<article>British recipe box company Gousto has completed a $230 million secondary placement, led by existing investor Japan&#8217;s SoftBank, it said on Thursday.</article>

British recipe box company Gousto has completed a $230 million secondary placement, led by existing investor Japan&#8217;s SoftBank, it said on Thursday.
The secondary placement follows a January fundraise of $150m in primary capital, including a $100m equity investment from SoftBank Vision Fund 2, which Gousto said valued the business at $1.7 billion.
Gousto, which offers meal-kit options with an emphasis on healthier foods, has been the subject of speculation regarding a possible initial public offering (IPO).
The new raise adds Fidelity International, Grosvenor Food &amp; AgTech and Railpen to Gousto&#8216;s share register.
Timo Boldt, Gousto&#8216;s CEO who founded the company in 2012, said Softbank&#8217;s increased investment &#8220;speaks volumes for where they see the business heading.&#8221;
Its other investors include Perwyn Private Equity, Canaccord Genuity, Unilever Ventures, and Joe Wicks, the fitness guru.
Reuters

The secondary placement follows a January fundraise of $150m in primary capital.

British recipe box Gousto raises $230m in secondary placement led by SoftBank

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British recipe box Gousto raises $230m in secondary placement led by SoftBank

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