Balderton leads £10m series-C for MedicAnimal
Balderton Capital has led a £10m series-C financing round for online pet supplies retailer MedicAnimal.com.
Other participants in the round include Iris, which led a previous round in 2010, and angel investors from Europe, the US and Asia.
The investment is intended to strengthen the company's position on the UK market and expand the business to continental Europe.
Company
MedicAnimal.com, launched in 2007, is an online retailer of pet supplies. The company, which is registered as a veterinary dispensary and pharmacy in the UK, also offers clients free animal care advice from in-house veterinarians and pharmacists. MedicAnimal is headquartered in London.
People
Partner Mark Evans worked on the deal for Balderton. Partner Alex Wiedmer led the investment for Iris.
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