Doroth raises $4.5M round led by Loccus
Brazilian deeptech Doroth raised a $4.5M round led by Loccus. Founded in 2019 and based in Piracicaba, Brazil,… The post Doroth raises $4.5M round led by Loccus appeared first on LatamList .
Brazilian deeptech company Doroth has successfully raised a $4.5 million round of funding, with the lead investor being Loccus. Established in 2019 and headquartered in Piracicaba, Brazil, Doroth specializes in lab on a chip platforms designed for molecular diagnostics. These innovative devices streamline various processes, including sample preparation, genetic material extraction, amplification, and analysis.
Doroth's primary focus lies within the agribusiness sector, where its technology excels at detecting pathogens, microorganisms, genetically modified organisms, and resistance genes in a range of agricultural products such as leaves, seeds, grains, milk, and meat. Furthermore, Doroth's capabilities extend to identifying infectious agents in insect vectors like the corn leafhopper and Aedes aegypti.
With the newly acquired funding, Doroth plans to bolster its research, development, and production capacities. This strategic partnership between Doroth's expertise in research and product development, coupled with Loccus' extensive manufacturing, distribution, regulatory, and industrial infrastructure, is set to propel the company towards even greater success.
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