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Birmingham Post
Birmingham Post
Business
Laura Watson

REAP Bikes extends crowdfunding campaign after hitting £300,000 target with weeks to spare

REAP Jason Kenny

A North Staffordshire bike manufacturer has extended its crowdfunding campaign – after hitting its £300,000 target with weeks to spare.

REAP Bikes, which is based in Newcastle-under-Lyme, has reached its initial fundraising target three weeks early after attracting investment from more than 180 contributors.

Now the company – which is being backed by Olympic cycling legend Sir Jason Kenny – has released additional equity in the business to enable more people to invest.

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