5 years ago
Atherton Bikes Raises €1.6 Million for Personalized Mountain Bikes
Atherton Bikes, founded by world-champion mountain bikers Dan, Gee, and Rachel Atherton, has raised €1.6 million in funding
The company utilizes Additive Manufacturing technology to create personalized-fit, World Cup winning mountain bikes
The funding will be used to launch their e-commerce website, move into a larger facility, bring their own additive manufacturing machine in house, accelerate R&D projects, and expand sales and marketing efforts.
ProblemTechnology
"Scaling up a high-quality, personalized-fit mountain-bike brand by reducing waste and increasing efficiency in production."
Solution
"Atherton Bikes uses additive manufacturing technology to create customized bikes with a focus on customer fit, reduced waste, and fast production cycles."