GlobalTrade is a technology-driven digital marketplace project developed by Advanced Horizon Markets that seeks to redefine international trade through transparency, compliance, sustainability and automation. The platform is being built to offer business verification, smart contracts, integrated quality control, comprehensive shipping solutions and real-time tracking. Advanced technologies cited for the platform include blockchain and AI to power verification, contracts and tracking. The project has secured a seed-phase equity investment that placed an 80% stake with an investment firm and values the project at €1.1 million. Advanced Horizon Markets will retain 15% of shares subject to a three-year cliff, while 5% will be allocated to technical team members. Plans include relocating the GlobalTrade headquarters to Muscat, Oman and accelerating development through partnerships with international organizations, financial institutions, insurers, tech startups and logistics providers.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2024