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 made from meat protein, but with no animal killed in the process. My understanding is they are attempting to take an animal cell, clone it, and then mix it with nutrients to create a healthy pet food.
Their closest competitor is Wild Earth. Wild Earth creates a protein-rich pet food from Koji, a fungus used in soy sauce, sake and other fermented foods.
The funding round was led by Lever VC, a venture capital fund that invests in companies focusing on alternative protein sources.