Zwift is $450m richer

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Zwift Gets More Funding

Zwift has just secured an additional round of funding to the value of a cool US$450 from KKR, Permira, Zone 5 Ventures (Specialized!) and the Amazon Alexa Fund and others. Specifically, this is earmarked to bring HARDWARE to the market as well as bringing forward new features.

Take Out

That’s a lot of money. Lock-down II should, unfortunately, help sweeten the payback on the investment.

 

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