Bailie Gifford and an undisclosed second investor supplied the capital at a flat valuation, taking the Rocket Internet-backed company's total funding to about $365m.

HelloFresh, the Germany-based meal kit delivery service backed by e-commerce group Rocket Internet, has received €85m ($88m) in funding from investment firm Bailie Gifford and an unnamed new investor, Gründerszene reported yesterday.

Founded in 2011, HelloFresh operates a subscription-based service that allows customers to order meal kits that are delivered weekly. They contain recipes along with the ingredients required to make the dishes.

Rocket Internet’s stake in the company was diluted from 56% to 53% in the latest round, which…