Petnet Secures $4M in Venture Capital Funding

petnetPetnet, a Los Angeles, CA-based connected pet device company, secured $4m in funding.

Backers included Black River Ventures, Aspiration Growth, iRobot and Amazon Alexa Fund.

The company intends to use the funds to build out its digital supply chain ecosystem, and commercialize its SmartFeeder technology.

Led by Carlos Herrera, CEO, Petnet provides a pet feeding platform which leverages artificial intelligence, robotics, sensors, and networks.
The company’s first product, the SmartFeeder, learns about the pet’s age, weight and level of activity and autonomously creates a profile of the pet’s caloric nutritional needs. It also keeps track of food supply to preemptively order food from suppliers.

FinSMEs

26/10/2015

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