- Type of finance
- Business need
Growing a business
“We’ve spent our lives developing and racing, now is the time to bring Atherton Bikes to the trails. The support we’ve had from Angels Invest Wales and the investors we’ve met through them has been amazing and will support us as we bring our first bikes to market.”
Passionate about cycling, the Atherton family - Dan, Gee and Rachel - founded Atherton Bikes in 2019. The brand builds on their success as the Atherton Racing team. Between them the siblings hold 49 World Cups, eight World Championships, seven World Cup overalls and 19 national titles.
They have partnered with leading aerospace engineers, product designers and experienced entrepreneurs to disrupt the mountain bike industry. Lead investor Rhys Owen led a syndicate of eight angel investors from North Wales raising over £76,000 with a further £76,000 from the Wales Angel Co-investment Fund. The first bikes are on sale and are already being shipped to customers around the world.