The North East Venture Fund backed the Gateshead-based employee wellbeing platform to fund product development and hiring.
"We’re delighted to have raised this capital injection which will act as a catalyst to scaling our business. Our scientific approach to workplace wellbeing, combined with pioneering AI technology, ensures our clients receive evidence-based feedback and insight that really drives efficiencies and optimises employee health. We’re looking forward to reaching more clients across the globe as we develop our proposition and are excited to have the support of Mercia on our journey!"
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."
The Bristol-based start-up secured the backing from Builders Vision to advance its microplastic capture solutions.
"Builders Vision stands behind those on the frontlines working to build a more humane and healthy planet. Through their investments, they aim to drive positive change and show that the most successful businesses are purpose driven. This is intrinsically aligned to what we have set out to achieve with Matter. We are thrilled to welcome Peter and his team into the Matter family and the added value they have already brought was instrumental in our choice to bring them on to the cap table."
Guinness Asset Management led the Series A round to support team expansion and kitchen network growth.
"We are proud to take investment from such a forward-thinking, collaborative fund as Guinness. Our purpose is to be a voice for the independents, championing change and empowerment, and it’s great to see our new partners entirely bought into that mission."
.png)
