The Series C financing round was led by Singular with participation from dmg ventures, Lansdowne Partners, Kathaka, Felix Capital, and Beringea.
"Taymoor and the Papier team have completely reinvented stationery for today’s consumer. They’ve taken the traditional charm, sophistication, and personalised touch of the offline paper world, and merged it with a seamless, tech-driven consumer experience and production process. I’ve been so impressed with the team’s vision, ambition, and consumer-first values. We at Singular are thrilled to partner with Papier on taking this world-class brand to even greater heights."
The London-based eCommerce start-up raised the capital from angel investors including backers from Snap, Catch and MoneySupermarket.
"Online shopping is broken with frustrated Shoppers having to open an explosion of tabs just to find a pair of sneakers in a size that fits. I’m not prepared to accept or adapt to that experience. We’ve come a long way since I took out a personal loan to bootstrap the company and this latest round of funding will enable us to turbo-charge the business. Offering our registered aisle 3 Shoppers a single basket across any retailer is possibly the most exciting opportunity in e-commerce right now. We’re always hiring and looking forward to hearing from commercial partners, investors and potential team members ahead of our visit to Shoptalk [in Las Vegas] at the end of March "
The Series B round was led by Lightspeed, 468 Capital, and BroadLight Capital, with backing from Formula One legend Lewis Hamilton.
"We’re on a long-term journey to build a technology-enabled supply chain that can deliver 1000s of products to 100s of millions of customers around the world faster and more sustainably than any other supply chain can today. With this new capital we will focus on achieving profitability in our existing markets as well as bringing Zapp to new customers globally."
SoftBank Vision Fund 2 led the equity investment with additional debt financing provided by HSBC and Barclays.
"2022 is set to be another impressive year for Gousto, as we capitalise on the accelerated mega trends driving change in the grocery market: convenience, health, sustainability. This successful raise is further testament to the relevance and appetite for our recipe box solution."