Deals

mkAarmFuFunds advised by Baillie Gifford, a UK investment manager, will invest around €75m in Rocket Internet Start-up HelloFresh.

HelloFresh operates a delivery service for homecooked meals and is now delivering over 4 million meals per month to households for home cooking in seven countries.

HelloFresh is currently valued at €2.6bn. The main shareholder is Rocket Internet SE.

Further investors currently include Insight Venture Partners, Phenomen Ventures and Vorwerk Direct Selling Ventures.