16 July 2019
Taylor Wessing has advised the UK’s largest online meal-kit manufacturer, Gousto, on its latest £30 million fundraising round.
Led by private equity investor Perwyn, the investment takes the total funds raised by Gousto to over £100 million.
Gousto will use the investment to evolve its technology proposition, so it can continue to lead the recipe box category and grow its share of the 1 billion home-cooked meals eaten in the UK weekly.
This is the third funding round that Taylor Wessing has advised Gousto on.
The team was led by corporate technology partner Angus Miln, with support from senior associate Adam Thatcher and associate Alex Dodds.
Commenting on the transaction, head of the UK Corporate Technology group and partner, Angus Miln said: "Gousto is a leader in the recipe box category and its use of AI and automation to facilitate its offering makes it an exciting prospect for the future. We share this ethos of transforming the markets we operate in through cutting-edge technology and we are pleased to have brought our depth of experience to bear."
by Angus Miln and Philip Shepherd
by multiple authors
We are delighted to have advised Monzo Bank on its oversubscribed Series H funding round.
by Angus Miln and Harry Ruffell