Manchester-Based Luxe Smart Sportswear Startup Prevayl Bags £7.5M For Its Intelligent Garment
06/07/21, 12:24 PM
Location
manchester
Money raised
€7.5 million
In a recent development, Prevayl, a luxe ‘smart’ sportswear company, has secured £7.5M in funding from Stonebridge – the digital-first consumer brand investment firm.
Company Info
Location
manchester, new hampshire, united states
Additional Info
The new funding will be used to kit out state-of-the-art laboratories and fitness areas with data testing facilities, new hires, garment design, continued innovation, and IP creation, and developing an infrastructure that will facilitate growth, says the company. The Manchester-based company has an elite team of experienced apparel designers, hardware developers, intellectual property experts, and marketers from GymShark, The Hut Group, VF Corporation, Lacoste, and Burberry, among others. Prevayl is the perfect example of the type of company which we love to back.