Manchester-based Praetura Ventures backed the round to support the online grocery provider's ongoing scaling and sustainability initiatives.
"We are far from alone in our admiration of Modern Milkman, which has grown at a highly impressive pace and is now eyeing global expansion. As well as the company’s unique and innovative approach to the grocery sector, what attracted us are its highly authentic sustainability pledges and plans to significantly curb plastic use. The business and its founder Simon represent a new generation of Northern businesses, that are transcending sectors and putting the region at the forefront of UK innovation."
The round was led by Blackfinch Ventures with participation from Praetura Ventures and the British Robotics Fund.
"Interest in intelligent chat solutions has exploded, as more organisations realise that this is accessible platform technology they can deploy instantly which completely changes how they deliver customer service. It is testament to our progress as a business and the appetite from our customers that we’re welcoming Blackfinch as an investor, along with increased support from Praetura and the British Robotics Fund."
