IoT solutions provider for poultry farmers Denvik raises investment from CI Hub

Denvik Technology, a Chennai-based provider of IoT solutions to poultry farmers has raised a strategic investment round led by CI Hub. The investment will be used by Denvik to expand its customer base for industrial IoT solutions further in Europe and the MENA (Middle East, North Africa) region, scale the team and accelerate market adoption of IoT-driven smart solutions for the global poultry farming market. Founded in 2007, Denvik Technology was incubated by the Crescent Innovation Incubation Council (CIIC), the incubation arm of Crescent Institute of Science and Technology.