London-based Lupa raises over €17 million aiming to transform the Petcare Market

A London-based petcare technology company, Lupa, has successfully raised over €17 million in funding, marking a significant step towards expanding its AI-driven veterinary software across Europe. This investment signals growing confidence in the potential of artificial intelligence to revolutionize the pet care sector, offering efficiency gains and potentially improving animal health outcomes across the continent. The company's commitment to establishing ethical AI standards further positions it within the evolving landscape of European digital policy. The core of Lupa’s technology is a software platform designed to streamline veterinary practices, with multi-year agreements already in place throughout the UK and the European Union. The company's platform already impacts hundreds of veterinary clinics and demonstrates significant time-saving benefits, leading to rapid revenue growth. This funding injection will fuel the development of a Veterinary AI Lab, which will focus on creating advanced AI tools specifically tailored for pet care diagnostics and treatment. The ramifications of this development extend beyond the business world, directly impacting pet owners and the veterinary professionals who care for their animals. Faster and more efficient diagnoses, coupled with the potential for preventative care, could lead to better health outcomes for pets across Europe. This also resonates with the growing emphasis on digital sovereignty within Europe, supporting the development of home-grown technological solutions and promoting ethical AI principles. With the establishment of its Veterinary AI Lab, Lupa aims to collaborate with leading AI experts from across the globe to forge a path for the future of AI in pet care. The ambition is to contribute to a broader European conversation about the responsible deployment of artificial intelligence in healthcare, an area closely scrutinized by regulators and policy makers alike.