# Lyka Pet Food

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lyka-pet-food-pty

- Industry: Consumer Products
- Headquarters: Australia
- Website: www.lyka.com.au/
- Total disclosed funding: $103M
- Latest round: Series C (Jan 31, 2026)
- Investors on record: 11

## About

Based in New South Wales, Australia, and Founded in 2018, Lyka Pet Food operates as a pet food manufacturer. The company was founded by its CEO Anna Podolsky and Head of Product Matthew Muir. In January 2026, Lyka Pet Food Pty Ltd raised USD 57 million in series C funding led by LGVP Management, with participation from StepStone and Shearwater Capital. 

Lyka Pet Food manufactures and sells portion-controlled, customized healthy foods for pet dogs, under its brand Lyka. The company sells its products through its e-commerce website for both a single-time purchase and on a monthly subscription basis. Lyka's website also allows its clients to select the ingredients and helps them to build a pet food box from scratch by making them fill an auto-generated list with their pet details such as breed, gender, and months/years. The company’s line of products includes a beef bowl, chicken bowl, turkey bowl, and lamb bowl.

The company will use the January 2026 funding to support its direct-to-consumer fresh dog food subscription business and its production and kitchen infrastructure.

## Funding rounds

- Series C, Jan 31, 2026, $67M — StepStone, Shearwater Capital, LGVP Management
- Series B, May 16, 2023, $17M — Greenspring Associates, StepStone, Shearwater Capital, Point King Capital, Afterwork Ventures, Aussie Angels, LGVP Management
- Series B, Sep 19, 2022, $14M — Wattle Hill Capital, Point King Capital, Afterwork Ventures, LGVP Management
- Series A, Jun 24, 2021, $4.9M — Mainstream Fund Services, Wattle Hill Capital, Shearwater Capital, Afterwork Ventures, Caffrey Blair Investments Pty Ltd, Barrijag Pty Ltd

## Investors

- Mainstream Fund Services — Series A
- Wattle Hill Capital (https://capitalatlas.ai/funds/wattle-hill-capital) — Series A, Series B
- Shearwater Capital — Series A, Series B, Series C
- Afterwork Ventures (https://capitalatlas.ai/funds/afterwork-ventures) — Series A, Series B
- Caffrey Blair Investments Pty Ltd — Series A
- Barrijag Pty Ltd — Series A
- Point King Capital (https://capitalatlas.ai/funds/point-king-capital) — Series B
- LGVP Management (https://capitalatlas.ai/funds/lgvp-management) — Series B, Series C
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series B
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series B, Series C
- Aussie Angels — Series B