ArmaUrto, an innovative provider of protective cycle wear, has secured a £150k equity investment from the Cornwall & Isles of Scilly Investment Fund (CIOSIF), as part of a larger £300k funding round. The investment round was led by The FSE Group, the appointed fund manager of CIOSIF.

Interest in road cycling has long been on an upward trend and during the ongoing COVID-19 pandemic cycling activity has been propelled higher by as much as 100%. Whilst overall the activity is extremely beneficial for health and fitness, unfortunately accidents involving bikes in the UK have also risen to more than 25,000 a year.