Recipe box firm Gousto has secured £33m in new funding from investors as the coronavirus lockdown has seen a growth in the meal-kit market.
The funding round was led by a number of investment firms such as Perwyn and BGF as well as celebrity fitness trainer Joe Wicks and brings the total amount of investment in Gousto to more than £130m since it was founded eight years ago.
Gousto, which reported a 70% increase in sales in the first quarter year on year, said it would use the extra £33m in funding to expand its London-based technology team and look to offer next day delivery.
Chief executive Timo Boldt said: “We continue to be laser-focused on our vision to become the UK’s most-loved way to eat dinner.
“This additional investment is not only a validation of our track record, but it is also an endorsement of our strategic vision of the future which is rooted in investing in innovative technology to transform the way we search for, shop for, and cook our food.”
Perwyn founding partner Andrew Wynn said: “The business has adapted quickly to continue providing an essential service to so many.
“This reaffirms the decision we took far before Covid-19, that we’re investing in the right people and a business set for even greater success.”
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