Wattbike Secures £3.25M Funding Package – FinSMEs

Wattbike, a Nottingham, UK-based exercise equipment manufacturer, raised £3.25M through an asset-based lending facility. Praetura Commercial Finance provided the financial resources. The company intends to use the funds to further accelerate growth in the USA, Japan, Australia and Southeast Asia, and invest in its digital offering.

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