Gousto, the food company co-founded by Executive MBA participant Timo Schmidt, wins award at UK Business Angels Association Awards.
EMBA participant Timo Schmidt
Gousto, the specialist food company co-founded by Cambridge Judge Executive MBA participant Timo Schmidt, won the “Angel-VC Deal of the Year” award at the UK Business Angels Association Awards 2015.
The award, sponsored by the British Private Equity & Venture Capital Association, is given to a business which has received both angel and venture capital finance. Gousto had strong early angel support followed by further funding rounds from both VC firms and the corporate sector – Unilever.
Customers of Gousto order online from a “menu” of meal recipes, and then have the exact amount of ingredients delivered so they can cook at home.