Gym+Coffee secures 17 million euros to accelerate international growth

Irish athleisure brand Gym+Coffee has raised 17 million euros in new funding led by Castlegate Investments, a growth focussed family office, headed up by Roy Barrett on behalf of serial entrepreneur, Tommy Kelly with additional funding from West.Ventures, a Palo Alto, CA investment and marketing firm.

The investment comes off the back of its 15-fold increase in annual sales since its launch in 2019 and expanding retail footprint, which has grown to 12 stores across the UK and Ireland. Its continued growth to date has been supported by a 4-million-euro capital raise, which has been focussed on internationalising the business.