Ani.VC Launches a Fund for Pets and First Investment in DOG PPL
2024年7月17日 - 10:54PM
ビジネスワイヤ(英語)
Early-stage fund will back pet longevity, health,
nutrition/consumables and services like DOG PPL’s bicoastal canine
social club
Today Ani.VC, an early-stage venture fund for pets, launched
with its inaugural investment into DOG PPL, a canine social club.
The independent fund is focused on the $540+ billion pet and animal
health market. It will deploy $35 million over the next three years
into companies across the United States, Europe, and Asia.
DOG PPL is an explosively popular dog park-meets-social-club
that will soon open in New York to complement its Los Angeles
location. DOG PPL prioritizes dog and human health, vetting its
canine members’ shot and vaccination status as well as
temperament.
“Our pets are part of the family. Since humans already have
access to modern telemedicine and testing, wellbeing-oriented
social clubs, and longevity-focused care, among other advancements,
their animal family members should too,” said Garri Zmudze,
co-founder of Ani.VC. “Alongside DOG PPL, the investments Ani.VC
will make will meet this singular goal to elevate the lives of pets
and pet parents. We look forward to pursuing the worthwhile cause
of improving human and animal health.”
“The DOG PPL team is thrilled to call Ani.VC our partner. Our
core focus is fostering enrichment and community between dogs and
their owners, making Ani.VC an ideal partner for this mission. It
was essential for us to align with a team that recognizes not only
the immeasurable value our animals bring into our lives, but also
our duty to give them the best life experiences possible,” said
Liam Underwood and Alexander Esguerra, co-founders of DOG PPL.
Pet spending in the US alone is predicted to grow to $195.6
billion by 2030 (source). Key market segments include animal
longevity, pet health, therapeutics and veterinary services,
consumables, digital services and e-commerce, and animal
health.
The fund was founded in 2024 by veteran longevity and biotech
investor, Garri Zmudze, and Warren Rickard, former Head of Strategy
at Basepaws. It is advised by leading animal aging researcher Dr.
Matt Kaeberlein, Active Capital co-founder Jay DeLong (who also
leads Nestlé-Purina’s PetCare Innovation Prize), and veterinarian
Caroline Heller who also serves as Rumin8’s Head of Animal Health
Strategy & Business Development. Julie Liu joins as a
partner.
Read the full press release here.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240715191759/en/
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