What is Northern Wind?
Founded in 1987 and based in New Bedford, Massachusetts, Northern Wind operates as a leading direct off-loader, processor, and distributor of fresh and frozen scallops. The company is committed to responsibly harvested seafood, adhering to sustainable and environmentally friendly practices. Northern Wind's state-of-the-art facility boasts certifications from the U.S. Department of Commerce Seafood Inspection Program for packing USDC Grade A scallops and is also MSC certified, ensuring high standards of quality and traceability. Its portfolio of scallop brands, including Five Star Premium, Captain's Call, Mariner's Choice, and Sea Spray, caters to nationwide markets, encompassing supermarkets, club stores, national restaurant/hotel chains, and wholesalers seeking verified and traceable seafood offerings from sustainable fisheries.
How much funding has Northern Wind raised?
Northern Wind has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Northern Wind
PPP
Public-Private Partnership
What's next for Northern Wind?
The recent major strategic investment in Northern Wind signals a pivotal moment for the company, likely enabling expansion of its processing capabilities, enhancement of its distribution network, or further development of its sustainable sourcing initiatives. Given the enterprise-level nature of the total funding, this capital injection is expected to fortify its competitive edge in the premium scallop market and potentially explore new product lines or geographic markets. The focus on traceable and sustainably harvested seafood aligns with growing consumer demand, positioning Northern Wind for continued growth and market leadership.
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