Pet Industry News
The deals, launches, and strategic moves behind the brands and operators shaping the industry.
Escalade Buys ASL Solutions, Betting on Pet Hard Goods
Escalade, the public sporting goods company behind Goalrilla and STIGA, has acquired ASL Solutions, a founder-owned manufacturer of insulated dog and cat houses. The deal, terms undisclosed, hands Escalade a rotational molding capability it didn't have before and marks its first move into pet hard goods.
The $1,700 Dog Ownership Gap: Why Regional Cost Data Should Shape Your Pricing Strategy
New MetLife data reveals a $1,700 gap in annual dog ownership costs between the cheapest and most expensive U.S. states. The surprise: services like dog walking, not products, drive the variance. Here's what that means for pet industry pricing strategy.
Royal Canin Launches AI Diagnostic Tool in Mexico, Showcasing Mars' Accelerator-to-Distribution Pipeline
Royal Canin is rolling out GekkoVet's AI-powered clinical decision support tool across Mexico, the partnership's first expansion into Latin America. The Finnish startup came through Mars Petcare's Leap Venture Studio accelerator, making this a case study in how the pet industry's largest company builds its vet tech stack from the inside out.
Pet Media Goes From Punchline to Platform
Pet media has evolved from novelty to legitimate business category, with DogTV posting 125% year-over-year growth, Create Music Group committing $10M to pet music, and Bark TV reaching 75% of US households. For operators, the infrastructure forming around pet content signals a category worth watching.
Loyal Raises $100M to Bring the First Canine Longevity Drug to Market
Loyal has raised $100 million in Series C funding led by age1, bringing total capital past $250 million. With two of three FDA requirements cleared for its lead drug LOY-002, the company is shifting from clinical development to commercial launch preparation, creating an entirely new drug category in veterinary medicine.
MOVA Pets Raises Series A to Build "Digital Twins" for Pets — Here's What That Means for Smart Pet Hardware
MOVA Pets raised a Series A led by Skyworks Venture Capital to scale its "digital twin" platform for pets. The Beijing-based company is betting that smart litter boxes and collars are just data collection devices — the real value is in the AI layer that turns pet health signals into actionable insights.
Snout Raises $110M to Finance Vet Bills as Pet Care Costs Surge
Snout has raised $110 million, $10M in Series A funding and $100M in debt financing, to scale its no-interest, no-credit-check wellness plans for veterinary care. The raise signals investor confidence in pet fintech as vet costs surge and traditional financing options leave many pet owners behind.