AlgoGroup
Specialising in the organic growth, management and selective acquisition of pet care, food and related brands.
Specialising in the organic growth, management and selective acquisition of pet care, food and related brands.
AlgoGroup, a Singapore-based startup founded in 2019, is focused on becoming Asia’s premier tech-driven pet product company. The company's slogan, "Specialising in the organic growth, management and selective acquisition of pet care, food and related brands," underlines its strategic direction. Through a proprietary process utilizing e-commerce data and technology, AlgoGroup rapidly identifies, validates, and integrates emerging pet brands into its house brand portfolio. The latest milestone for the company is a significant $1.00M Seed Round investment received on 18 February 2024, with contributions from notable investors including Primest Capital, Thomas Hill, and FoundFast. This substantial investment reflects investor confidence in AlgoGroup’s vision and potential within the pet care and food industries, positioning it as a compelling opportunity for venture capital investment in the rapidly growing Asian market.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $1.00M | 3 |
|
18 Feb 2024 |
| Debt Financing | Unknown | - | 18 Feb 2024 |
No recent news or press coverage available for AlgoGroup.
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