British startup Butternut Box, an innovator in contemporary pet food, right now introduced the profitable completion of a debt financing of €75 million+ from Liquidity.
This new funding will allow Butternut Field to solidify its market place in Europe with the event of a second manufacturing facility in Poland, furthering its mission to ship well being and happiness to canine all over the place by the advantages of contemporary meals.
“Our mission has all the time been to get extra canine consuming the contemporary meals they deserve,” stated Kevin Glynn, Co-founder of Butternut Field. “Partnering with Liquidity will assist us proceed that mission by guaranteeing we’re nicely positioned to assist our present markets, while serving to to ship well being and happiness to much more canine throughout Europe.”
Based in 2016 by Kevin Glynn and David Nolan, Butternut’s mission is to ship well being and happiness to “canine and their people all around the world“. The 2 began the corporate after seeing the advantages that home-cooked meals had on Nolan’s rescue canine, Rudie.
All meals are reportedly made with human-quality meat and greens, gently cooked to create easy, tasty and full meals, and created with the best stability of nutritional vitamins and minerals for canine of all ages.
Dedicated to altering the canine world for good, Butternut Field is one in every of solely a handful of B Corp pet meals manufacturers within the UK, and solely two within the manufacturing area. For each new canine that indicators up, Butternut Field donates a meal to a canine in want.
Butternut Field operates throughout the UK, Eire, the Netherlands, Belgium, Germany and Poland, with additional growth plans underway. In 2024, the corporate additionally started feeding cats, with the launch of a Recent cat meals model in Marro. Since inception, Butternut Field has raised over €451 million, having most lately acquired a €332 million funding from Basic Atlantic and L Catterton.
The partnership with Butternut Field marks Liquidity’s tenth important transaction in Europe over the previous 12 months, as a part of an expansive portfolio of alternatives the agency is at the moment figuring out throughout the area.
“Butternut Field has established itself as a contemporary pet meals chief by an unwavering dedication to high quality, innovation, and progress,” stated Ron Daniel, Co-founder & CEO of Liquidity. “Liquidity is the perfect accomplice for late-stage startups needing quick, versatile and non-dilutive entry to capital. As such, we’re proud to assist Butternut Field as they enhance market share by increasing manufacturing capability in EMEA in assist of continued progress.”
