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TLDR:
- Ani.VC launched a $35M early-stage venture fund for pet startups in Miami and New York.
- The fund aims to invest in pet product and service innovations, focusing on areas like veterinary health, nutrition, and pet longevity.
Ani.VC, a new early-stage venture fund, has recently been launched with a focus on pet product and service innovations. The fund, based in Miami and New York, plans to deploy $35 million over the next three years, targeting the $540+ billion pet and animal health market. With the pet spending predicted to reach $195.6 billion by 2030 in the US alone, Ani.VC sees a significant opportunity in this sector.
Specializing in areas such as veterinary health, therapeutics and technologies, nutrition, and consumables, Ani.VC plans to invest in seed to Series A deals. Their inaugural investment is in DOG PPL, a canine social club that prioritizes dog and human health, expanding its operations from Los Angeles to New York City. This investment aligns with Ani.VC’s mission to elevate the lives of pets and pet parents through innovative solutions.
The fund was founded by Garri Zmudze, a veteran longevity and biotech investor, and Warren Rickard, former Head of Strategy at Basepaws. Julie Liu, a healthcare and tech investor, is also a partner in the fund. Ani.VC is particularly interested in investing in animal longevity, digital solutions for pet health monitoring, and innovations in pet nutrition and diagnostics.
With a strong focus on bringing advancements in human longevity to the pet care industry, Ani.VC aims to connect the pet ecosystem with marketplaces for various services like pet sitters and groomers. The fund’s strategic approach and emphasis on innovation make it a key player in the growing pet industry landscape.
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