Gousto secures £33m investment as coronavirus boosts sales

Timo Boldt

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.”

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