- Doktar, a startup focusing on the digital transformation of the agriculture and food industry, has secured an investment in its Series A funding round led by Diffusion Capital Partners.
- Financial details of the investment have not been disclosed.
- The new funding will strengthen Doktar’s international structure, aiming to increase the global penetration of its products, which are already in use in over 17 countries.
- Doktar plans to expand its operations to cover Southern Europe and North Africa.
- The company was founded in 2017 by Tanzer Bilgen and Selim Uçer and develops IoT-based hardware for monitoring various factors affecting agricultural production.
Doktar, a startup specializing in solutions for the digital transformation of the agriculture and food industry, has announced that it has secured an investment. Diffusion Capital Partners led the Series A funding round.
In addition to Diffusion Capital Partners, the company’s individual investors and existing investors, including Credia Ventures, also participated in the funding round.
Use of Funds
According to an article by Webrazzi, the new investment will be used to strengthen the company’s international structure. Doktar’s products are already in more than 17 countries, and the funding aims to increase global penetration. Specifically, the company plans to expand its reach to cover Southern Europe and North Africa. Currently, Doktar operates in markets like Greece, Spain, and Romania.