The team announced the news on Tuesday morning, promising further details of its 2019 sponsors and team name later in the week.
“We want to thank everyone that funded, shared and made noise about our recent crowdfunding campaign, the amount of love that we received was very humbling and meant so much to everyone involved in the team,” the team said in three posts on Twitter.
“We’re over the moon to say that through the crowdfunding campaign we achieved our goal of saving the team. This is down to 199 crowdfund backers who now form our new members club, private ‘offline’ donations and some new team partners.”
“The Drops team will continue to #ColourTheRoad in 2019! More team news to follow later this week. If you backed our Crowdfund Campaign, you’ll receive an email in your inbox later this week.”
Through the online fundraising campaign, Drops raised 10 per cent of their overall target, with 199 people donating a total of £25,312. However, like the men’s EF Education First-Drapac team, the buzz around the campaign attracted other backers.
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