Business Growth Fund has provided follow-on funding for the drinks chains operator, returning for a second time and boosting its total commitment to more than $12m.

UK-based drinks franchises owner TD4 Brands has obtained £4.9m ($6.8m) from Business Growth Fund (BGF), the venture capital fund backed by Britain five largest banks, Startups.co.uk reported on Monday.

Founded in 2007, TD4 Brands operates a smoothie and fruit juice chain named Boost Juice Bars and a milkshake chain dubbed Shake Lab. It was launched by Richard and Dawn O’Sullivan, who are also the founders of retail baked goods chain Millie’s Cookies.

TD4 plans on opening an additional six locations…