perth, australia– Pet-based startup wins additional funding and support from Purina in annual competition
Orlando, Florida, March 21, 2024 /PRNewswire/ — VetChip has been named the 2024 Pet Care Innovation Award Grand Prize Winner; $25,000 You also have access to support from Purina pet care experts. VetChip was one of five pet care startups in the United States. Canadaand Australia We pitched our business to pet industry influencers and investors at the pet care industry's largest trade show, Global Pet Expo. The biotechnology company is focused on improving the health and welfare of animals through pioneering technology that monitors, analyzes and detects health problems in pets. VetChip is embedded to collect data and alert pet owners through the app when potential problems or signs of illness or injury are detected, allowing for faster diagnosis and treatment.
VetChip Wins 2024 Purina Pet Care Innovation Award
“We are thrilled that our innovative biosensor work has been recognized through the 2024 Pet Care Innovation Awards,” said VetChip co-founder. garnet hall, D.V.M. “This award will help open up a world of possibilities for proactive animal health care, including welfare monitoring, nutritional support, and disease detection.The time I spent with the Purina team was extremely rewarding and the research It will be very helpful in accelerating development efforts.”
VetChip was selected by a panel of judges that included investors, industry experts, and Purina executives. In January, five startups were selected from approximately 150 companies to participate in the 2024 class of the Pet Care Innovation Awards. Each award winner received: $25,000 Earn cash and participate in bootcamp accelerator experiences with business experts, industry leaders, veterinarians, and Purina executives to expand your network, strengthen your business plan, and gain knowledge from across the pet care world. The 2024 Class of Pet Care Innovation Award winners represent some of the best innovation happening in the world. $136.8 billion*Pet care industry.
Other 2024 Pet Care Innovation Award winners include:
melbourne, floridaBased on SwiftPaws (https://swiftpaws.com) We make playful products to exercise and entertain your pet. Best known for our American-made lure coursing kits, the SwiftPaws team is dedicated to the mental and physical health of pets and the people who love them. SwiftPaws was featured on Shark Tank in his 2022 year.
Kansas City, Missouri-Base of BestyBnB (https://bestybnb.com) We bridge the gap between human social services and animal welfare organizations by securing safe temporary housing for the pets of clients with difficult circumstances who are unable to care for them. BestyBnB creates and enhances crisis care and safety net pet programs for organizations serving people in crisis, so clients can seek care and know their pets are safe. We support.
Chicago, Illinois-Based Arch Pet Food (https:/archpetfood.com) offers food allergen-friendly, nutritious and sustainable protein alternative pet treats and foods. Arch accomplishes this by utilizing superfoods like microalgae, insect protein, and exotic fish as key ingredients.
vancouver, canada-Base of Lier Cat (https:/ryercat.com) The company wants to redefine your cat's oral health with toothbrushes and dental lines designed specifically for your cat's anatomy. Like many cat owners, the founders of RYERCAT struggled to brush their cat's teeth. This inspired us to develop better dental solutions to improve the brushing experience for cats and their owners.
“Each of the award recipients brought a tremendous amount of passion to this program, and we are extremely impressed with VetChip and the entire class of 2024. “This is a highlight for us and allows us to support the growth of an entrepreneurial pet care network, bringing even more solutions to the industry that improve the lives of pets and their owners.” bill brownco-leader of Purina's 9 Square Ventures division and vice president of M&A and corporate ventures at Purina.
The Pet Care Innovation Award recognizes early-stage pet care companies currently on the market with innovative businesses that address the needs of pets and pet owners in areas such as pet health and wellness, services, technology, food, and treats. It was created to support and connect startups. rubbish. The Pet Care Innovation Award is a joint venture between Purina's 9 Square Ventures division and impact investor Her Active Capital. Past Pet Care Innovation Award winners have raised millions of dollars in equity and prizes from investors and accelerator programs across the United States. Several startups have successfully acquired or appeared on Shark His Tank, a reality TV series in which contestants try to convince one of their business partners to do his business. Sharks invest money in their ideas.
Purina's corporate venture group, 9 Square Ventures, has focused on connecting pet care startups since 2014. The team's mission is to leverage Purina's knowledge, experience, and financial resources to help emerging pet care startups build, scale, and generate profits. Impact the lives of as many pets and their owners as possible.
For more information about the Pet Care Innovation Program, please visit PetCareInnovation.net.
*American Pet Products Association
About 9 Square Ventures:
9-Square Ventures is the corporate venture arm of Nestlé Purina Petcare focused on investing in emerging pet food and snack brands. We also evaluate other pet care businesses and advanced food technologies.
About Active Capital:
Active Capital is a St. Louis-based impact investing leader that helps startups and investors collaborate to grow innovative products and initiatives. Active Capital runs the Pet Care Innovation Awards.
About Purina:
Nestlé Purina Pet Care creates richer lives for pets and the people who love them. Founded in 1894, Purina has been helping dogs and cats live longer, healthier lives by providing science-based nutritional innovations. Purina makes some of the world's most trusted and popular pet care products, including Purina ONE, Pro Plan, Fancy Feast, and Tidy Cats. Our more than 10,000 employees in the U.S. take pride in our trusted pet food, treat and litter brands that feed 46 million dogs and 68 million cats each year. have. More than 500 Purina scientists, veterinarians and pet care experts ensure our commitment to unparalleled quality and nutrition.
Purina promotes responsible pet care through scientific research, products and support for pet organizations. Over the past five years, Purina has contributed more than: $150 million For organizations that connect and sustain people and pets, and that help our communities and environments thrive.
Purina is part of Nestlé, a global leader in nutrition, health and wellness. For more information, visit purina.com or subscribe here for the latest Her Purina news.
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