Bengaluru-based seafood startup Captain Fresh has raised INR 20 Cr ($2.3 Mn) in debt financing from VentureSoul Partners, marking the third investment from its debut debt fund.

In order to expand their business and pursue growth opportunities, the startup intends to put the newly acquired funds to use.

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“Captain Fresh has demonstrated an ability to successfully integrate large acquisitions. With access to multiple products and presence across multiple geographies, they are poised to break out both on revenue and profitability,” VentureSoul Partners’ cofounder and managing partner Kunal Wadhwa told Inc42.

About Captain Fresh

Captain Fresh, founded by Utham Gowda in 2020, is a tech-driven, vertically integrated global leader in the seafood industry. Headquartered in Bengaluru, India, the company operates a diverse portfolio of multi-species seafood brands, including CenSea in the US, SuperFish in Poland, and Senecrus in France.

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Captain Fresh’s prominent investors include Accel, Prosus, Matrix Partners, Tiger Global, SBI Japan, Ankur Capital, British International Investment (BII), and Nekkanti Group.

Captain Fresh, a leading multi-species, multi-origin conglomerate, sources and distributes over 100 types of seafood to 30 countries worldwide. United by a common goal, the Captain Fresh group is dedicated to providing responsibly sourced seafood, supporting communities, and preserving ecosystems through innovation and forward-thinking practices.