Blockchain procurement platform Maalexi completed $3 million in Pre-A round of financing, led by Global Ventures

Blockchain procurement platform Maalexi announced the completion of a $3 million Pre-A round of financing, led by venture capital firm Global Ventures.

Maalexi aims to simplify the procurement process, mainly targeting small and medium-sized agricultural buyers. Its platform provides services such as digital contracts, document blockchain verification, and AI checks to achieve trade risk management and financial accessibility.

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