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Newfund Invests in French Carbon Bike Brand

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The investment fund Newfund is dedicated to support active companies with a strong entrepreneurial spirit. Recently Newfund selected Globike, owner of the innovative carbon frame brand CKT.

Newfund Invests in French Carbon Bike Brand

LA CIOTAT, France – The investment fund Newfund is dedicated to support active companies with a strong entrepreneurial spirit. Recently Newfund selected Globike, owner of the innovative carbon frame brand CKT.

Convinced of the market potential of this company Newfund invested € 1.5 million in Globike to support further growth. In the past two years Globike already made its appearance in the road race scene with the Continental team La Pomme-Marseille.

“This investment gives us the tools and the means to establish the brand CKT in the international cycling scene”, says Remi Chenu, GM of Globike who founded the company in 2001. “The money will be used to step up our R&D dedicated to carbon fibre products and internationalization.”

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