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Petcube secures $10M in Series A to keep people connected to their pets
Hannah DeTavis
Petcube combines smart pet devices with algorithms to connect pet owners with their pets remotely
Petcube combines smart pet devices with algorithms to connect people with their pets remotely. Source: Petcube

Connected pet company Petcube (HAX 03) has raised a $10M Series A funding round led by Almaz Capital, AVentures, and Y Combinator with participation from other investors.

Petcube strives to create a connected pet ecosystem that includes pet cameras and treat dispensers. These products connect people to their pets by remotely allowing owners to see, talk, treat, and play with their pets.

“Five years from now, nearly 40 million pet households will use a connected pet device. That’s half of the US pet population,” said CEO and co-founder Yaroslav Azhnyuk in a press release on the Series A. “We are committed to driving innovation for this large and growing community, by designing products that enable pet parents to give their pets the best, while also ensuring their health, wellness and safety.”

Petcube plans to invest the new funding in product development, marketing, and sales distribution in North America and beyond.

The Wall Street Journal also covered the news here.