United Kingdom · 
Who invested in Huel?
Huel's investors include Highland Europe and Morgan Stanley Investment Management.
20192020202120222023
$26MRound$113MRound$83MGrowthUnited Kingdom · Growth startup
Who invested in Huel
3 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Funding summaryUpdated 26 Oct 2026
$222Mraised across 3 rounds since 2018, from 3 sources
$26MRound$113MRound$83MGrowth
- Latest round
- Growth, $83MOct 2023
- Biggest round
- $113MRound · Oct 2022
- Investors
- 2
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $26M Oct 2018
- Biggest round
- $113M Round · Oct 2022
- Usual gap between rounds
- 4 years the median of 2
The rounds
- Oct 2023
- Oct 2022Round$113M
No investor was named in the report.
Shares issued, filed with Companies House (SH01); no report of this raise yet
- Oct 2018
Funding filed with regulators
Huel filed 2 raises, $57M in all. Filings say how much was sold and to how many investors; they never name the investors.
- Dec 2022$34MUK share allotment
- Oct 2022$22MUK share allotment
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 2 firms list Huel as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Huel
How much has Huel raised?
Huel has raised $222M across 3 rounds since 2018.
When did Huel last raise?
Huel's most recent round was a Growth of $83M in Oct 2023.
What was Huel's biggest round?
Huel's largest round on record is $113M, in Oct 2022.
Who backed Huel first?
Huel's first round on record, in Oct 2018, was backed by Highland Europe.
What stage is Huel at?
Huel's latest named round is a Growth, in Oct 2023.
Where is Huel based?
Huel is based in the United Kingdom.
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