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Gousto raises USD 230 million secondary placement
Online Food Delivery
Feb 24, 2022
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Online Food Delivery

Online Food Delivery

Feb 24, 2022

Gousto raises USD 230 million secondary placement

Funding

  • Gousto, a London-based meal kit delivery startup, raised USD 230 million in a funding round led by existing investor Softbank’s Vision Fund 2. Fidelity International , Grosvenor Food & AgTech , and Railpen , the U.K.’s seventh-largest pension fund, also participated. This is Softbank’s second investment in the company, following a USD 100 million capital investment in January 2022. The latest round brings Gousto’s total funding to around USD 591.5 million. 

  • Gousto plans to use the funds to double its tech team by the end of 2022. The company believes that the current round of funding is proof that it is in line with its mission to offer customers healthy and sustainable meal options at affordable prices. The company first became profitable in 2020, selling 53 million meals.   

<ul><li>In January 2022, Gousto raised USD 150 million in a round that valued the company at USD 1.7 billion. The proceeds are to be used for investment in technology and increasing capacity.</ul>

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