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KC

Kreos Capital

Venture Capital

Portfolio

3

companies


Portfolio companies

KatKin

KatKin

KatKin provides fresh, personalised nutrition and health services designed specifically for cats.

HungryPanda

HungryPanda

HungryPanda operates an international food delivery platform focused on Asian cuisine.

Butternut Box

Butternut Box

Butternut Box supplies fresh, human-grade dog food through a digital-first subscription service.


Recent investments

Series A
£18.6M

The Series A round was led by Verlinvest and Perwyn to support international expansion and scientific research.

"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
Series D+
£98.0M

Perwyn led the financing round alongside backers including Kinnevik, 83North and Felix Capital.

"HungryPanda has achieved exceptional growth over the last four years. We now have the ability and experience to launch and operate in new cities in just two weeks and have established ourselves as the market leader due to our laser focus on developing the best service and providing high-quality products for our customers."
— Eric Liu, Founder and CEO
Series B
£15.0M

The round was led by Five Seasons Ventures and White Star Capital, with capital directed towards new markets and product development.

"Last year we were actively searching for a pet food investment opportunity around two key trends: the humanisation of pets and the increasing shift towards natural food, with the connected premiumisation of the overall experience. The team at Butternut Box was spot on in terms of their product positioning, their direct-to-consumer model and strong commercial traction. This is one of the strongest teams we have seen in foodtech in Europe over the last few years: we had to back them"
— Ivan Farneti, Managing Partner