Le Col, a London, UK-based cycling brand, raised £2.35m in funding.
Puma Private Equity made the investment and has an option to increase it to £3.5m.
The company intends to use the funds to continue to expand its business reach.
Founded in 2011 by ex-professional cyclist Yanto Barker, Le Col develops and offers a technical cycling kit made in their own factory in Treviso, Italy.
The company, which has raised £1m in crowdfunding in 2017, partners with Eurosport, Strava, MatchesFashion and Sigma Sports.This year, the brand partnered with Bradley Wiggins to create his own range of products with the brand.