Butternut Box Secures £354M Investment for Canine Cuisine Subscription Service
U.K.-based startup Butternut Box, which offers healthy food and supplements for dogs, is raising £280 million ($354 million) in funding from General Atlantic and L Catterton. The company, which already serves several European markets, plans to use the funds to expand further into Europe. With the pet food market valued at $100 billion in 2022, Butternut Box aims to address the issue of pet obesity by providing customizable dog-friendly meals and snacks through a subscription service. The funding round reflects the strong market demand for pet-related products and services.