Gousto slashes valuation after securing millions in additional funding

Gousto box

Meal-kit delivery service Gousto has reportedly cut its valuation after raising tens of millions of pounds in extra funding to help it through a difficult economic period.

Sources close to the company have said the non-publicised funding round took place at a “significant” discount to the $1.7bn (£1.4bn) valuation where it raised funds last year.

The subscription recipe-box service has recently tapped existing investors for £50m in the form of a share sale, according to Sky News.

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