The food subscription service has increased its total funding to nearly $280m.
Germany-based meal subscription service HelloFresh, backed by e-commerce group Rocket Internet, has received $84.7m in funding from investment firm Baillie Gifford, TechCrunch reported today.
The investment valued HelloFresh at €2.6bn ($3bn). Rocket Internet retains a majority stake of 57.2%.
Established in 2011, HelloFresh operates a service that delivers exact portions of ingredients along with recipes to subscribers. The company claims its offering eliminates food waste and the need to plan and shop for meals.
HelloFresh previously raised approximately $193m in…
