Doroth raises $4.5M financing led by Loccus
Doroth raised $4.5 million in financing led by Loccus in September.
The financing combines private capital with FINEP and FAPESP public support, with the exact split undisclosed. The company plans more research and development and greater production capacity.
Loccus brings molecular-diagnostics manufacturing, regulatory and distribution experience to the partnership, providing infrastructure for wider agricultural and food-testing applications.
Use of funds
Expand R&D
Increase production capacity