SoftBank Increases Stake in U.K. Retailer Gousto
- SoftBank’s latest investment follows $100 million last month
- Firm says Gousto has ‘disrupted’ traditional grocery sector
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SoftBank Vision Fund 2, the equity arm of the Japanese tech giant, has increased its stake in Gousto, a U.K. meal-kit company.
The Vision Fund led a $230 million secondary placing for Gousto, replacing other investors. SoftBank already invested $100 million in the online food subscription service last month in a round that valued Gousto at $1.7 billion.