-08-25: Index launch; >$1B on data and compute in 12 months
  21. Unite.AI 2026-08-10: Dyna DYNA-2 trained on 1M+ hours of human video
  22. arXiv 2602.08593 (Feb 2026): $110 soil probe node, Punjab smallholder pilot
  23. DexSet 2026-07-02: robot training data price ladder, QA rejection
  24. Exylos 2026-09-05: robotics dataset pricing; no basis for an exclusivity multiple
  25. TechCrunch 2026-05-26: Human Archive $1/hr base; India ₹250-400/hr
  26. Globe and Mail ~2026-10: gig collector pay $2.40-4.50 per approved hour; XDOF targeting 10M hours
  27. ABC News 2026-09-20: Appen ~60K hrs/month from up to 5,000 contributors; 'commoditised and de-valued'
  28. StartupFeed 2026-07-01: India collection rates fell 30% (single source)
  29. TechCrunch 2026-01-27: Uber AV Labs data free to partners
  30. Epoch AI 2026-01-12: RL environment pricing FAQ
  31. arXiv 2412.19740 (Dec 2024): coastal SW Bangladesh salinity; Dumuria bands
  32. Land Reforms Act 2023, official text (ss.2, 4, 8, 12, 14, 15)
  33. US State Dept 2025 ICS Bangladesh: land via local company; Tk121/$
  34. FAO WCA 2020: Bangladesh Agricultural Census 2019 holdings and tenure
  35. TBS 2021-12-22: PRAN ~100k contract farmers; industry ~200k
  36. Financial Express 2026-02-05: Grameenphone 2025 revenue Tk 158.06bn
  37. Daily Star 2025-10-02: PRAN-RFL $3bn turnover (claimed)
  38. Papermart (undated): Meghna ~$3bn turnover (claimed)
  39. Securiti 2026-06-29: PDPA 2026 cross-border restrictions
  40. Daily Star 2026-07-07: PDPA in force 15 Apr 2026
  41. Lenny's Newsletter 2025-09-18: Mercor $1M to $500M in 17 months (month-0 inference)