Captain Fresh Secures ₹290 Crore in Debt Financing from Blue Earth Capital Ahead of IPO Plans

IPO-bound B2B seafood marketplace Captain Fresh has raised ₹290 crore (€27 million) in debt financing from Swiss investment firm Blue Earth Capital AG, marking a significant step in the company’s growth journey as it prepares for a potential public listing.

The fresh funding will help the Bengaluru-based startup strengthen its in-house manufacturing capabilities, expand its global distribution network, and support team expansion to meet growing international demand for high-quality seafood products.

Founded with the mission of transforming the traditional seafood supply chain, Captain Fresh has built a technology-driven platform that connects seafood suppliers, processors, and retailers across multiple geographies. By digitizing the fragmented seafood industry, the company aims to improve efficiency, transparency, and product quality across the value chain.

Over the past few years, Captain Fresh has rapidly expanded its presence in several global markets, supplying seafood products to restaurants, retailers, and distributors across Asia, Europe, and the United States. Its tech-enabled procurement and logistics model helps ensure consistent supply, quality control, and traceability—key challenges in the seafood industry.

The newly secured debt funding from Blue Earth Capital AG will play a critical role in scaling the company’s processing and manufacturing infrastructure. By increasing in-house production capacity, Captain Fresh aims to improve operational efficiency and maintain higher quality standards across its product portfolio.

In addition to manufacturing expansion, the company plans to strengthen its international distribution capabilities. With global seafood demand continuing to rise, Captain Fresh is focusing on building a more robust supply chain network to serve customers across multiple continents.

Another key area of investment will be talent acquisition. The company plans to hire more professionals across operations, technology, and international business development to support its next phase of growth.

The funding also reflects strong investor confidence in the company’s long-term vision of building a global digital infrastructure for seafood trade. Blue Earth Capital AG, known for supporting sustainable and scalable businesses, sees significant potential in Captain Fresh’s technology-driven approach to modernizing the seafood industry.

As the company continues to expand its footprint and operational capabilities, this latest funding milestone further strengthens its position ahead of its anticipated initial public offering (IPO).

With growing global demand, a scalable digital platform, and strong investor backing, Captain Fresh is steadily positioning itself as a leading global player in the modern seafood supply chain ecosystem.