We're close to securing institutional funding.
Very exciting news from our side, we are close to agreeing £8m in funding from an institutional investor. This will be at the same valuation to the crowdfunding round.
This level of investment will allow us to execute on our high growth business plan to make the Bike Club the first choice for family cycling. It has come sooner than we expected, but we are delighted to have this opportunity. This really will be transformational.
We would be delighted for you to join us on this journey, it is going to be incredibly exciting. Please do let us know if you have any questions.