Pet Tech Industry News
SoftBank invests $48 million a Brazilian Pet ECommerce Site
Despite its problems with Wag, SoftBank has not given up investing in the pet sector.SoftBank announced this week that it was investing $48 million in the online pet retailer Petlove. The funds will help accelerate Petlove's growth amid higher demand for...
Vetted Shuts Down
Vetted Petcare, a Los Angeles-based pet health company shut down last week. The company provided veterinarians for in-home care and also delivered video triage, Vetted had received $3.3 million in seed funding in 2017. After receiving the...
Cuss Collar Translates Barks into Curses
The Cuss Collar is a new dog collar that translates a dog's barks into curse words. For each bark, the device will emit a cuss word, like the f-bomb, bullshit, or similar. The $60 collar is so popular that it is sold out. The company behind...
Pet Plate Closes $9 million Series A
Pet food startups continue to rake in the capital. Pet Plate, a NY-based pet food subscription service, secured $9 million in series A funding. The round was led by DFE Capital Management and 301 INC, the venture capital arm of General Mills....
RIP Mousr
Pet tech is tough. Mousr, an app-controlled robotic cat toy that boasted it could see and react to a cat's movements just like real prey, has been discontinued. Petronics (also know as Sprite Robotics), the Illinois company that created Mousr,...
Furbo Sued for Patent Infringement
Tomofun, the manufacturer of the popular Furbo pet camera, has been sued for allegedly infringing on a patent for an interactive pet camera. The lawsuit was brought by DoggyPhone LLC, a Bellevue, Washington company, that claims it has a patent...
TeleVet scores $2 million
The telehealth market is heating up. Austin-based TeleVet received $2 million in a seed funding round. Televet makes a communications platform that allows vets to talk to customers by text, voice or video chat. It markets the platform to...
Litter Robot Secures $31 Million
AutoPets, the manufacturer of the Litter Robot smart cat litter box received $31 million in equity financing from Chicago-based Pondera Holdings. The capital infusion will be used to fuel expansion and to provide a payout to its founders, Brad...
Animal-Free Pet Food Company Raises $1.2 Million
Boulder-based Bond Pet Foods announced that they have secured $1.2 million in seed funding. Because the company is still in development mode, they plan to use the funds to develop its first consumer product. Bond is creating pet food that is...