Captain Fresh raises $50 Mn in Series C; valuation jumps 50X in a year

▤ Summary

B2B animal protein marketplace Captain Fresh has raked in $50 million in its Series C investment round co-led by existing investors Prosus Ventures and Tiger Global. Started by Utham Gowda, three-year-old Captain Fresh is a farm-to-retail platform for animal protein–fish, seafood and sheep. The company focuses on aggregating the fragmented retail demand and link it to the small fishermen and farmers throughout the Indian coast. It leverages its bid engine, proprietary quality inspection and satellite technology ensuring match-making of demand and supply. As per the company, it has a distribution network in more than 20 cities and over 2,500 retail businesses and it eyes Africa, the Middle East and other parts of Asia.

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