Cycling

Eat Sleep Cycle Secures Capital Investment

By September 7, 2022 No Comments
Capital investment bloc featured image

Big news from Eat Sleep Cycle! In the words of Co-Founder Lee:

After our successful crowdfunding campaign in the summer of 2021, when our community came together to raise over €30,000 to open the Eat Sleep Cycle Cafè, we are thrilled to announce that Eat Sleep Cycle SL has now secured capital investment.

We will use the funds primarily to grow our tours business, as we speak we are developing new cycling tours in new locations worldwide. We will also grow our tours team which is working from our new headquarters in Fornells de la Selva, just outside of Girona. We will continue to find the best local cycling guides and guarantee them work for years to come. Our focus is on a 5* repeatable cycling tour product for our guests.

Of course retail, which has grown exponentially over the last 3 years, will continue to be an important part of our business and we will focus more online. We have a unique business model which combines cycling experiences and retail.

Sustainability is core to everything we are doing and from installing solar panels to updating our vehicle fleet to electric, from stocking more sustainable cycling products to investigating zero footprint cycling tours, we will use the funding to become a more sustainable business.

Our investors whom we have known since 2018, come from Chicago. We have ridden across the Pyrenees, Dolomites and French Alps together. So they know us well and see the growth potential in our business. The wealth of experience, knowledge and contacts they bring us will be invaluable in the coming years. 

For Louise and I, this investment comes after 6 years of hard work, half of which has been through the pandemic involving travel bans. We have stuck to our core ethos of cycling as a way of life; for sport, for commuting to work, for mental health and lower environmental impact, for traveling and experiencing new cultures. We are super excited for a bright and prosperous future together with our staff team, customers & suppilers.

Want to find out more?

For more informaiton contact founder Louise at [email protected]

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