Scout raises USD4M in seed funding
By Food in Canada StaffBusiness Operations Seafood Canned food Scout
Scout, a canned seafood manufacturer, raises USD4 million in a seed funding round that will accelerate the company’s omni-channel brand strategy and operational expansion. The round is led by Semillero Partners, a seed and growth-stage investment firm focused on responsible food and beverage, and Export Development Canada (EDC), along with participation from Almanac insights, an early stage fund focused on companies making a transformative impact on food systems.
“We first brought Scout to market just over two years ago with the ambitious goal to change how consumers perceive and experience seafood,” said Adam Bent, co-founder and CEO of Scout. “We are more committed than ever to transforming the craft of preserving seafood into a cultural mainstay by celebrating bold ingredients and unexpected culinary techniques alongside complete transparency from boat to plate.”
Since launching in June 2020, Scout has expanded beyond its Canadian headquarters. It is now available in the United States. The brand can now be found in more than 1,500 major and specialty retail doors across Canada.
The seed round comes on the heels of Scout’s B Corp certification, a designation based on a company’s social and environmental performance.
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