According to Odaily Planet Daily, AfriDex, a British blockchain software-as-a-service (SaaS) solution, has completed a $5 million Pre-Seed round of financing, led by Endeavor Ventures, with participation from African Crops Limited, Oldenburg Vineyards, and Hank Oberoi. AfriDex plans to use this round of financing to expand its business and development plans. The company is advancing its Solana-based platform to empower and protect agricultural supply chain participants through comprehensive on-chain solutions. AfriDex aims to use blockchain technology to achieve traceability, frictionless payments, anti-fraud transactions, verifiable certification, and simplified tax and subsidy management.
