OneStock SAS has received strategic financial support from Summit Partners to support continued disruption in the omnichannel retail space.

The investment will be used to support its WHISKAS, SHEBA and Royal Canin pet food brands, as well as its confectionery and human food operations. 

The sustainable pet food ingredient startup is among eight early-stage companies selected for this latest cohort.

The company’s Ocean Restoration Program aims to restore 1,500 hectares of ocean habitats by 2030.

Retailers throughout the region have launched more private label products, increasing their share in the market by 18% in 2022.

The association detailed industry growth and pet ownership data in its Facts & Figures 2022 report.

The partnership aims to support the implementation of climate-smart farming to reduce carbon and greenhouse gas emissions, improve soil health and biodiversity, and more.

The company will construct a facility to scale up production of its sustainable protein ingredient.

The retailers have collectively signed more than 115 franchise agreements in 2022.

The company has partnered with Carrefour to pilot a bulk, refillable packaging solution for select cat food and treat brands.