Perwyn leads £30m round for Gousto

Existing investors BGF Ventures, MMC Ventures, Canaccord Genuity and Unilever Ventures also reportedly took part in the funding round.

The funding round brings the total amount raised by the company to around £100m. It comes just six months after BGF, MMC, Unilever, Hargreave Hale and Angel CoFund took part in an £18m round for the business.

Gousto is currently investing in artificial intelligence technology designed to improve customers' shopping experiences and the launch of new product ranges.

Previous funding
Gousto first received venture capital backing in 2013, when MMC led a $2m round for the company. Nine months later, Unilever Ventures led a £5m series-A funding round for the business alongside MMC. BGF, MMC, Unilever and Angel CoFund then injected £9m into Gousto in 2015.

More recently, the company raised a £28.5m investment round in March 2018 from BGF, MMC, Angel CoFund and Hargreave Hale, before raising the aforementioned £18m round in January 2019 from the same firms alongside Unilever.

Company
Founded in 2011 and based in London, Gousto sells and delivers ingredients and recipe meal kits to subscribers. Its ingredients are organic and seasonal, and are delivered in the exact proportions required in order to minimise food waste. The company plans to deliver 400 million meals by 2025.

People
Gousto – Timo Boldt (founder, CEO).

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• Topics
• Expansion
• UK / Ireland
• Consumer
• United Kingdom
• BGF (Business Growth Fund)
• MMC Ventures
• Venture