Funding

[Funding alert] Pet-Wellness Company Jampy Secures €1 Million in Pre-Seed Funding

Jan 17, 2024 | By Startup Rise EU

Pet-Wellness Company Jampy Secures €1 Million in Pre-Seed Funding. Jampy is currently available in Italy and other specialised, high-end pet stores worldwide.

Pet-Wellness Company Jampy Secures €1 Million in Pre-Seed Funding. Jampy is currently available in Italy and other specialised, high-end pet stores worldwide.

With the debut of eight products in plastic-free packaging, the company has demonstrated its commitment to sustainability in pet care and secured the cleanest labels on the market with its plant-based vitamins and natural grooming line.

Read also - Oslo-based proptech Startup Plaace Raises €885k in Funding

Jampy offers two product lines:

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Vitamins and Superfoods: Supplements created with the assistance of dietitians and experts in canine nutrition. Every Jampy product is meatless, has dosages according to the weight of the dog, and includes all-natural dog-friendly appetisers.

Clean Beauty: These pH-balanced skin and coat care products are sourced from a human-grade approved supply chain.

The startup has raised money from three business angels, including Nicola Drago of VP DeA Capital, Claudio Bellinzona, and Fabio Zecchini (all former co-founders of Musement), and investors lead by the European fund 360 Capital.

Read also - London-based Fintech Company Carmoola Secures 15.5M in Equity Funding

According to Rosa Scelsa, co-founder and CEO of Jampy: "This is an important achievement because, in addition to the trust placed in us, it confirms the validity of our business model and its growth prospects in the market. We are grateful for the support received and excited to use these funds to pursue our mission, which is to redefine the quality and sustainability standards of dog care products."

Federica Signoriello, co-founder and CPO, shared: "This funding will allow us to take our creativity and innovation to new levels, providing solutions for the well-being of our dogs, whom we consider our children. We are determined to make a difference in the pet wellness sector by offering solutions that can enhance the well-being of dogs and simplify the lives of their pet parents."

Lucrezia Lucotti, Investment Director at 360 Capital commented: "We are thrilled to support Jampy on its journey. The rise of pet supplements and grooming products marks one of the main growth trends in the pet care industry. This is not surprising considering the number of pets in Europe and in Italy and the limited and commoditised pet product offerings available today".

The company can now accelerate its expansion by creating new items and increasing its retail and online distribution channels after the Pre-Seed round is finished.

Read also - Berlin-based Startup Pliant Raises €8 Million in Series A Round Funding

About JAMPY

JAMPY, their goal is to completely upend the pet business and set new standards. Since they care for their furry friends as if they were their own children, they gladly accept the title of "pet parent"! They are committed to giving children the same wholesome, premium treats that they select for themselves.

Read also - German Wastewater Recycling Company Membion Secures €5 Million in Funding

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