AlphaPet Ventures Raises €13M in Funding

AlphaPet Ventures, a Munich, Germany-based pet food company, raised €13m in funding.

Backers included:
– Heliad Equity Partners, Venturestars, Reimann Investors and Mountain Partners, which provided a €10m equity investment, and
– Deutsche Handelsbank, which provided up the extra €3m in working capital.

The company will use the funds to continue to expand operations.

Alphapet Ventures provides a wide range of high quality food, accessories and services for dogs, cats, fish and horses. via its brands ePetworld, pets Premium, Katzenland, and Linentausch. At present, the company has a team of more than 70 employees.

FinSMEs

05/06/2017

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