Cotcast Secures Funding with DCT Trading and Angel Investors in Investment Round
Deal News | Jan 21, 2025 | CEE Legal Matters
Sadik & Capan, a legal advisory firm, has played a crucial role in guiding Cotcast through a successful investment round. Cotcast, known for its AI-driven platform that provides advance predictions for cotton contract prices in the futures market, attracted investments from DCT Trading and angel investors. The legal team from Sadik & Capan was led by Managing Partners Serra Sadik Hiziroglu and Nazli Tonuk Capan, with contributions from Associate Seda Koprulu and Legal Intern Ethem Dogan. This investment round signifies a growing interest and confidence in Cotcast's innovative approach to the cotton futures market.
Sectors
- Artificial Intelligence
- Agriculture and Commodities Trading
- Legal Services
Geography
- Turkey – The article focuses on Cotcast, a Turkish company, signifying the relevance of Turkey in the context of the investment and market operations.
Industry
- Artificial Intelligence – The article discusses Cotcast, a platform using AI to predict cotton contract prices, indicating the relevance of the AI industry.
- Agriculture and Commodities Trading – Cotcast focuses on predictions for cotton prices in the futures market, highlighting its role within agriculture and commodities trading.
- Legal Services – Sadik & Capan is featured as a legal advisor in the investment round, representing the legal services industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cotcast | Target Company | Company | Cotcast is an AI-driven platform based in Turkey that provides predictions for cotton contract prices in the futures market. |
| DCT Trading | Investor | Company | DCT Trading is one of the investing parties in Cotcast's recent investment round. |
| Sadik & Capan | Legal Advisor | Company | Sadik & Capan is the legal advisory firm that assisted Cotcast during the investment round. |
| Serra Sadik Hiziroglu | Managing Partner | Person | Serra Sadik Hiziroglu is a Managing Partner at Sadik & Capan involved in advising Cotcast. |
| Nazli Tonuk Capan | Managing Partner | Person | Nazli Tonuk Capan is a Managing Partner at Sadik & Capan involved in advising Cotcast. |
| Seda Koprulu | Associate | Person | Seda Koprulu is an Associate at Sadik & Capan involved in advising Cotcast. |
| Ethem Dogan | Legal Intern | Person | Ethem Dogan is a Legal Intern at Sadik & Capan involved in advising Cotcast. |