Seal the Seasons Inc., a local frozen food manufacturing company, has raised $735,000 in a private debt offering, according to a filing Thursday with the Securities and Exchange Commission.

Seal the Seasons previously raised $100,000 from one investor on Jan. 10, 2017.

The company intends to raise a total of $1.2 million, with $365,000 remaining to be sold. It has currently raised money through 20 investors. It declined to disclose what it intends to do with the funds.

By flash freezing local produce, Seal the Seasons enables small to mid-sized local farmers to market their produce in grocery stores year round.

Seal the Seasons’ products are currently available in various North Carolina locations, including Harris Teeter, The Fresh Market, Whole Foods Market, Ingles and Lowes.

Patrick Mateer, chief executive officer and co-founder of Seal the Seasons, graduated from UNC-Chapel Hill in 2015. Founded in 2014, Seal the Seasons was a venture supported by UNC’s Social Innovation Initiative.

Mateer, 24, was selected in November for Forbes 30 Under 30 for Social Entrepreneurship.

Companies such as Seal the Seasons relying on the Rule 506 exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.

The filing can be found here.