Connect with us

Business

Zwift raises a further US$450 million, now likely valued at over US$1 billion – CyclingTips

Earlier today Zwift announced a US$450 million (approx AU$625 million) “series C” investment, something that will provide substantially more funding to

Published

on

post featured image

Earlier today Zwift announced a US$450 million (approx AU$625 million) series C investment, something that will provide substantially more funding to the six-year-old company than its previous seven investments combined. According to Bloomberg, this latest round of investments values the company at over US$1 billion.
Leading this latest round was global investment firm KKR, a diversified assets company with strong investments in tech ventures. Others joining in on the investment include Specia…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending