UK Sport has announced a record pot of £347m of Olympic and Paralympic sports funding to be distributed in the run-up to the 2016 Rio de Janeiro Games.
Cycling, rowing, boxing, athletics and gymnastics have seen funding increases, but some sports such swimming,basketball, volleyball and handball are paying the price for missing medal targets.
Boxing received the biggest funding increase of 44% increase, to £13.8m, though £9.55m is conditional on the sport resolving some internal issues.
ITV News' Damon Green reports:
- Cycling is up to £30.6m from £26.3m
- Athletics has a £1.7m increase to £26.8m
- Rowing up from £27.3m to £32.6m
- Gymnastics up from £10.8m to £14.5m
Investment in Paralympic sport has also risen dramatically, up 43% on London 2012.
After a disappointing showing in the pool at London 2012, swimming funding has been cut by 15% to £21.4m from £25.1m.
David Sparkes, chief executive of British Swimming said:
Basketball, handball, wrestling and table tennis, failed to secure any investment.
British Basketball performance chairman Roger Moreland reacted angrily to the announcement, describing the action as "devastating" and that previous investment had been a "waste".
He added: "It doesn't seem much of a legacy from 2012 to dash the hopes and aspirations of a sport whose heartland is founded in Britain's inner cities."
Many athletes took to Twitter, to express their delight at the funding increases:
Others including handball player, Chris McDermott, expressed their disappointment after finding out their sport's funding had been cut or withdrawn.
UK Sport's chief executive said that while the decisions "were not easy to make", they would ensure the priority was to get the "right resources to the right athletes".