Captain Contemporary, a business-to-business harvest-to-retail marketplace for animal protein, is partaking with traders to boost as much as $50 million in recent funding, in accordance with sources acquainted with the matter.
The startup is in superior levels of deliberations to boost the capital from Nekkanti Sea Meals, SBI Funding, Evolvence, Tiger World, and Prosus Ventures, the sources stated, requesting anonymity because the matter is personal.
Captain Contemporary declined to remark.
The startup particularly focuses on seafood, serving to fishermen and farmers promote their catch and livestock to companies. It has arrange dozens of assortment facilities in a number of international locations the place it collects the catch after which sells to 1000’s of companies throughout coastal states.
Captain Contemporary has raised over $100 million previous to the brand new funding and was valued at $500 million within the earlier spherical, whose first tranche it closed in March 2022. It has since prolonged that spherical to boost one other $15 million or so.
