AfriDex completes $5 million Pre-Seed round led by Endeavor Ventures

AfriDex, a blockchain software-as-a-service solution headquartered in London, UK, announced the completion of a $5 million Pre-Seed round led by Endeavor Ventures, with participation from African Crops Limited, Oldenburg Vineyards and Hank Oberoi. AfriDex is currently focused primarily on the agricultural market, supporting and protecting supply chain participants with a comprehensive on-chain solution leveraging blockchain technology implementation for traceability, frictionless payments, fraud-proof transactions, verified authentication, simplified tax and subsidy administration.