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This Week's Top Pet Industry News & Updates

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Issue #48

March 14th, 2024

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This Week

💰 Business Roundup: Israeli agritech firm secures Series A round, PRHG appoints new CEO, PetCo CEO steps down, and a whole lot more…

🌎 In The News: 3 dogs dead at Iditarod, secondhand smoke linked to cancer in dogs, Stranger Things star has 9 dogs, and a whole lot more…

🥓 Pet food: Artisinal sausages for your dog, new salmonella recall, a new study finds no long-term risks for hemp usage, and much more…

Quick Hits:

  • So many bugs - Israeli agritech firm secures $14.2M in Series A funding round.

  • PetCo CEO steps down - Former Best Buy exec R. Michael Mohan has been appointed as interim chief executive.

  • Joining the team - Pets Best, a pet health insurer, just got acquired by Independence Pet Holdings (IHP)

  • Not only hair implants - Tropikal Pet, a Turkish dog and cat food producer just raised $9 million with Eminova Holdings International. The company plans to use that capital to enter the US market.

  • Pawprint expansion - Lookout Oregon & Michigan, Woof Gang Bakery & Grooming is coming.

  • New VP - BSM Partners announces Brent Kirn as new VP.

  • New CEO - Pet Resort Hospitality Group appoints new CEO Jason Duffy.

  • Raising a bundle - How the founder of Bundle x Joy became the first Latina to raise $1m in the pet products industry.

  • Stock up - 3 undervalued pet socks to buy this March.

  • China fashion show - From March 23-25, the PetJoy pet fashion show will be hosted at the Shanghai Fashion Center in an attempt to showcase the country's expanding pet care industry.

  • A different Woof - Woof & PFX just announced a strategic partnership.

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  • Goodest boys - In Georgia (the state), 2 good boys were honored for acts of bravery and loyalty in a special ceremony.

  • Put the cigarettes away - Second-hand smoke puts humans at greater risk of cancer, and now it has been linked to a rise in cancer risk in some dogs too.

  • Hamster tour - A woman traveled more than 1,500 miles with her dead hamster to see his “favorite places.”

  • Soooo many dogs - The Stranger Things star has 9 dogs and Is fostering another 23.

  • How accurate is your dog’s DNA test? - According to this recent study, not particularly.

  • Colorado 4 - Yes Colorado, you are number 4 in most spoiled dogs in the country.

  • "10-4" - This photo exhibit features the best K9’s NYC has to offer

  • Dogs are dying in this race - Iditarod, the trail sled dog race, has reported its third dog death of the 2024 race.

  • Want to concentrate? Play with dogs - In a recent brain activity study playing with a dog had both improved concentration and increased relaxation.

  • Ya dawg - New study finds no long-term risks for dogs taking 5mg/kg of body weight per day of hemp-derived cannabinoids.

  • Artisanal sausages - “Fresh from the Deli,” Full Moon introduces new artisanal sausage for your pooch.

  • Plant-based functional - W.F. Young, the parent company of several pet care brands rolled out new plant-based dog treats.

  • Hamster wheel of recalls - The FDA announced the voluntary recall of batches of hamster and gerbil feed after it tested positive for salmonella.

  • Wet the beak - Dr. Pol, veterinarian and star of “The Incredible Dr. Pol” TV series is expanding its wet food line.

You reached the end, you deserve a treat 🍖

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See you next week!

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