The follow-on capital will support product development and international distribution for the marine sensor specialist.
"We are delighted that Cyclops has been able to attract this important new funding, which will allow the company to further extend its product range and expand its global distribution network"
The funding from consumer specialist Piper will support expansion across the UK, US and Asia.
"Since first meeting the Piper team in 2016 they have consistently helped and supported our business. We are confident that their investment and expertise will help us realise our global ambitions for the Wattbike brand."
The artificial intelligence platform has closed its first funding round.
"Despite the challenges of this lockdown period, Keepme has seen some great successes and continued to grow. The investment will allow us to invest in the resources to continue our development that has seen us gain customers in eight countries in the last twelve months,"
Fortunis Capital led the £15m phased investment round to support talent, technology and marketing ahead of the platform launch.
"The pandemic lockdown saw millions disconnected and isolated from their daily personal sporting interactions and we see Sportside as key to helping people reconnect."
The investment round was led by Hiro Capital with participation from BoostVC, Maveron, and TenOneTen Ventures, alongside an innovation loan from Innovate UK.
"Over the last year, we have been redefining fitness and challenging people’s perceptions of what a fun and effective workout is, providing an alternative for people who want to keep fit but are unmotivated by the traditional fitness offerings"