Modern Milkman

Investor: Salica Investments

Modern Milkman has secured a £10 million investment to accelerate growth across the UK, expand its US footprint and develop new sustainable doorstep services. Summary of transaction details: Value: £10 million Sector: Logistics & Transport Advisor: N/A Key Entities: Modern Milkman, Salica Investments Location: UK, US Note: The investment reflects growing investor confidence in circular-economy models that combine sustainability with scalable infrastructure.

Investor: Salica Investments

Modern Milkman, the Manchester-based sustainable grocery delivery business, has successfully raised £10 million in investment from Salica Investments. This latest funding round brings the company's total capital raised to over £60 million, earmarked for the continued expansion of its doorstep delivery model and the development of a broader logistics and services platform across the UK.Summary of transaction details:Value: £10 million (taking total funding to £60 million)Sector: Sustainable Grocery Delivery, EnviroTech, RetailTechAdvisor: Not disclosedKey Entities: Modern Milkman (Target), Salica Investments (Investor)Location: Manchester, UK (Target); London, UK (Investor)Note: This investment marks Salica's first direct-to-consumer deal from its Growth Debt Fund, highlighting a strategic focus on backing scale-up strategies and long-term sustainability within the circular economy. The funding will enable Modern Milkman to enhance its existing delivery infrastructure, roll out integrated services, and cater to growing consumer demand for low-waste, convenient household solutions.

Investor: Insight Partners, Praetura Ventures, ETF Partners, Avery Dennison

Investor: Praetura Ventures

Investor: Insight Partners