B2B seafood marketplace Captain Fresh raises $12-M from Accel, others

Bengaluru-based Captain Fresh, a tech-enabled business-to-business seafood marketplace, has raised USD 12 million in a Series A funding round led by venture capital firm Accel. The funding round saw participation from its existing investors Matrix Partners India, Ankur Capital and Incubate Fund, and angel investors, including Jitendra Gupta (Jupiter), Asish Mohapatra and Ruchi Kalra (OfBusiness) Souvik Sengupta (Infra.Market), Rajesh Yabaji(BlackBuck), Revant Bhate (Mosaic Wellness), Ramakanth Sharma (Livspace), and Amrish Rau (PayU). Captain Fresh will use the money to beef up its supply-side tech, expand distribution globally and grow its team. It is working to simplify the fish and seafood supply chain in the country. It aims to drive predictability through a combination of a digital commerce platform and a physical fulfilment layer for retailers across multiple formats.