AnimalBiome: Raises $8.6M in Series A Funding

AnimalBiome Raises $8.6M in Series A Funding

  • AnimalBiome, an Oakland, Calif.-based, science-powered animal health company, raised $8.6m in Series A funding
  • The round was led by Cargill. Additional investors include SOSV (IndieBio) along with Moai Capital, Digitalis Ventures, Michelson Found Animal Foundation, and R/GA Ventures
  • The company intends to use the funds to accelerate growth and create new microbial cocktails for companion animals
  • The company uses science to access, restore, and maintain the gut health of cats and dogs
  • The company also uses its proprietary pet microbiome platform to design new supplements to manipulate and support healthy microbiomes
  • The investment enables the company to create new microbial cocktails for cats and dogs with chronic digestive disorders and skin conditions
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Klarna Stock Tumbles After Disappointing Q4 Results

Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4...

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...