Home Ideas Entrepreneurship & Small Business Germantown-based Chocolate Rescue for Dogs secures angel round investment

Germantown-based Chocolate Rescue for Dogs secures angel round investment

Arek Schmocker and Amadeus Benitez of Chocolate Rescue for Dogs.

Germantown-based Chocolate Rescue for Dogs, a medical device company focused on animal health, has secured its first round of angel investments. The startup did not disclose which angel investors took part in the round, but said they include executives from the pet industry. Chocolate Rescue for Dogs has created a dog treat that can encapsulate

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now
Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book.
Germantown-based Chocolate Rescue for Dogs, a medical device company focused on animal health, has secured its first round of angel investments. The startup did not disclose which angel investors took part in the round, but said they include executives from the pet industry. Chocolate Rescue for Dogs has created a dog treat that can encapsulate the toxins found in chocolate if a dog were to accidentally eat some. The startup was the winner of this year’s Bright New Idea Award at the Wisconsin Governor's Business Plan Contest. The treat physically attracts and encapsulates caffeine and theobromine – the two toxins in chocolate - while remaining unreactive to other molecules. A filing with the Securities and Exchange Commission shows Chocolate Rescue for Dogs was attempting to raise $155,000. "We did reach our fundraising goal,” said Arek Schmocker, chief financial officer and chief operating officer. “We likely could have raised additional dollars, but we chose to close with the investors we had to move quickly to a test launch.” Chocolate Rescue for Dogs will use the initial funding to develop its supply chain, build inventory and test launch the product with a select pet retailer. The full commercial launch will follow within the next six months. "We are thrilled and humbled by the overwhelming support we have received from our investors," said Amadeus Benitez, co-founder and chief executive officer. "This funding will enable us to accelerate our product launch and take significant steps towards expanding our company’s reach. Our mission is to prevent death and harm from common poisonings, and this investment brings us one step closer to realizing that vision."

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
Exit mobile version