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INDUSTRY FIRST

Manchester-Based Luxe Smart Sportswear Startup Prevayl Bags £7.5M For Its Intelligent Garment

Jun 07, 2021•about 4 years ago

Amount Raised

€7.5 Million

Manchester

Description

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 Information

Company

Prevayl

Location

Manchester, New Hampshire, United States

About

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.

Company News

(6 articles)

Mon, 07 Jun 2021 07:00:00 GMT

Prevayl secures £7.5 million Seed investment led by Stonebridge - UK Tech Investment News

Mon, 22 Nov 2021 08:00:00 GMT

A little-known company made smart fitness clothing you might actually wear at the gym - Engadget

Fri, 28 Feb 2025 08:00:00 GMT

Prevayl Innovations Limited vs Whoop Inc. - Solicitors Journal

Fri, 11 Mar 2022 08:00:00 GMT

Prevayl: The Manchester tech brand bringing sportswear into ‘a new generation’ - The Manc

Mon, 07 Jun 2021 07:00:00 GMT

Sportswear start-up Prevayl scores £7.5m investment as market picks up pace - City AM

Tue, 05 Apr 2022 12:08:27 GMT

Staff from Manchester-based smart sportswear brand tackle 50km billboard run - The Manc

FundzWatch™ Score

Medium Activity