Stride Ventures has made its first investment in the GCC region by committing USD 1 million in venture debt to Maalexi, a dynamic risk management platform for cross-border food and agri-businesses. This investment will accelerate Maalexi’s growth and enhance its operational capabilities, promoting efficient procurement and distribution in the food and agriculture sectors. Maalexi’s use of cutting-edge technologies like AI-enabled inspections and blockchain-authenticated documentation positions it to revolutionize the $3 trillion global cross-border food trade market.
