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Bluetrace Raises $4 Million To Modernize The Seafood Industry

Feb 16, 2023•over 2 years ago

Amount Raised

$4 Million

Round Type

seed

CastineOther

Investors

Dave FordJoe RaczkaSea AheadCei VenturesMaine Venture FundYork Ie

Description

CASTINE, ME / February 16, 2023 / BlueTrace, the easiest and most powerful traceability solution for seafood harvesters, growers, distributors, processors, and dealers, today announced $3.2 million in Seed funding, bringing the company's fundraising total to $4.1 million. The round was led by York IE, Maine Venture Fund, and CEI Ventures, with participation from various angel investors, including SeaAhead.

Company Information

Company

Shellfish Solutions

Location

91 WATER STREET

Castine, Maine, United States

About

Legal name of BlueTrace is Shellfish Solutions. BlueTrace offers the easiest and most powerful traceability solutions for shellfish growers, wholesalers, distributors, and dealers. Our technology enables organizations large and small to streamline operations and comply with critical regulations.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers