Fundz

Tuggs raised £1.1M in a Pre-Seed round led by several institutional investors and angels to develop insect-based dog food that promotes sustainability.

PRIVATESep 19, 2024

Amount Raised

£1.1 Million

Round Type

Pre-Seed

LondonFood and BeverageAgriculture and FarmingAnimal FeedPet

Investors

Angels

Description

Insect-based dog food company Tuggs has secured £1.1 million in funding. This investment will aid in team hiring, product development, and enhancing marketing efforts as the company focuses on sustainable pet food production.

Quick answer

Tuggs raised £1.1 Million in a Pre-Seed round, dated September 19, 2024. Investors: Angels. Tuggs is based in London, England, United Kingdom.

How much did Tuggs raise?
Tuggs raised £1.1 Million in a Pre-Seed round on September 19, 2024.
Who invested in Tuggs?
Angels is named as investors in this round.
What does Tuggs do?
Tuggs is an insect-based fresh dog food company that launched in late 2022.
Where is Tuggs based and how big is it?
Tuggs is based in London, England, United Kingdom.
Who are the decision-makers at Tuggs?
Fundz holds 1 contact at Tuggs. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Agriculture and Farming around the same time

Companies in the same sectors as Tuggs that raised within 45 days of this round, from Fundz verified event records.

  • STANDING OVATION raised $4.1M (Series A) on September 13, 2024.
  • BE WTR raised $45M (Series C) on October 11, 2024.
  • Cauldron raised an undisclosed amount (Grant) on October 2, 2024.
  • Permanent Agriculture raised $3.7M (Seed) on October 2, 2024.
  • Foodpreneurs Hub raised $500K (Pre-Seed) on September 19, 2024.
  • Novameat raised $19M (Series A) on September 12, 2024.

Who to call at Tuggs, and when

A new round usually means Tuggs is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at Tuggs, from your own LinkedIn network

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Company Information

Company

Tuggs

Location

London, England, United Kingdom

About

Tuggs is an insect-based fresh dog food company that launched in late 2022. The company creates a product that combines insects with other meats, fish, and vegetables to provide healthy dog food with a reduced environmental impact. Positioned to operate solely on a D2C subscription model, Tuggs emphasizes sustainable practices in its production processes. Their mission focuses on reducing reliance on traditional livestock while maintaining high nutritional standards for pet food.

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Tuggs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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