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Earlier today Zwift announced a US$450 million (approx AU$625 million) “series C” investment, something that will provide substantially more funding to the six-year-old company than its previous seven investments combined. According to Bloomberg, this latest round of investments values the company at over US$1 billion. Leading this latest round was global investment firm KKR, a …

The post Zwift raises a further US$450 million, now likely valued at over US$1 billion appeared first on CyclingTips.

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