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Birmingham Post

Business

Jon Robinson

Wattbike receives multimillion-pound boost to help fund 'ambitious global expansion plans'

Wattbike British Cycling Manchester City Manchester Piper

Static exercise bike brand Wattbike has secured a multimillion-pound boost to help fund its "ambitious global expansion plans".

The West Bridgford-based company has agreed a £3.25m asset-based lending facility with Praetura Commercial Finance in Manchester.

The funding will help the business invest in its Hub App as well as target key global territories in the North America and Asia-Pacific regions.

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