Wearable firm backed by Rory McIlroy and Shane Lowry raises €500m in funding

The fitness wearable firm currently employs 150 people at its Limerick headquarters

Whoop founder and chief executive Will Ahmed with singer Niall Horan who invested in the company in the latest round of funding.

Fitness wearable firm Whoop — which is backed by sports stars such as Rory McIlroy and Shane Lowry — have raised $575m (€500m) in its latest funding round as it plans further expansions to its Limerick headquarters.

The latest funding round values the company at $10.1bn. The round was led by Collaborative Fund and included a number of investment entities from around the world.