Doktar, a Turkish startup, received investment. The Turkish startup develops solutions for the digital transformation of the agriculture and food industry. It received investment under the leadership of Diffusion Capital Partners in the A series investment round. Apart from Diffusion Capital Partners, individual investors and Credia Ventures, one of the company's existing investors, also participated in the investment round. No information was shared regarding the financial details of Doktar's A series investment round.
According to the information provided by Doktar, how will the new investment be used? It will be used to strengthen the company's international organisation in order to increase the global penetration of its products, which are currently used in more than 17 countries. The startup operates in the markets of Greece, Spain and Romania. With this investment, Doktar aims to cover all of Southern Europe and North Africa.
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Digital Transformation in Agriculture
The Turkish startup was founded in 2017 by Tanzer Bilgen and Selim Uçer. Doktar develops Internet of Things-based hardware for monitoring all factors that are effective in agricultural production such as soil, air, light, plant and pest development. Doktar's hardware products can also be connected to external source systems such as satellite and radar. Thanks to its cloud-based artificial intelligence algorithms, Doktar helps farmers, food companies and public institutions make informed strategic decisions.
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