Ani.VC Launches $35M Venture Fund to Revolutionize the Pet Industry
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A Revolution in Pet Industry: Ani.VC Launches $35M Venture Fund
In a groundbreaking move set to reshape the pet ecosystem, Ani.VC, an innovative early-stage venture fund dedicated exclusively to pets, has formally launched. This ambitious initiative is equipped with an initial investment of $35 million over the next three years, med at funding ventures across the United States, Europe, and Asia within the expansive $540 billion global pet healthcare market.
Garri Zmudze, a co-founder of Ani.VC, underscores the fund's mission to enhance both pets' lives and their owners': Our pets are integral members of our families. Given that s have access to modern-day advancements like telemedicine, testing for well-being, social clubs centered on health, among others, it only makes sense that we ext these benefits to our animal companions too, he states. Partnering with ventures like DOG PPL, Ani.VC will continue to pursue the primary goal of elevating the quality of life for pets and their caregivers.
DOG PPL, the fund's first investment, embodies this mission perfectly. This pioneering canine social club prioritizes health and wellness by rigorously screening its canine members' vaccination status and temperament before welcoming them into its community. Its success in Los Angeles has sparked anticipation for its expansion to New York City.
Liam Underwood and Alexander Esguerra, the founders of DOG PPL, affirm Ani.VC's pivotal role: We are excited to have Ani.VC as our partner, they state. Our mission is to enrich both canine happiness and bonding experiences; hence, aligning with an investor whose vision aligns with ours is crucial. It’s essential that we work alongside a team who recognizes not only the immense value pets bring into our lives but also their right to live life to the fullest.
Ani.VC's investments will span various sectors including:
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Longevity and health of animals
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Pet healthcare services veterinary practices
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Products for pet consumption food, accessories
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Digital services such as e-commerce platforms catering to pets
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Animal welfare technology
The total sping on pets in the U.S. alone is forecasted to soar to $195.6 billion by 2030, underscoring the immense potential and demand for innovation within this sector.
Ani.VC was founded in collaboration between veteran longevity investor Garri Zmudze and Warren Rickard, a former Head of Strategy at Basepaws. This fund is advised by eminent figures like Dr. Matt Kaeberlein, a renowned expert on aging research; Jay DeLong, co-founder of Active Capital and a leader behind Nestle-Purina’s PetCare Innovation Prize; and Caroline Heller, Rumin8's Head of Animal Health Strategy Business Development. Julie Liu joins as a partner.
The launch of Ani.VC signifies an essential milestone in the pet health industry, reflecting growing recognition of animal welfare and health needs. Through strategic investments and collaborations, this fund is poised to make a lasting impact on pets' and owners' lives, driving towards healthier, happier futures for all.
For more information, visit www.anivc.comhttp:www.anivc.com or contact us at [email protected].
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Ani.VC $35M Pet Venture Fund Launch Global Pets Healthcare Market Expansion DOG PPL: Pioneering Canine Social Club Telemedicine for Pets and Owners Pet Health Services Investment Focus Innovation in Animal Welfare Technology