2 years ago

Castore Secures £145 Million in Growth Funding

  • Castore, a Manchester, UK-based performance sportswear brand and provider of a digital platform for sports teams, raised £145M in growth funding from Raine Partners, Hanaco Ventures and Felix Capital

  • The company plans to use the funds to consolidate its position in the sportswear market and global team sports landscape and invest in its people and infrastructure systems

  • Castore has partnered with 50 franchises globally, including those in Football, Tennis, Motorsports, Rugby and Cricket.

      • ProblemTechnology

      "Sports teams struggle to manage their fan engagement, online and offline retail operations, and supply chain effectively, leading to missed opportunities for revenue growth and brand building."

      Solution

      "Castore offers a digital platform that handles all aspects of a team's retail operations, from online sales to physical stores, events, and fan engagement. They provide high-quality sportswear, innovative supply chains, and data-driven insights to help teams reach their full potential."

      Covered on