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Xpertsea Raises $20 Million Series B To Transform The Seafood Economy Through Finance And Technology

Aug 10, 2021•about 4 years ago

Amount Raised

$20 Million

Round Type

series b

Quebec

Description

XpertSea, a Canadian company transforming how seafood is farmed and traded, announced today it has closed a $20M USD Series B funding round. The round was led by QED Investors and Atlantico with Investissement Quebec joining previous investors Obvious Ventures, Aqua-Spark, Tony Fadell’s Future Shape, Real Ventures and edō Capital. QED partner Lauren Morton will join XpertSea’s board, resulting in both an executive team and a board where women are in the majority.

Company Information

Company

Xpert Sea

Location

Quebec, Quebec, Canada

About

XpertSea builds tech and financial solutions that transform how seafood is farmed and traded to help feed the world. Our mission is to build a better, fairer and more sustainable aquaculture industry by leveraging our unique data set, gathered from billions of organisms, to bring transparency and insights from farm to fork. We leverage AI technology to help farmers modernize operations and boost profits through access to fast payments, valuable production insights and a data-driven marketplace of vetted sellers and buyers. With customers in over 50 countries, we’re on a path to give the world farmed seafood everyone can feel good about. Visit our website at www.xpertsea.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech