V
Vetchip
The Smart Animal Health Revolution
About Vetchip
VetChip is a West Australian biotechnology company positioning itself at the forefront of the animal health technology sector. Founded in 2019, the company is developing a smart animal health monitoring system to address the challenge of detecting health issues in animals that cannot communicate with their owners.
The core of VetChip's business is a first-of-its-kind implantable biosensor that functions as a significant upgrade to standard identity microchips. Implanted under the skin in a simple procedure, the chip continuously monitors key biometric data - similar to that of a human smartwatch. This data is transmitted wirelessly to the cloud providing real-time health analytics and alerts to animal owners and veterinarians. An AI-powered software layer analyzes the biometric data to establish a baseline for the animal's health and detects abnormalities, enabling early intervention for potential illness or distress. The device also retains the functionality of a standard identity chip and can monitor an animal's location.
Its system offers a significantly more durable and insightful alternative to wearable collars, which inevitably get damaged and/or removed. VetChip has also developed an API to integrate with existing animal practice management software, allowing health data to be uploaded directly into an animal's clinical record.
It has gained significant recognition, winning the 2024 Nestlé-Purina Pet Care Innovation Grand Prize, as well as being a winner of Nestlé-Purina's global Unleashed Pet Tech Accelerator Program in 2023.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Perth, Australia
- Employees
- 16
- Open positions
- None listed
- Dealroom signal
- 56.9/100
- Industry
- Health
- Sub-industry
- Medical Devices
- Sector
- Health Tech & Medtech, Biotechnology, Agritech
- Technology
- Artificial Intelligence, Hardware, Deep Tech, Machine Learning, Deep Learning, Autonomous & Sensor Tech, Connected Device, IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | Jun 2024 | $129K | — | Government of Western Australia | ↗ |
| GRANT✓Other financing | Jan 2024 | $25K | — | Nestlé Purina Petcare | ↗ |
Growth signals
Latest recorded traffic for Vetchip is 80 monthly website visits, down 20% over the last three months. Vetchip's team grew 0% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
New Industries and Innovation Fund
Nestlé Purina Petcare
Government of Western Australia
Other known investors1 additional known investor
Q-Branch
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Vetchip on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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