4 years ago

Gousto Cooks Up £110 Million Funding Round to Expand Meal-Kit Service

  • London-based meal-kit subscription service Gousto has raised £110 million in a funding round led by SoftBank's Vision Fund II

  • The round includes £73.8 million in equity financing and £37 million in debt financing from Barclays and HSBC

  • Gousto will use the funds to open a new fulfillment center near Birmingham and further expand its operations

  • The company, which offers a convenient and sustainable way for people to cook at home, has seen significant growth, with revenue doubling to £189 million in the past year.

      • ProblemFood & Beverage

      "People are busy and don't have time to go to the grocery store and cook meals from scratch."

      Solution

      "Gousto delivers pre-portioned ingredients and recipes to your door, making it easy to cook delicious meals at home."

      Covered on