Modern Milkman gets £10 million investment in UK

Modern Milkman, the sustainable grocery delivery service, has secured a £10 million investment, bringing total funding to over £50 million in the UK. It was founded in the UK in 2019 by Simon Mellin and is headquartered in Manchester. Originating as a local milk round in Colne, Lancashire, the business has since grown into a national operation.

The investment will support the expansion and evolution of Modern Milkman’s doorstep delivery model, as the business continues to build its comprehensive logistics platform for households across the UK. Leveraging its established delivery infrastructure, the company plans to introduce a broader suite of integrated services designed to make sustainable choices easier and more convenient for customers.

The funding comes from Salica Investments, the UK-based investment firm, marking Modern Milkman as the first direct-to-consumer business in Salica’s Growth Debt Fund portfolio.

Founded by Simon Mellin in 2019, Modern Milkman now serves more than 100,000 households across the UK. In January 2024, the company expanded into the US through a strategic acquisition and currently operates across Connecticut, Massachusetts, Rhode Island, Ohio and New York.

Mellin said: “Modern Milkman has a strong, distinctive and convenient offering for households across the UK. This timely investment from Salica enables us to go beyond customer expectations and unlock a new generation of integrated doorstep services.

“Our growth and customer satisfaction demonstrate a clear consumer appetite for sustainable alternatives. With this backing, we’re well-positioned to scale while helping households reduce their environmental impact.”