BOULDER — Bond Pet Foods Inc., a Boulder-based pet food startup that makes food out of animal proteins rather than meat, announced this week it had completed a $1.2-million seed funding round.
The round was led by Lever VC, a venture firm that specializes in meat alternatives.
How a business manages its inventory can have a tremendous impact on the financial health of the company. Managed properly, inventory can be a great source of increased margins, higher revenue, or a combination of the two.
The funding will mainly be used for research and development, according to a Bond news release.
“This raise gives us the capital to make strides with our technology and introduce pet parents to a new and better way of feeding their dogs and cats,” Bond CEO Rich Kelleman said in a prepared statement. “We started Bond to deliver high nutrition to our pets without harm to other animals or to our planet, and we’re excited to bring our transformative products to the world in the months ahead.”