Vetreska, a Chinese pet lifestyle brand, closed a $20M Series B financing round.
The round was led by ClearVue Partners, a consumer sector focused private equity fund.
The company intends to use the funds to accelerate growth and boost both brand building and international market expansion.
Founded in 2017 by Donald Kng, a “Forbes Asia 30 under 30” awardee, Vetreska is a pet lifestyle brand targeting millennial and Gen Z consumers in China. The company has established a comprehensive distribution network with over 40,000+ pet stores in 33 provinces across the country.