PetPlate Closes $9 Million Series A (pet food)
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.
To date, Pet Plate has served more than 9.2 million meals in 48 states and DC.
According to Packaged Facts, the $30 billion US pet food market is expected to grow 2.6% a year over the next five years.