Maalexi Raises $2.8 Mn in oversubscribed Funding

The funding round was led by Saudi-listed insurer Tawuniya, with additional investment from Global Ventures.

“At Tawuniya, we back businesses that strengthen financial infrastructure and improve market resilience,” said Fahad Bin Muammar, chief investment officer of Tawuniya. “Maalexi has built a disciplined, risk-focused platform that connects physical agricultural trade with emerging digital asset infrastructure. We believe its regulated exchange model can improve transparency, efficiency and market access across global agricultural trade.”

“This round marks an important milestone for Maalexi,” said Dr. Azam Pasha, co-founder and CEO of Maalexi. “Tawuniya’s leadership in this round reflects growing institutional confidence in our platform and in the opportunity to modernise agricultural trade infrastructure. Over the past three years, we have shown that physical agricultural trade can be verified, standardised and executed with lower risk. We are now building the exchange layer on top of that foundation.”

Founded in 2021 by Azam Pasha and Rohit Majhi, Maalexi has developed a platform that uses AI, IoT, and blockchain to verify agricultural products, manage risks, and make cross-border agricultural trade more secure and transparent. The platform is used across the UAE, Saudi Arabia, India, and Europe.

The new funding will help Maalexi expand its regulated trading platform and improve transparency, standardization, and efficiency in global agricultural commodity trading through tokenized real-world assets.

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