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Home World Regional News Europe

Gousto has Completed a $230M Secondary Placing led by Japanese giant SoftBank VF2

Femi Thomas by Femi Thomas
03/06/2022
in Europe
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London-based meal-kit service and profitable B Corp unicorn Gousto have received a $230 million secondary placing.

The secondary placing was led by Japanese giant SoftBank VF2. The other participants in the second 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 recognize 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.”

 

Read more on Tech Gist Africa:

Self-driving Truck Startup Inceptio Raises $188M in Series B+

Chinese SaaS platform Dianxiaomi Secures $100M in Series C

Payhawk adds an additional $100M to an already impressive $115M Series B round

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