B2B seafood company Captain Fresh raises $20 million from SBI Investment, others

Captain Fresh, a business-to-business fish and seafood company, on Tuesday said it has raised $20 million in an extended Series C round, led by Japan-based SBI Investment and Evolvence Capital.

SBI Investment is the latest to invest in the Bengaluru-based startup. SBI Investment is the venture capital arm of SBI Holdings, a Japanese internet-based financial conglomerate.

Including the latest tranche of capital, the company has raised a total of $77.4 million total so far, starting March 2022 when it raised the first tranche of $50 million. The funding round values the company at $500 million.