Ag Tech Startup Doktar Secures Investment Led by Diffusion Capital Partners

Doktar Technologies, which specializes in developing comprehensive technologies that drive digital transformation in the agriculture and food industries, has successfully concluded its Series A investment round.

Diffusion Capital Partners (DCP) took the lead in the investment round, joined by individual investors and Credia Partners, a pre-existing company investor.

Advertisement

Thanks to this new investment, Doktar plans to grow its international operations and broaden the use of its products, which are currently in use in over 17 countries. The company, already active in Greece, Spain, and Romania, aims to expand its presence to Southern Europe and North Africa.

Established in 2017 by Tanzer Bilgen and Selim Uçer, Doktar develops Internet of Things-based hardware for monitoring crucial agricultural factors like soil quality, air conditions, light levels, plant growth, and pest development. Providing a platform that empowers farmers, food companies, and public institutions to make data-driven decisions, Doktar leverages cloud-based artificial intelligence algorithms that connect to external data sources, such as satellites and radar systems.

Apart from technological innovations, Doktar also focuses on the sustainability implications of their solutions within the agricultural sector and develops on-field applications in collaboration with prominent food companies to help accomplish and measure objectives such as conserving water, sequestering carbon, reducing residues, boosting yields, and restoring soil health.

Top Articles
The Sustainability Consortium Launches Free Commodity Mapping Platform

0

Leave a Reply