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The deal

Type
Funding
Amount
£20M
Status
Closed
Round
Round
Post-money
Not recorded
Region
United Kingdom
Date
1 December 2022

As of this development: a later development may record new terms.

Lifecycle

  1. AnnouncedNot recorded
  2. Closed1 December 2022 · This development

Investors in this round

Highland Europe · Lead investor

Returning · led the October 2018 round

Its investor was in an earlier Huel round.

Huel’s rounds

2 rounds since 2018 · ≈ $50.5M in US$ at each round's date · as disclosed: £40M

Huel's funding rounds Minutes has recorded
DateRoundAmountPost-moneyLed byReturning
1 December 2022Funding round · this round£20M≈ US$24.4M on 1 Dec 2022—Highland Europe1 of 1
5 October 2018Funding round£20M≈ US$26.1M on 5 Oct 2018—Highland Europe0 of 1

Ownership and exit

Acquired by Danone

23 March 2026 · Acquisition · Announced · after 2 rounds since 2018 · The deal

Minutes shows stakes only when a party discloses them.

The parties

Huel Issuer

Category: Meal Replacement

3 developments · 3 deals in Minutes

Highland Europe Lead investor

2 developments · 2 deals in Minutes

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