Modern Milkman has secured a £10m investment to accelerate growth across the UK, expand its presence in the US and develop new sustainable doorstep services. The total financing amounts to over 60 million pounds.
The Manchester-based company said the funding will support the further development of its doorstep delivery model as it builds a broader logistics platform designed to make sustainable grocery shopping easier and more convenient for households.
The investment comes from Salica Investments and is the first direct-to-consumer deal backed by Salica’s Growth Debt Fund. Modern Milkman said the support reflects investors’ growing confidence in circular economy models that combine sustainability with scalable infrastructure.
Founded in 2019 by Simon Mellin, Modern Milkman now supplies milk and food in reusable packaging to more than 100,000 homes across the UK. The company expanded into the United States through a strategic acquisition in January 2024 and currently operates in Connecticut, Massachusetts, Rhode Island, Ohio and New York.
Mellin said the investment would allow the company to go beyond its original Milk Round concept and introduce a new generation of integrated services.
“Modern Milkman has built a strong, distinctive and practical offering for homes across the UK,” he said. “This timely investment from Salica will enable us to exceed our customers’ expectations and expand into a broader range of integrated doorstep services.
“Our growth and customer satisfaction demonstrate that there is clear demand for sustainable alternatives. With this support, we are well positioned to scale while helping households reduce their environmental impact.”
The company plans to use its existing delivery infrastructure to introduce additional services that fit 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 skills and long-term vision.
“Modern Milkman is a company with exceptional leadership and a clear strategy,” he said. “Its commitment to sustainability and circular economy creates long-term value while addressing global environmental challenges.”
The latest round of funding represents an important milestone for Modern Milkman as the company seeks to establish itself as a global leader in sustainable, door-to-door delivery at a time when consumers and investors are increasingly placing greater importance on environmental sustainability and low-waste living.
