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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Michelle Arthurs-Brennan

Michelle Arthurs-Brennan the Editor of Cycling Weekly website. An NCTJ qualified traditional journalist by trade, Michelle began her career working for local newspapers. She's worked within the cycling industry since 2012, and joined the Cycling Weekly team in 2017, having previously been Editor at Total Women's Cycling. Prior to welcoming her daughter in 2022, Michelle raced on the road, track, and in time trials, and still rides as much as she can - albeit a fair proportion indoors, for now.