Japhy to raise €7M from Capagro, Aglaé Ventures and business angels.
Japhy, a Paris, France-based dog food manufacturer and DTC seller, announced that it raised a €7M ($8.2M) capital investment round.
The money was raised from investors led by Capagro and including contributions from existing shareholder Aglaé Ventures and business angels.
Japhy, founded in 2017 by Thomas Chabrier and Francois Puigsarbe, produces and offers customised food for pets, based on personal data such as weight, breed, age, allergy, physical activity, etc. The food is offered against a subscription fee, and is produced in two French factories, in Mayenne and Castres.
Prior to this round, in 2019, Japhy raised €1M.