# Kibus Petcare S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kibus-petcare-s-l

- Industry: Consumer Products
- Headquarters: Barcelona, Spain
- Website: www.kibuspetcare.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Oct 21, 2020)
- Investors on record: 4

## About

Based in Spain, Kibus Petcare S.L. specializes in developing innovative automated pet food solutions, enabling pet owners to provide fresh, home-cooked meals for their dogs with ease and efficiency.Kibus Petcare S.L. was founded in Barcelona, Spain, and focuses on creating automated pet food preparation systems. Albert Basas, the founder, has previously been involved in the pet care sector. The company has engaged in 2 deals, with its most recent funding round taking place on November 22, 2023, where it raised EUR 1 million from investor Inveready Asset Management, totaling EUR 1 million raised to date.Kibus Petcare specializes in the production and distribution of an automated pet food preparation system called the Kibus robot. This innovative device cooks fresh meals for dogs in under two minutes, designed for busy pet owners seeking nutritious home-cooked options. The Kibus system features a variety of recipes made from real, natural ingredients, ensuring high-quality nutrition without additives. Pet owners can manage feeding schedules and monitor nutrition through a mobile application. Kibus Petcare aims to cater to a broad customer base across Spain, Portugal, and other European markets.In 2022, Kibus Petcare generated revenue of EUR 56,061.70, with an EBITDA of EUR -188,490.90. The company utilizes a subscription model for revenue, offering the Kibus robot alongside regular food deliveries tailored to specific dietary needs, enhancing direct-to-consumer sales through personalized meal plans.On November 22, 2023, Kibus Petcare S.L. raised approximately EUR 1 million in venture funding from returning investor Easo Ventures, which will be used to support the company's growth, expand manpower, and attract new subscribers. The company plans to launch new products aimed at increasing market engagement and will focus on expanding its presence into additional European regions.

## Funding rounds

- Seed, Oct 21, 2020, $0.4M — Inveready Asset Management, EconomistesBAN, She1K, AccelGrow

## Investors

- Inveready Asset Management (https://capitalatlas.ai/funds/inveready-asset-management) — Seed
- EconomistesBAN — Seed
- She1K (https://capitalatlas.ai/funds/she1k) — Seed
- AccelGrow — Seed
