SCA Investments Limited

SCA Investments Limited is a UK-based provider of meal kit delivery services, offering customers a range of fresh ingredients and easy-to-follow recipes for convenient home cooking. SCA Investments Limited, founded in 2012 and headquartered in London, UK, specializes in meal kit delivery, allowing customers to prepare meals at home with ease. The company has successfully completed a total of 16 deals, with the most recent funding round occurring on February 1, 2023, where it raised GBP 50 million from notable investors including Fidelity Investments and Unilever Ventures. The company is led by CEO and founder Timo Boldt, who has experience in the food delivery sector.

The total amount raised by SCA Investments Limited is GBP 50 million, which matches their latest round of funding, valuing the company at GBP 281. 68 million. Gousto specializes in delivering recipe boxes that contain fresh ingredients and step-by-step cooking instructions, enabling customers to prepare meals from their homes. With over 500 recipes available monthly, Gousto caters to various dietary preferences such as vegetarian, vegan, gluten-free, and dairy-free.

The service focuses on simplifying meal planning and reducing food waste through precise ingredient quantities, addressing the challenges of modern cooking, culinary variety, and healthier meal options. Gousto operates throughout the United Kingdom, serving both urban and suburban markets. In the most recent fiscal year of 2023, Gousto generated revenue totaling GBP 383. 94 million, while reporting an EBITDA of GBP -12.

83 million. The company operates on a subscription-based model where customers can select weekly or bi-weekly recipe boxes tailored to their chosen meals, allowing for a direct transaction model that enhances customer experience. In February 2023, SCA Investments Limited raised GBP 50 million in funding to navigate the current volatile economic landscape. The company aims to utilize these funds to enhance its operational capabilities and possibly expand its product offerings.

Specific details regarding new products or market expansion have not been disclosed; however, investment in improving logistics and customer satisfaction is anticipated.