Scottish pet food brand Bella & Duke has ‘successfully’ raised £7m from a consortium of investors.
The company, which makes natural, raw pet food, said it will use the funding to increase its factory production capacity at its site in Fife.
Bella & Duke was founded in 2016 by friends Matt Scott and Tony Ottley to provide healthy pet food. Since then, the company has grown to almost 100 employees.
CEO & Co-Founder of Bella & Duke, Mark Scott, said: “Attracting this recent investment demonstrates the long-term potential for Bella & Duke and showcases the significant opportunity within the raw feeding category generally. Our mission is to provide all British dogs and cats with the best possible nutrition: raw food, with recipes tailored to take account of breed, life stage and any underlying health or welfare concerns.
“The business has grown significantly in recent years due to the increasing consumer demand for natural, nutritionally beneficial pet food as well as the success of our subscription-based business model, that delivers frozen food from our factory in Fife directly to customers’ homes throughout Great Britain. This funding round will enable us to continue growing and we’re delighted to be working with our investors for the next phase of the journey.”
Bella & Duke has also announced that Peter Farquhar will join as Chairman. He is former Chairman of natural pet food brand, Forthglade, and brings of wealth of experience to the team, the company says.