Tag Archives: investment

Whyte Bikes has partnered with specialist investment firm Cairngorm Capital Partners LLP. This partnership will allow the British bicycle manufacturer to develop its product portfolio, including broadening its range of e-bikes. It gains brand management expertise and international sales experience via Cairngorm Capital, to develop its brand presence in existing …

Sigma Sports has received new minority investment provided by Primary Capital Partners, with the balance of funding coming from debt facilities provided by HSBC. Primary is a provider of private equity finance for UK-based growth companies valued between £20 million and £100 million. Its deal team was led by Graham …

London-based tech company Vivacity Labs has secured £5 million of Series A funding in a VC round led by investor Mobeus, with additional funding from existing investors Downing Ventures and London Co-Investment Fund. Vivacity Labs works with government, regional bodies and local councils to rethink and optimise the way traffic …

Rotherham-based Planet X has secured a £3.225 million funding package through Santander UK. In 2020, Planet X’s 50 employees acquired the business from its founders and set up an Employee Owned Trust. The business has now moved its banking to Santander UK and is accessing a range of facilities to …

Rad Power Bikes has announced a minority investment of $150 million. The investment is from Counterpoint Global (Morgan Stanley), Fidelity Management and Research Company, The Rise Fund, the global impact investing platform managed by TPG, and funds and accounts advised by T. Rowe Price Associates. Existing investors Durable Capital Partners …

Groupe Bruxelles Lambert (GBL) has signed a definitive agreement to acquire a majority stake in Canyon Bicycles. Founder Roman Arnold will remain the chairman of the advisory board and reinvest a significant part of his proceeds alongside GBL. As part of the transaction, significant minority shareholder TSG Consumer Partners will fully …

A UK-based e-bike developer has won investment from Innovate UK’s Sustainable Innovation Fund. CrownCruiser Motors was awarded £139,970 to support the development of the Rapture e-bike as part of a dedicated COVID-19 innovation recovery fund. The grant will enable CrownCruiser to set up an operations and assembly centre in Sheffield, …

Amp Human has added British Olympian and Tour de France champion Geraint Thomas to its athlete roster and investor list. The partnership marks a two-year agreement that will see Thomas as an active advisor to Amp Human as it expands its human performance portfolio. Thomas, who will also be a …

FreeFlow Technologies (FFT) has secured £1.85 million from a funding round, which will support a move to a new headquarters and R&D facility in East Kilbride and further strengthen the team with senior technical positions and assembly engineers recruited. “FFT’s ‘novel’ patented e-bike transmission system is more lightweight, compact and provides …

Silverfish has reported significant sales growth during the summer, with a 56% increase from June to October versus the same period last year. This has led to year-on-year sales growth of 21%, and has meant the company can continue “investing with confidence”, said managing director Darren Mabbott. “Whilst we are …