ChemistDirect, a UK-based online chemist shop, has raised just under $10m in funding led by venture capital firm Atomico, a previous investor. Other investors include DMG Media, the consumer media division of newspaper publisher Daily Mail & General Trust, and corporate finance house Lepe Partners.
Previously, in 2009, Atomic invested £3m ($4.5m) in ChemistDirect.
The$10m funding will be used to expand the company’s product offering in health and beauty.
Stuart Rowe, chief executive officer of ChemistDirect, said: “What we care about is giving families products and advice they can trust at a price they can afford. We’re excited that this new investment means we can do even more.”
ChemistDirect was founded in 2007 by Mitesh Soma.