Online groceries company Modern Milkman has raised £50m after closing its latest investment round.
The Colne-headquartered business, which was founded by chief executive Simon Mellin, received the backing of existing investors Insight Partners and ETF Partners during the Series C round.
As part of the fundraising drive, Manchester-based Praetura Ventures announced in July that it had invested £2.25m. Avery Dennison as well as several angel investors have also backed the company.
