Maalexi Raises $2.8M in Funding

Maalexi, based in Riyadh and Abu Dhabi, has secured $2.8 million in an oversubscribed funding round. The company, which operates a risk-native agricultural supply chain platform, is utilizing these funds to accelerate the development of its regulated agricultural exchange, MAATEX.

Investors

The funding round was led by Tawuniya, Saudi Arabia’s largest insurer. Additional investors include returning backer Global Ventures, as well as strategic angel investors from the region and the United States, including Musaab Hakami.

Maalexi Use of Funds

Maalexi plans to use the new capital to accelerate the development and launch of the Maalexi Agricultural Assets Token Exchange (MAATEX), which it describes as the world first regulated real-world asset agricultural exchange designed to bring transparency and standardization to cross-border agricultural trade.

About Maalexi

Founded in 2023, Maalexi is led by co-founder and CEO Dr. Azam Pasha. The company provides an agricultural supply chain platform that integrates AI-driven trade intelligence, IoT-based asset monitoring, and blockchain-enforced settlement to verify and de-risk commodities trade. It is currently building a regulated public exchange for tokenized agricultural assets.

Funding Details

Company Website: https://maalexi.com

Company: Maalexi
Raised: $2.8M
Funding Date: June 26, 2026
Lead Investor: Tawuniya
Additional Investors: Global Ventures, Musaab Hakami
Software Category: Agricultural Technology and Fintech
Source: https://www.globenewswire.com/news-release/2026/06/26/3318218/0/en/maalexi-closes-2-8-million-round-led-by-tawuniya-to-accelerate-the-world-s-first-regulated-agricultural-exchange.html