Tag Archives: investment

Wilier Triestina aims for UK and international growth with new shareholder

Wilier Triestina has announced a new shareholder, Pamoja Capital, to support the brand with UK and international growth. The Italian company, founded in 1906, will remain in the hands of the Gastadello family. Currently, 3.5% of Wilier sales are from the UK. Andrea Gastaldello, CEO of Wilier Triestina SpA, said: …

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Plans for sustainable travel schemes to go before West Yorkshire Combined Authority’s Investment Committee

Plans for more than £7 million of new sustainable travel schemes will be among the items presented to members at an online meeting of the West Yorkshire Combined Authority’s Investment Committee on 11th August. A £6 million package of bus, cycling and walking improvements between North Kirklees and Leeds are …

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Buzzbike raises £1.7 million in latest funding round

London-based bike subscription platform Buzzbike has raised £1.7 million in its latest funding round. Buzzbike has raised funds from a variety of sources, including the UK Government’s The Future Fund, sports tech accelerator leAD (and its family of shareholders, including the Adidas family), Cooper (the company behind the Mini Cooper) …

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Cowboy raises €23 million in Series B funding

Cowboy has completed its Series B funding round, totalling €23 million. Leading the round is Exor Seeds, the early-stage investment arm of Exor, controlling shareholder of Ferrari and FCA, HCVC, and Isomer Capital, joined by Future Positive Capital and Index Ventures. Adrien Roose, co-founder and CEO, said: “We’re thrilled about …

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£38 million to make Wales safer for cycling, scooting and walking

The Welsh Government has announced £38 million to make the country a safer place to cycle, scoot and walk. Together with the £15.4 million announced last month, this is the “largest-ever” investment in local active travel improvements in Wales, which will fund projects to make it safer for children and …

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OnBuy closes Series A funding round

UK-based e-commerce business OnBuy is set to launch globally this summer after securing a £5 million investment. OnBuy’s founder and CEO Cas Paton is projecting the business to be turning over £2 billion in sales by 2024. Following a 1,100% sales increase in the past year, and now closing this …

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Zedify raises over £300,000 from private investors

Zedify has announced the completion of its first external funding round, having recently raised over £300,000 from a group of private investors led by Green Angel Syndicate (GAS). Antoine Pradayrol, director and analyst at Green Angel Syndicate, who joins the Zedify board as investment director, noted the work Zedify has …

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West Yorkshire Combined Authority plans long-term recovery from COVID-19

A package of schemes that will transform the way people can travel across the region, as well as support the region’s long-term recovery from the COVID-19 pandemic, are being presented to members of West Yorkshire Combined Authority’s Investment Committee. The virtual meeting, being held on 9th June, will hear details …

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Leeds’ £6.9m investment in cycling and walking accelerated by COVID

Construction work to further boost West Yorkshire’s cycle and walking network, which will play a vital role in the region’s recovery from the COVID-19 pandemic, has been brought forward as part of the West Yorkshire Combined Authority’s emergency response in partnership with Leeds City Council. Work has started on a …

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VanMoof attracts £11 million investment from Balderton and SINBON

VanMoof has announced a total €12.5 million (£11 million) investment from venture capital firm Balderton Capital and assembly partner SINBON Electronics. The funds will support the brand’s international expansion as it scales up to meet increased demand. The investment follows the launch of the new electric VanMoof S3 and X3 …

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