MMC continue to back Gousto as the business announces another £18m funding

UK-leading meal kit company,Gousto, has raised another £18m in equity funding –
bringing the total raised since launch to £75m. Attracting new investment from global healthinfluencer, Joe Wicks, along with all existing shareholders: MMC Ventures, Unilever Ventures; Hargreave Hale; BGFVentures and Angel CoFund.

Achieving 170% YoY growth, Gousto is already ahead of its target to help families serve up 400million balanced and nutritious home-cooked meals by 2025. Delivering over 1.5 million meals amonth to customers, two-thirds of which are families, Gousto continues to transform UK mealtimeswith its recipe box service.

Increasing its investment into tech and AI following a£28.5m investmentround in March 2018,Gousto has since deployed this capital to double factory capacity. It’s also launched a customer facingAI recipe recommendation tool, through which half of customer orders are now placed. Gousto willcontinue to prioritise the majority of its investment in technology to accelerate growth.