This was co-led by Catalyst Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and the Cibus Capital LLP.
Spearheading this latest funding effort are SPI fund (Sociétés de Projets Industriels) and French Tech Seed, both managed by Bpifrance (Banque Publique d'Investissement) on behalf of the French government. Astanor Ventures, Redalpine, Newfund, and VERSO Capital also joined in this round.
A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.
September 14, 2023
A wider-than-expected first quarter loss was experienced because of high input costs, inflation and supply and demand imbalances, impacting performance in all units.
In 2021, the American Pet Products Association reported that “pet parents” in the U.S. spent $50 million on pet food and treats. Not surprisingly, Frost and Sullivan predicts that the pet food industry will grow by 6.6% annually until 2026.