Petcube attracts additional USD 10mln of investment

Petcube attracts additional USD 10mln of investment

Almaz Capital, AVentures and Y Combinator participated in the investment round for the startup aiming at pet owners

Petcube closed its next investment round for USD 10mln. The raised funds will be channeled into development of new features and products, marketing and sales in North America and other world markets too. As of present, the world market of pet care amounts to USD 110bn with the projected increase of up to USD 128bn until 2022.

Petcube offers interactive cameras for playing with pets remotely and also it provides feeder dispensers that can be operated via Internet. The products are made for pet owners who cannot afford staying with pets during a day or those who care for pets with special needs. Petcube sold more than 100 000 gadgets and their owners make contacts with pets 8times a week on average talking and playing with animals around 50minutes a week.

Petcube attracts additional USD 10mln of investment

Petcube can be purchased in more than 5 000 selling points in North America, Europe and Asia Pacific regions, as well as online at Petcube.com or Amazon.

Petcube became famous after Kickstarter crowdfunding campaign back in 2013.

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