June 22, 2020
Petlove, an online pet shop in Brazil, said it received a "significant strategic investment" from US private equity firm L Catterton, although it did not reveal the exact amount of the transaction.
L Catterton joins Petlove's other investors, SoftBank, Tarpon and Monashees, the Connecticut-based investor said in a press release on Thursday.
Petlove will use the money to increase online sales and promote its partnership with Vet Smart, an online platform for veterinarians in Brazil, L Catterton s
Brazilian online pet shop plans to promote its partnership with Vet Smart with money from the US private equity firm