Venture Capital: UK-Based Pet Food Startup Butternut Box Lands $351M Funding

September 6, 2023 | Latest News, News, Venture Capital

Butternut Box intends to expand its European market as well as develop a new manufacturing facility.

Butternut Box, the UK-based fresh dog food company, has successfully secured a £280 million investment in its latest funding round. This funding comes from General Atlantic, a prominent global growth equity firm, as well as existing investor L Catterton, a consumer-focused investment firm. The goal of this investment is to expand Butternut Box’s presence in Europe and continue its mission of providing fresh, delicious, and healthy meals to dogs worldwide.

Butternut Box is the largest fresh dog food brand in Europe, serving dogs in various countries, including the UK, Ireland, the Netherlands, Belgium, and Poland (following its acquisition of PsiBufet). Since its establishment in 2016, Butternut Box has raised over £100 million in investments.

This new funding will be utilized to further enhance its position in the Fresh pet food category, focusing on European expansion and the development of a new manufacturing facility in Europe. (Businesswire)

Kevin Glynn, co-founder of Butternut Box, said the investment would benefit both dogs and humans by enabling continued innovation and growth.

David Nolan, co-founder of Butternut Box, said the company’s mission was to bring health and happiness to dogs everywhere.

Melis Kahya Akar, Managing Director and Head of Consumer for EMEA at General Atlantic said there was an immense growth opportunity across the Fresh pet food category in EMEA, and Butternut Box was well positioned to leverage it through its digitally enabled business model.

Related Story:  Let AI Take Over The Painful Job Of Training Your Dog

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Digital Assets: 1% Of Chileans Sign Up For Worldcoin; Rush Seen In Argentina, Too
September 28, 2023     Digital Assets, News

Worldcoin, the innovative biometric wallet and ID project, is making significant waves in Chile as it surpasses a remarkable milestone. The organization has reported that over 200,000 Chileans have embraced…
FinTech: Atom Bank And Kamma To Partner For Greening UK Mortgage Assets
September 28, 2023     ESG and Sustainability, FinTech, News, Real Estate

Atom bank and Kamma have formed a significant partnership aimed at addressing the pressing concerns of climate change. This collaboration brings together Atom bank’s cutting-edge banking technology with Kamma’s climate…
Venture Capital: Slope, A B2B Solutions Provider Backed By Sam Altman, Scores $30M Funding

Slope, a two-year-old AI startup based in San Francisco, has secured a substantial $30 million equity round led by Union Square Ventures and featuring participation from OpenAI’s CEO, Sam Altman….
Artificial Intelligence: Palantir Awarded $250M Contract By US Department Of Defense For AI R&D
September 28, 2023     Artificial Intelligence, Latest News, News

Palantir Technologies Inc. (NYSE: PLTR) has secured a significant contract worth $250 million with the US Defense Department. The primary focus of this contract is the research and development of…