Tech Company Financing Transactions
Modern Milkman Funding Round
On 11/21/2022, Modern Milkman raised $59.4 million in investment from Avery Dennison, ETF Partners and Insight Venture Partners.
Transaction Overview
Company Name
Announced On
11/21/2022
Transaction Type
Venture Equity
Amount
$59,360,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to increase research and development into new product innovation, pioneering technologies and supporting global expansion strategies.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
13 New Market St Colne
London, England, BB8 9BJ
UK
London, England, BB8 9BJ
UK
Phone
Undisclosed
Website
Email Address
Overview
Our business started as a local milkround inspired by David Attenborough's Blue Planet and the need to reduce plastic waste. In the space of a few short years, we've grown from four friends and a truck to a vast network of milkmen and women working tirelessly to reduce consumer waste.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Simon Mellin
Chief Financial Officer
Lambro Anastasiou
Chief Operating Officer
Dominic Williams
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