HTGF invests in futalis

HTGF can earmark up to €1.5m for further financing but has not yet confirmed its intention to do so.

The investment will help kick-start sales of the company's product.

Company
Futalis provides dog owners with customised dog food with a particular attention to health issues and the specific nutritional needs of the dog.

The concept was developed in a research project at the University of Leipzig overseen by Prof Manfred Coenen, director of the Institute of Animal Nutrition.

The spin-off company was founded in 2011 by veterinarian Stephanie Schmidt together with graduates from Leipzig Graduate School of Management Janes Potthoff and Christian Hetke.

People
Marco Winzer is executive portfolio manager at HTGF.

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