Blue Horizon nets equity financing

Blue Horizon Foods on Tuesday announced that it secured growth equity financing from three venture capital firms — Greenmont Capital Partners I, Renewal2 Social Investment and Bradmer Foods.

The Aptos, Calif., company produces healthy and environmentally responsibly frozen seafood products under the Blue Horizon brand. Its product lines include Shrimp Skillet Meals; Organic and All-Natural Shrimp & Veggie Spring Rolls; Shrimp & Scallop Bake; and Seafood Bites Appetizers made with salmon, albacore tuna, pollock and crab meat. Whole Foods Market is among the retailers that carry Blue Horizon products.

"In partnering with leading like-minded investors such as Greenmont and Renewal2, we will have the opportunity to broaden our reach and offer more consumers a unique, sustainable alternative," said John Battendieri, founder and CEO of Blue Horizon. "In addition to capital, our investors bring strength in operations, distribution and strategy, giving us depth and leverage that few early stage companies can claim."

"Blue Horizon is the leader in a market that we feel will only grow and become more defined as consumer awareness continues to rise," said Mark Retzloff, a venture partner at Greenmont Capital. "Our partnership with John Battendieri and his team has been very successful over the last four years and we look forward to continuing to play a role in Blue Horizon’s rapid growth and success."

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