Gousto, a London, UK-based recipe box delivery business, closed a $2m funding round.
The investment was led by MMC Ventures with participation from existing investors Angel CoFund.
The company intends to use the funds to further strengthen the product and to accelerate expansion by building up the team of chefs and nutritionists, improving the recipes; and strengthening relationships with the farm suppliers and producers.
Founded by Timo Schmidt and James Carter, Gousto delivers (across all of the UK) local, organic and seasonal ingredients with recipes.
In September, the company had raised over $500k from industry veterans and the Angel CoFund (rad here) taking their investment this year to over $2.5m.
FinSMEs
09/12/2013