The Ukrainian startup Petcube, specializing in smart gadgets for pet owners, attracted 10 million dollars of investment during the next round of financing, EP reports quoting Itc.ua.
The venture funds Almaz Capital, AVentures and the famous business incubator Y Combinator, which previously already invested in Petcube’s development, became the main investors. Detailed data on the amount of investments of each investor are not disclosed.
Petcube plans to spend the obtained funds on the development of new products, advertising and expanding the distribution channels in North America and the global market.
It should be reminded that in summer 2016, Petcube gathered 200 thousand for 15 days at Kickstarter.
In summer 2017, Petbot, the Canadian company, which sells video cameras, fitted with a pet feeding device, purchased Petcube, which sells the same-name cameras for remote entertainment and pet care.
As of today, it is one of the most successful Ukrainian startups.
