Poland

Psi-Bufet secures funds for expansion

06.04.2021

Psi-Bufet, a producer of premium fresh dog food in Poland, has secured a total of PLN 5 mio (approx. 1.09 mio euros) in its latest financing round. The company aims to use the acquired funds for further expansion, focusing on increasing sales, expanding the competence of its staff and improving its product range, according to US-based Petfoodindustry.com.
In its pre-seed round, which took place in early 2020, Psi-Bufet acquired PLN 1.6 mio (approx. 350 000 euros) from a number of domestic and foreign investors. This capital injection allowed the company to launch a production facility in Poland's capital, Warsaw, where it makes fresh dog food.
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