Blue Apron’s $78M serving

Shares of meal-kit delivery company Blue Apron Holdings Inc. closed up 44.6 percent to $5.61 Wednesday, following the company saying it plans to raise $78 million of equity, including investments from Joseph Sanberg, a founding investor, and Matthew B. Salzberg, chairman, co-founder and former chief executive.

Blue Apron said it plans to use the proceeds to accelerate growth, increase wages and benefits and build sustainability.