Modern Milkman laps up £50m funding

Modern Milkman Raises Additional £50M in Funding

Modern Milkman, a UK-based grocery delivery startup, has raised £50 million in Series C funding to support its global expansion plans. The company, known for its sustainable approach using returnable glass bottles, aims to utilize the funding for implementing radio frequency identification technology to track its bottles and expand its operations. The funding round was led by Insight Partners and ETF Partners, with participation from Praetura Ventures, Avery Dennison, and angel investors.

Modern Milkman Secures £50 Million to Deliver Sustainable Grocery Solutions Globally

Modern Milkman is a grocery delivery startup that uses data analytics to map out milk rounds. It delivers milk along with groceries such as eggs, butter, bread, fruit and vegetables. It is aiming to tackle plastic waste with its returnable glass milk bottles – an old business model that Modern Milkman has brought into the 21st century with a smartphone app to track customer orders.

A grocery delivery startup that uses data analytics to map out milk rounds, aiming to tackle plastic waste with its returnable glass milk bottles.

3 years ago

Modern Milkman Secures £50 Million to Deliver Sustainable Grocery Solutions Globally

ProblemFood & Beverage

Solution

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