Meal kit provider Marley Spoon (ASX:MMM) has approved structured debt transactions with two of its existing investors, amounting to $8 million in aggregate.
Supermarket giant Woolworths (ASX:WOW) will loan Marley Spoon $4 million.
US based venture capital firm Union Square Ventures will also loan $4 million.
The company entered into a $30 million strategic partnership with Woolworths in June.
Shares in Marley Spoon (ASX:MMM) closed -1.1 per cent lower at $0.45 yesterday.