Firstvet announced a $35 million funding round led by Mubadala Capital.

Firstvet, a Stockholm, Sweden-based digital provider of veterinary services, announced securing a funding round of SEK 300M ($35M).

The money was raised from investors led by Mubadala Capital and included new backer Cathay Innovation, which will join two existing financiers, OMERS Ventures and Creandum.

Proceeds will be used for expanding operations in the United States. FirstVet already has an operational team of 14 employees in place in the USA and is currently in a beta launch. The service will be available around the clock for pet owners in all 50 states.

FirstVet, founded in 2016 as a spinoff from Vetzoo by CEO David Prien, Per Victor, Joakim Widigs and Lars Martin Norviit, built an online paltform for video medical consulations for pets owners. The digital veterinary clinic is serviced by licensed veterinarians, and provides services in Sweden, Norway, Denmark, Finland, the United Kingdom and Germany. The company, which employs 55 people and 250 veterinarians, also offers free calls to a veterinarian in collaboration with 8 of 9 insurance companies in the Swedish market.

Firstvet also intends to launch an e-commerce operation, with a range of products including  veterinary feed and care products from leading brands. The new e-commerce will be an extension of the company's various video services in veterinary care and wellness for pets.

Firstvet previously raised almost $27 million last round at the end of 2019, of $20.5M.