Fresh dog food supplier Butternut Box has secured debt financing of more than £64m from fintech lender Liquidity.
The new funding will enable the brand to solidify its position in Europe with the development of a second manufacturing facility in Poland.
Founded in 2016, Butternut Box supplies fresh meals to dogs in the UK, Ireland, the Netherlands, Belgium, Germany and Poland, and launched fresh cat food brand Marro in 2024. Since inception, Butternut Box has raised over £380m, having most recently received a £280m investment from General Atlantic and L Catterton.
Kevin Glynn, co-founder of Butternut Box, said: “Our mission has always been to get more dogs eating the fresh food they deserve.
“Partnering with Liquidity will help us continue that mission by ensuring we are well positioned to support our existing markets, whilst helping to deliver health and happiness to even more dogs across Europe.”
Ron Daniel, co-founder and CEO of Liquidity, added: “Butternut Box has established itself as a fresh pet food leader through an unwavering commitment to quality, innovation, and growth.
“Liquidity is the ideal partner for late-stage startups needing fast, flexible and non-dilutive access to capital. As such, we’re proud to support Butternut Box as they increase market share by expanding manufacturing capacity in EMEA in support of continued growth.”
