Kick Sport Ltd, a Peterborough, UK-based online martial arts e-retailer, raised £250k in funding.
The backer was Catapult Growth Fund.
Led by Executive Chairman James Rolfe, Kick Sport is a martial arts equipment specialist supplying the Karate, Judo and Taekwondo market. Items include uniforms and belts, protection training training products and accessories.
The company intends to use the funds to develop and launch a subsidiary business called Umkiki, a white label version of the Kick Sport website which will enable martial arts clubs and associations to sell directly to their members. It will also be applicable to a range of other sports and leisure activities such as dance clubs and studios, horse riding centres, as well as gym, pilates and yoga instructors.
FinSMEs
02/06/2013