In August 2021, PETKIT announced its completion of $50 million D-Round financing. This round of financing was led by CDH Baifu and Sofina, and followed by existing shareholders GGV Capital, Qiming Venture Partners, Atlas Capital, Ince Capital and Kunyan Capital.
Established in 2013, as the pioneer of pet smart products, PETKIT has launched smart water dispenser, smart feeder, smart cat toilets and other explosive products. Up to now, the six product line layouts of "eat, drink, live, transport, clean and play" have been completed to comprehensively enhance the happiness of pets and the experience of young users.
As the legal advisor of CDH Baifu in this round of financing, Llinks has provided professional legal services for this project with its profound experience in the field of investment and financing.