Portfolio
5
companies
Gousto
Gousto provides a meal kit delivery service for home cooking.
Graphcore
Graphcore develops specialized processors designed for artificial intelligence workloads.
Hivemind
Hivemind develops software systems for financial institutions.
Kraken
Kraken provides an operating system for utilities and energy providers.
Lyst
Lyst operates a global fashion technology platform and search engine for clothing and accessories.
The financing values the former Octopus Energy subsidiary at $8.7bn and marks its official separation as a standalone technology provider.
"Kraken is in a class of its own, in terms of technology, capability, and scale. As an independent company with world-class backers and outstanding leadership, it will be free to grow even faster and is set to be a true UK-founded success story."
The meal-kit retailer raised the capital from backers including SoftBank, Fidelity International, and Railpen.
"This successful Placing follows the primary capital raise announced in January and is further testament to the relevance and appetite for Gousto’s leading recipe box solution, as we meet an accelerating consumer need to eat healthily and sustainably, at value."
Fidelity International backed the pre-IPO round alongside existing investors to support platform development.
"Lyst is building the future of fashion shopping with a data-driven, highly personalised approach."
The Series E round was led by Ontario Teachers' Pensions Plan to fund global expansion and product development.
The round was jointly led by Fidelity International and Barclays.
