Possible rewrite: Indian Captain Fresh looks to secure $50 million in fresh funding as discussions ensue

Captain Fresh, a business-to-business harvest-to-retail marketplace for animal protein, is engaging with investors to raise up to $50 million in fresh funding, according to sources familiar with the matter. Captain Fresh declined to comment. The startup specifically focuses on seafood, helping fishermen and farmers sell their catch and livestock to businesses. Captain Fresh has raised over $100 million prior to the new funding and was valued at $500 million in the previous round, whose first tranche it closed in March 2022. It has since extended that round to raise another $15 million or so.

Captain Fresh, a groundbreaking business-to-business marketplace, is on a mission to revolutionize the animal protein industry. In order to fund its innovative vision, the company is currently in discussions with investors to secure a staggering $50 million in fresh funding, according to reliable sources.

The sources, who prefer to remain anonymous, have revealed that Nekkanti Sea Foods, SBI Investment, Evolvence, Tiger Global, and Prosus Ventures are all potential investors in this venture.

When reached for a comment, Captain Fresh declined to provide a statement at this time.

Their unique platform specifically caters to the seafood industry, connecting fishermen and farmers with businesses in need of fresh catch and livestock. With dozens of collection centers scattered across various countries, Captain Fresh is able to efficiently gather and distribute the highest quality products to thousands of coastal businesses.

This is not the first time Captain Fresh has sought funds. In fact, prior to this raised capital, they had already accumulated an impressive $100 million and were valued at a whopping $500 million in their previous round. In an effort to continue their growth, Captain Fresh recently extended this round to raise an additional $15 million.