German cycling e-commerce specialist Bike24 received an equity investment from The Riverside Company.
The amount of the deal was not disclosed. Berenberg Bank provided financing for the transaction.
The company will use the funds to continue to grow operations.
Bike24 offers an array of bicycle components and related equipment to consumers across Europe and around the world. Their website is available in German and English and offers more than 50,000 items from more than 600 different brands.