PetMedix

Babraham, United Kingdom Founded: 2017 • Age: 9 yrs Acquired By Zoetis
Developer of monoclonal antibody therapeutics for pets
Annual revenue - Latest available
Total funding $47.5M 3 rounds
Employees 44 Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About PetMedix

PetMedix is a company based in Babraham (United Kingdom) founded in 2017 by Thomas Weaver was acquired by Zoetis in September 2023. PetMedix has raised $47.46 million across 3 funding rounds from investors including Tencent, Zoetis and Parkwalk. The company has 44 employees as of January 31, 2022. PetMedix operates in a competitive market with competitors including Zoetis, Ceva, QBiotics, Bio-Sourcing and Hester Biosciences, among others.

  • Headquarter Babraham, United Kingdom
  • Employees 44 as on 31 Jan, 2022
  • Founders Thomas Weaver
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Petmedix Ltd
  • Date of Incorporation 05 Dec, 2017
  • Jurisdiction CAMBRIDGE, CAMBRIDGESHIRE, ENGLAND
Operational Areas
Healthcare → Veterinary & Animal Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $47.46 M (USD)

    in 3 rounds

  • Latest Funding Round
    $37 M (USD), Series B

    Sep 08, 2021

  • Investors
    Tencent

    & 5 more

  • Employee Count
    44

    as on Jan 31, 2022

  • Acquired by
    Zoetis

    (Sep 18, 2023)

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Funding Insights of PetMedix

PetMedix has successfully raised a total of $47.46M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $37 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in PetMedix

PetMedix has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Zoetis and Parkwalk.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech companies are invested in by Parkwalk venture capital firm.
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Digitalis Ventures is engaged in health-focused investments.
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Venture capital investments are made in life sciences and deep tech.
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Investor details for PetMedix

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Investments & Acquisitions by PetMedix

Investments
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Investment portfolio details for PetMedix

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Financial Statements - PetMedix

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Detailed financials for PetMedix

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Petmedix Comparisons

PetMedix Primary company
Description
Developer of monoclonal antibody therapeutics for pets
Location
Babraham, United Kingdom
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
44
As of 2022
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Peer comparison for PetMedix

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Competitors of PetMedix

PetMedix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zoetis, Ceva, QBiotics, Bio-Sourcing and Hester Biosciences, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Animal medicines, vaccines, and diagnostics are manufactured and supplied.
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Animal health therapeutics are developed and supplied globally by Ceva.
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Small molecules from plant extracts are developed for medical applications.
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Biopharmaceuticals for animals are manufactured and supplied through partnerships.
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Manufacturer of animal vaccines and healthcare products
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Detailed competitors of PetMedix

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Latest news on Petmedix

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Complete news archive for PetMedix

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Frequently Asked Questions about PetMedix

PetMedix was founded in 2017 and raised its 1st funding round 2 years after it was founded.

PetMedix is headquartered in Babraham, United Kingdom. It is registered at Babraham, Cambridgeshire, United Kingdom.

Thomas Weaver is the current CEO of PetMedix. They have also founded this company.

PetMedix is a funded company, having raised a total of $47.46M across 3 funding rounds to date.

As of Jan 31, 2022, the latest employee count at PetMedix is 44.

PetMedix was founded in 2017 in Babraham, United Kingdom, within the biotechnology sector focused on veterinary medicine. Monoclonal antibody therapeutics for pets are developed to address cancer, inflammation, and other conditions. The Ky9 and Felyne platforms are utilized to generate these antibodies, supporting operations in therapeutic innovation for animal health. Leadership includes co-founder Thomas Weaver as CEO.

PetMedix's top competitors include Zoetis, Ceva and QBiotics.

PetMedix has 6 investors. Key investors include Tencent, Zoetis, Parkwalk, Digitalis Ventures, and Cambridge Innovation Capital.

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