Seafood supply chain startup Captain Fresh has announced securing Rs 290 crore in sustainability-linked financing from global impact investor Blue Earth Capital. This funding will bolster Captain Fresh’s global distribution capabilities and reinforce sustainability initiatives within seafood value chains.
Founded in 2020, Captain Fresh operates a technology-driven platform that integrates seafood sourcing, processing, and distribution. The company’s digital system enhances traceability and operational efficiency across the seafood supply chain.
Captain Fresh retails packaged seafood under various brands and serves distributors and retailers across markets including the US, Europe, the UAE, and India. In FY25, the company catered to approximately 1,300 customers across 30+ countries, trading in over 90 seafood species.
Headquartered in Bengaluru, Captain Fresh has expanded globally through strategic acquisitions, including Spain-based tuna processor Frime, Poland-based salmon company Koral, US-based seafood importer CenSea, and France-based seafood distributor Senecrus.
In FY25, Captain Fresh reported a 2.5X surge in gross merchandise value to Rs 3,421 crore and achieved a net profit of Rs 42 crore, a notable improvement from the Rs 229 crore loss in the preceding year.
Source: Entrackr : Latest Posts