Agridex Building Limited
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Agridex Building Limited - overview
Established
2020
Location
San Antonio, TX, US
Primary Industry
Financial Services
About
Based in Texas, US, and founded in 2020, Agridex Building Limited operates as a Real-World Asset (RWA) marketplace for the agricultural industry, bringing the $2. 7 trillion market on-chain. It offers a platform for farmers, traders, and processors to buy, sell, and trade agricultural products and services, leveraging Solana's fast and low-cost transaction capabilities. Agridex Building Limited developed agriculture platform that improves the agricultural supply chain by providing an on-chain solution.
The company provides features including reducing transaction costs through Solana-based fees, near-instant settlement times, and autonomous verification of documents to reduce fraud. The firm’s platform focuses on improving visibility by maintaining an immutable, publicly accessible record of all on-chain data. It offers AgriDex governance token ($AGRI) used to incentivize and reward users based on their engagement and trade volumes. The token also allows holders to participate in governance decisions through a decentralized autonomous organization (DAO).
In December 2024, Agridex Building Limited raised USD 4 million in venture funding led by new investor Portal Ventures, with participation from returning investor Endeavour Ventures. Other new investors Hawkwood Capital, HU Investments, FS Ventures, Sycamore Gap Management Ltd, individual, and other unspecified investors also participated in the round. The company will use the funding to tokenize and process USD 4. 5 billion in pending trade commitments and expand its platform to include new commodities such as West African cocoa and Eastern European wheat.
Current Investors
Endeavour Ventures, Oldenburg Vineyards (Pty) Ltd , African Crops
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software, Agribusiness
Website
https://agridex.com/
Verticals
Blockchain, FinTech
Company Stage
Early Stage
Total Amount Raised
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