Focusing on agricultural technologies, Doktar completed the Series A investment round led by Diffusion Capital Partners. Financial details of the investment were not disclosed.
Doktar, a local startup that develops end-to-end technologies for the digital transformation of the agriculture and food industry, has completed its series A investment round.
Doktar’s A series investment round was led by Diffusion Capital Partners. Apart from DCP, individual investors and Credia Ventures, one of the company’s existing investors, also participated in the investment round.
With the new investment, Doktar will strengthen its international structure in order to increase the global penetration of its products, which are currently used in more than 17 countries. Currently operating in the markets of Greece, Spain and Romania, Doktar aims to cover all of Southern Europe and North Africa with this investment.
Founded by Tanzer Bilgen and Selim Ucer in 2017, Doktar develops internet-of-things-based hardware to monitor all factors affecting agricultural production such as soil, air, light, plant and pest development; by connecting to external source systems such as satellite and radar, it enables farmers, food companies and public institutions to make all their strategic decisions based on information with cloud-based artificial intelligence algorithms.
In addition to technology development, Doktar also focuses on ensuring that these technologies create a sustainability impact in the field, and develops field applications for leading food companies, ensuring that targets such as water saving, carbon sequestration, residue reduction, productivity increase and soil restoration are achieved.
Source: Egirisim / Prepared by Irem Yildiz