Meal kits provider Gousto attracts £28.5m in backing

One of Britain’s fastest-growing start-ups still has the appetite for expansion after securing £28.5 million in fresh backing.

Gousto delivers ready-to-cook “meal kits”, comprising pre-measured ingredients and recipes, to customers across Britain. It claims to deliver more than a million meals a month. The company says its meals cost £2.98 each.

The funding was provided by Hargreave Hale, a wealth manager, Angel CoFund, a business angel syndicate, and MMC Ventures and BGF Ventures, the venture capital firms. The cash will be used to expand the company’s 371-strong team and to improve technology that helps to predict customers’ ordering patterns.

See the full article on The Times website here