KatKin secures £18.6m Series A funding led by Verlinvest and Perwyn to expand manufacturing and research
The Series A round was led by Verlinvest and Perwyn to support international expansion and scientific research.
KatKin operates as a fresh food and pet healthtech platform offering tailored cat nutrition formulated by veterinary nutritionists. The company combines proprietary algorithms with direct delivery to supply portioned meals across the United Kingdom.
KatKin has secured £18.6m in Series A funding to expand its manufacturing operations and accelerate product development. The investment round was co-led by Verlinvest and Perwyn, with participation from Kreos Capital and returning backer Octopus Ventures.
The fresh-cooked cat food company will direct the capital towards scaling its manufacturing site, advancing scientific research into feline health conditions, and pursuing international expansion markets in 2023. The latest injection brings the total capital raised by the company to $28m.
Founded in 2019 by siblings Brett and Nikki O'Farrell, the business uses proprietary algorithms and vet-formulated recipes to deliver tailored meals directly to cat owners. The firm currently serves over 80,000 cats in the UK market.
From the founder
"KatKin began when Nikki and I questioned what we were feeding our cats Molly, Kiki and Columbus. The more we asked, the more horrified we were at what we found. So we gathered an ambitious, world-class team of people willing to stick their noses up at the cat food chain. Right now, mainstream cat food is stale – packed with cheap ingredients, hard-to-understand labels and fluffed-up claims. It’s difficult to find what’s best and customers are frustrated. In contrast, the demand is huge for KatKin – every six months we’re doubling in size and customer base. We’re grateful to Lopo and Cecile at Verlinvest and Andrew at Perwyn, and Kreos as well as for the continued support from Octopus and our angel investors. This support doesn’t just invest in our business but also the health and happiness of cats and cat parents."
Brett O'Farrell
Co-founder at KatKin
Investor perspective
"I am very excited to partner with Brett, Nikki and the KatKin team on their journey to revolutionise the pet food sector by offering healthy and fresh cat food at competitive prices. This is a sector that Verlinvest has been looking at for some time and KatKin is exactly the kind of innovative and disruptive brand that we love to support on its way to global leadership. Our cats deserve better."
Lopo Champalimaud
Board Director, Verlinvest
Use of funds
- 01Grow the team
- 02Continue product development
- 03Fund research and development
- 04Expand into international markets
- 05Scale operations
