Zwift secures $120 million with aims to expand esports and play a leading role in the future of professional cycling

The company wants to become the first true esport of its kind

Online cycling platform Zwift has secured a $120 million funding boost, which it aims to put into expanding its esports catalogue as well as its presence in running.

Founder Eric Min has said he wants Zwift racing to become the "first true esport of its kind” and that he believes the platform will "play a leading role in the future of professional cycling.”

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