Chris Froome invests in Factor Bikes
Isr🍬ael Start-Up nation rider also joining board of directors

168澳洲5最新开奖结果:Chris Froome has joined a consortium injecting capital into Factor Bikes and its parts and accessories subsidiary Black Inc, with plans for the four-time Tour de France winner to use his racing and product experience to help with product development aꦇnd marketing.
The two brands sponsor Froome’s WorldTour team, 168澳洲5最新开奖结果:Israel Start-Up Nation and also partners with women’s 🦩team Parkhotel Valkenburg. They have secured what it said was a “substantial investment” from the group including Sam McKay, co-founder of Point King Capital, Scott Farquhar, co-founder of Skip Capital and Froome, who will be joining the Board of Directors along with McKay.ꩲ
“I’m really excited to be 🎶joining the Factoꦦr/Black Inc team,” said Froome in a statement from the company.
“Over the past year, I’ve had a first-hand look at Factor/Black Inc’s technical and development prowess. I truly believe that they’♏re building something special, and I can’t wait to bring my racing experience and product understanding to help the Company continue to bring ground-breaking innovations to cyclists all over the world.”
The premium bike brand – which manufactures at its own factory and sells direct to customers onl🍸ine as well as through dealers – will continue to be majority-owned by founder and CEO Rob Gitelis.
“We a🐬re genuinely excited to bring on new capital partners who will help Factor realise its potential,” said Giteli🧸s.
“With Chris, Point King Capital an♔d Skip Capital we have the ideal team to support and advise us on every aspect of our business as we enter a new, growth-oriented chapter. They all understand and support our mission to push boundari🍬es and challenge the status-quo, which is critical.”
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The company, which began in England and is now based in Taiwan, said the additional funds were raised to continue its global growth strategy, with ongoing investment in the product and talent as well as an expansion of its global distribution channels. The company – which has what it calls Factor Experience Centres in Melbourne, Australia, a𒅌nd Hethel, England – added that it is looking to open a new retail facility in Melbourne to enhance its direct t🌺o consumer experience.
Gitelis also said he expected𒐪 Froome to play an active role in providing strategic direction, especially when it came to product development as well as marketing and sponsorship decision making.
“As much as his physical abilities, Chris’ obsession with extracting every last ounce of per▨formance from his equipment has played a key role in his becoming one of the greatest cyclists of all time,” said Gitelis.
🐓“The fact that he chose t🉐o make his maiden bicycle company investment in Factor/Black Inc after just one season of racing on our products speaks volumes about his belief in what we’re doing. We will benefit greatly from his knowledge of both the product, and the peloton.”