Move On Receives Investment Over 50 Million TL Valuation

Move On, which develops agricultural technologies, received investment at a valuation of 50 million TL. Founder of MOVE ON is Ömer Faruk KOÇ. My Company Partner Angel Investment Network, Lonca GSYF managed by KT Portföy, a subsidiary of Kuveyt Türk, and Technology Team Foundation of Turkey (T3 Foundation) participated in the investment round.

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Move On Introduces Its Technology Worldwide

MOVE ON was founded in 2018 by Ömer Faruk Koç, a farmer and computer engineer. The company started its work by obtaining its first patent and Minimum Viable Product (MVP) to develop kits integrated with cloud-based software to ensure the autonomy of tractors and digitalisation of agriculture with artificial intelligence. These studies were carried out in 2020.

Move On started sales of the kits in 2021 with the field studies that started in 2020. As of now, within the framework of Intellectual and Industrial Property Rights (IP) studies, it has a total of three patents, including a domestically registered patent, a patent pending domestic registration, and a global patent awarded at international invention fairs. In addition, the company has six trademark applications, three of which have been registered.

The startup was one of 50 Turkish startups that participated in CES, the world's largest electronics show, held in Las Vegas, USA in January 2023. This gave the company a chance to promote its technology worldwide.