What is "canyon-sram"

Canyon–SRAM (stylised as Canyon//SRAM) is a professional women's cycling team, which is set to compete in elite women's road bicycle racing events, such as the UCI Women's World Tour, in 2016. The teams clothing is provided by London-based Rapha. Ronny Lauke set the team up after the demise of his former team Velocio-SRAM.