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Cambridge-Based Petmedix Bags £27M Funding To Revolutionise Pet Healthcare

Sep 08, 2021almost 4 years ago

Amount Raised

£27 Million

Cambridge

Description

While we’ve managed to come up with ways to improve drug discovery and cure our own ailments, there’s been notably less headway for our pets. However, the Cambridge based startup PetMedix is working hard to develop new ways to invent drugs that can help relieve ailments for our pet companions. The company has now raised a notable £27 million in its series B funding round.

Company Information

Company

Pet Medix

Location

Cambridge, Maryland, United States

About

The startup says this latest funding round will enable it to go from an R&D-stage to a clinical-stage international organisation. The company is developing the first, fully species-specific therapeutic antibodies for dogs and cats. To reach this point, the startup had to face its fair share of challenges.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech