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An Australian restaurateur and fishmonger is gearing up to take on the “antiquated” fishing industry through the launch of a new app-based seafood trading platform, raising $2 million in seed funding to help launch the product across the country.
Sydney startup ShoreTrade has raised $2 million in a seed funding round led by Investible to launch a trading platform for the seafood industry.
ShoreTrade has raised $2 million in a seed funding round to launch a trading platform for the seafood industry. It aims to give buyers and fisheries more control than they are afforded by the existing system of buying and selling, allowing fisheries and fishermen to list and sell their catch direct to suppliers across Australia and Internationally.
ShoreTrade will transform the industry from a pen and paper world to an open marketplace. The current seafood supply chain is outdated and inadequate. ShoreTrade will bring the industry into the digital age and transfer the power and money into the hands of the fishermen and their customers.