No Result
View All Result
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
Smart Investment Today
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Smart Investment Today
No Result
View All Result
Home Investing

Modern Milkman raises £10m to scale sustainable doorstep delivery

by
January 28, 2026
in Investing
0
Modern Milkman raises £10m to scale sustainable doorstep delivery
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Modern Milkman has secured a £10 million investment to accelerate growth across the UK, expand its US footprint and develop new sustainable doorstep services, taking its total funding to more than £60 million.

The Manchester-based business said the funding will support the continued evolution of its doorstep delivery model, as it builds out a broader logistics platform designed to make sustainable grocery shopping easier and more convenient for households.

The investment comes from Salica Investments, marking the first direct-to-consumer business backed by Salica’s Growth Debt Fund. Modern Milkman said the backing reflects growing investor confidence in circular-economy models that combine sustainability with scalable infrastructure.

Founded in 2019 by Simon Mellin, Modern Milkman now delivers to more than 100,000 households across the UK, supplying milk and groceries in reusable packaging. The company expanded into the US in January 2024 through a strategic acquisition and currently operates in Connecticut, Massachusetts, Rhode Island, Ohio and New York.

Mellin said the investment would allow the business to move beyond its original milk round concept and introduce a new generation of integrated services.

“Modern Milkman has built a strong, distinctive and convenient offering for households across the UK,” he said. “This timely investment from Salica enables us to go beyond customer expectations and unlock a broader range of integrated doorstep services.

“Our growth and customer satisfaction show there is clear demand for sustainable alternatives. With this backing, we’re well positioned to scale while helping households reduce their environmental impact.”

The company plans to leverage its existing delivery infrastructure to introduce additional services that fit within its circular economy approach, reducing waste and emissions while improving customer convenience.

Usman Ali, partner in Salica’s Growth Debt Fund, said Modern Milkman stood out for both its leadership and long-term vision.

“Modern Milkman is a business with exceptional leadership and a clear strategy,” he said. “Its commitment to sustainability and the circular economy creates long-term value while addressing global environmental challenges.”

The latest funding round represents a significant milestone for Modern Milkman as it seeks to establish itself as a global leader in sustainable doorstep delivery, at a time when consumers and investors alike are increasingly focused on environmental impact and low-waste living.

Read more:
Modern Milkman raises £10m to scale sustainable doorstep delivery

Previous Post

Millions saved by UK households through allotments

Next Post

LVMH results point to prolonged pressure across the luxury market, says GlobalData

Next Post
LVMH results point to prolonged pressure across the luxury market, says GlobalData

LVMH results point to prolonged pressure across the luxury market, says GlobalData

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • Trending
    • Comments
    • Latest

    Gold Prices Rise as the Dollar Slowly Dies

    May 25, 2024

    Richard Murphy, The Bank of England, And MMT Confusion

    March 15, 2025

    We Can’t Fix International Organizations like the WTO. Abolish Them.

    March 15, 2025

    Free Markets Promote Peaceful Cooperation and Racial Harmony

    March 15, 2025

    Schometer Honored for Higher Education Technology at Bett 2026 in London, PagePeek Set to Showcase Presence

    0

    Ana-Maria Coaching Marks Milestone with New Book Release

    0

    New Bonded Warehouse Facilities Launched in Immingham

    0

    From Corporate Burnout to High-Performance Coach: Anna Mosley’s Inspiring Journey with ‘Eighty’

    0

    Schometer Honored for Higher Education Technology at Bett 2026 in London, PagePeek Set to Showcase Presence

    January 29, 2026

    “Discovering the Wonders of the Ocean: A Comprehensive Guide in the World Ocean Review”

    January 29, 2026

    A New Approach to Academic Assessment: Why the Traditional “Grade My Essay” System is Evolving

    January 29, 2026

    PlanetWest Launches Revolutionary Midac G2 Technology to Combat Carbon Emissions in Major Cities and Drive Climate Progress Globally

    January 29, 2026

    Recent News

    Schometer Honored for Higher Education Technology at Bett 2026 in London, PagePeek Set to Showcase Presence

    January 29, 2026

    “Discovering the Wonders of the Ocean: A Comprehensive Guide in the World Ocean Review”

    January 29, 2026

    A New Approach to Academic Assessment: Why the Traditional “Grade My Essay” System is Evolving

    January 29, 2026

    PlanetWest Launches Revolutionary Midac G2 Technology to Combat Carbon Emissions in Major Cities and Drive Climate Progress Globally

    January 29, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved

    No Result
    View All Result
    • News
    • Economy
    • Editor’s Pick
    • Investing
    • Stock

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved