What industry information did the pet food company BondPetFoodsA reflect in its round of financing of17.5 million yuan?

BondPetFoods is a pet food supplier, focusing on the development of meat protein obtained from animal cells and natural microorganisms, making pet food with animal protein, and cooperating with veterinary nutritionists to launch pet recipes. According to foreign media TechCrunch, BondPetFoods raised17.5 million USD in Series A in June this year. Investors include ADMVentures, CavalloVentures, GenoaVentures, LeverVC, ThiaVentures, iSelectFund, Stage 1Fund, LifelyVC and SatoriCapital, and the venture capital department of Archer-Daniel-Midland.

This financing reflects the development trend of the pet food industry. With people's increasing concern about pet health and food safety, more and more investors are beginning to pay attention to this field.