Digital fitness provider Funxtion has raised €5.8m (£5m, US$5.7) from Lexar Partners and company shareholders. The capital will be used to develop its B2B SaaS platform, particularly in the areas of data science and AI, as well as driving European and international expansion.

Sweat-sensing wearable manufacturer, Epicore Biosystems, whose products provide real-time health data on a range of metrics, including hydration and stress levels, has announced a partnership with Denka Corporation that will see its products launching – initially into the Asian market.

Orangetheory has introduced a new AI-powered heart-rate tracking system called MaxHR to boost the personalisation and efficiency of members’ workouts.

Corporate wellbeing platform Gympass has launched personal training service Trainiac in the UK. Already live in Brazil and the US, it matches members with a certified coach who supports them on their wellbeing journey.

WellnessLiving – a cloud-based business management software provider and payments platform for fitness operators – has raised US$66m. A partnership with McCarthy Capital generated US$46m and CIBC Innovation Banking provided an additional US$20m.

Peloton is set to axe around 800 jobs, increase the price of its equipment and close some of its retail operations as part of efforts to turn around the decline in its business.

At-home rower maker Hydrow is one of the latest connected-fitness companies to announce staff cuts. The tech company which won celebrity backing from the likes of Justin Timberlake and actor Kevin Hart – who is also on board as creative director – confirmed it would be cutting 35 per cent of its workforce, just four months after raising US$55m in Series D funding.

Peloton Studios London will open its doors to the public on 19 August.

Peter Roberts, former CEO and founder of Pure Gym, has invested in Another Round, a personal training app which utilises AI and machine learning.

Researchers examined the impact of £2.2bn of school sports funding following London 2012 and find the majority has gone to private contractors, with little upskilling happening in schools

A solution dubbed the 'world’s highest quality motion capture system' could help sports scientists, personal trainers and other professionals working across recovery and rehabilitation provide more accurate advice and exercise regimes.

Ohm Fitness, a new franchised fitness studio concept, has opened its first location in Scottsdale, Arizona.

Doing the recommended amount of exercise at the weekend is just as beneficial as spreading physical activity through the week, according to research

Liftd Design has created a new gym for Warner Bros. Studios Leavesden, the home of Harry Potter

Pulse Fitness is supporting community activity with the Teme Leisure partnership

Banntyne is working with Myzone to enhance the customer journey, starting with the onboarding stage

We need to change the way we measure the impact of the sector, with a new focus on outcomes, says Liz Terry

BXR is one of the most exciting brands in the fitness industry. Co-founder Alex Nicholl gives us a glimpse behind the scenes

We ask suppliers about the latest trends in strength training

Alfonso Jimenez of Think Active is driving a global data programme to prove the impact of the sector, while Quest is launching new inclusivity assessments

The UK’s National Audit Office has published findings of its investigation into the sector, indicating new policies are needed. Martyn Allison does a review

Colin Milner, CEO of the International Council on Active Aging, reveals new research highlighting the need for a more effective approach to fitness and ageing

From a boom in VR to deeper client personalisation, Lauren McAlister takes a look at trends the industry can expect to see accelerating as we head into 2023

Fitness powerhouse Rainer Schaller, CEO of RSG Group, has opened Heimat in LA, combining a luxury gym with a private members’ club

The GM of Nobu Hotel London Portman Square talks about the creation of its new Fitness and Wellness Space, which is open to the community

The founder of kickboxing franchise 9Round and IKF Light Middleweight Kickboxing Champion has expanded a single site to 20 countries and 600 locations

As the internet becomes more ‘human and physical’, should you be jumping on board the fast-moving metaverse train sooner rather than later?

The gaming industry is the inspiration behind a new fitness concept launching in New Jersey. We talk to the Drop Fitness CEO about his innovative approach

Global gym software company ABC Fitness Solutions has entered an agreement to acquire boutique fitness management platform Glofox. The merger will extend ABC Fitness Solutions’ reach to 31m members in around 24,000 locations worldwide. The deal is expected to complete before the end of the year.

Nowatch, a new contender in the expanding biometric fitness tracker market has developed a wearable device, in partnership with Philips, which measures cortisol levels and alerts users about their stress load up to 60 minutes in advance..