London-based dog food startup Butternut Box raises £15 million

The UK-founded fresh dog food startup Butternut Box has landed £15 million in a funding round led by Five Seasons Ventures and White Star Capital, with participation from existing investors Passion Capital, Literacy Capital, and Kreos Capital.

Launched in 2016, Butternut Box prepares and delivers meals for dogs across the UK. Priced anywhere from £1.31 to some £5 per day, the dishes are portioned before delivery according to a dog’s breed, weight, sex and exercise regime. The startup says that it has produced more than 8 million meals so far and saw its revenues grow by 700 percent last year.

Richard Flint, former SkyBet chief executive, will join the startup's board. The company plans to use the funding to “grow a leading pet wellness company in Europe,” said David Nolan, co-founder at Butternut Box.