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Article Date: February 2023
Word Count: 124

Zwift Raises $620 Million from Backers


Zwift has raised another $620 million from investors including Amazon’s Alexa Fund, KKR & Co. and Permira Holdings, according to Bloomberg, its first raise since a $450 million round in 2020 led by KKR. Zwift expects the latest investment to enable it to increase subscription prices, reach the milestone of ten million subscriptions ... Log in to view full article.

 

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