US-based footwear brand Kizik, which specialises in developing hands-free athletic leisure shoes, has raised $20 million as part of a Series B funding round led by private equity firm The Newcastle Network.

Kizik benefits from parent company HandsFree Labs’s portfolio of over 100 patents and patents pending. It will use the funds to establish a children’s footwear line, Kizik Kids, as well as branch out into bricks-and-mortar retail. The company also has plans to expand its existing product lines by venturing into slip-on high-top trainers and Chelsea boots.

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