The meal-kit delivery service in the UK just got tastier! Grabbing a fantastic share of the pie in this sector, London-based meal-kit service and profitable B Corp unicorn Gousto has received a $230 million secondary placing. The secondary placing was led by Japanese giant SoftBank VF2. The other participants in the secondary round included Fidelity International, Grosvenor Food & AgTech and Railpen, the U.K.’s seventh-largest pension fund.
The news comes on the back of its recent stellar $100 million funding led by SoftBank VF2 in January 2022 in a round that valued the UK startup at $1.7 billion.
The business founded by Timo Boldt in 2012 has been on a mission to meet the ever-increasing consumer need to eat healthily at an affordable cost.
Timo Boldt, founder and CEO, Gousto, said: “Gousto is playing in reducing food waste and carbon emissions in the food supply chain.We are here to meet an accelerating consumer need to eat healthily and sustainably, at value. Softbank has increased its stake, which speaks volumes for where they see the business heading. All four investors recognise the growth that Gousto has achieved and the opportunities ahead for the company as we embark on our next stage of growth to become the UK’s most loved way to eat dinner.”
Max Ohrstrand, investor for SoftBank Investment Advisers said: “We have been closely watching the growth and performance of Gousto for the last few years and have been greatly impressed with what Timo and his team have achieved. We believe they have succeeded in disrupting the traditional grocery channel when it comes to how we consume the evening meal and are excited to be joining the Gousto journey.”