funding news & features
Inverclyde Leisure is on a mission that has boosted attendance by 60 per cent. We talk to the CEO about how a community-centric approach is driving success
HCM issue 8 2022
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.
news •
05 Sep 2022
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.
news •
15 Aug 2022
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
HCM issue 7 2022
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
HCM issue 7 2022
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
HCM issue 7 2022
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
HCM issue 7 2022
The founder of kickboxing franchise 9Round and IKF Light Middleweight Kickboxing Champion has expanded a single site to 20 countries and 600 locations
HCM issue 7 2022
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..
news •
02 Aug 2022
Tonal, the at-home strength-training startup backed by Amazon and athletes such as Serena
Williams, Maria Sharapova and Mike Tyson, has announced a restructuring, reducing its
workforce by 35 per cent as part of a move to sustainable growth and profit.
news •
18 Jul 2022
Mindbody and Class Pass have released their 2022 Mid-Year Wellness Trends Report which
reveals their predictions following two years of pandemic upheaval.
news •
11 Jul 2022
The fitness entrepreneur and founder of Circuit Society tells us how he plans to bring a new style of neighbourhood-based micro studios to the market
HCM issue 6 2022
As a result of the pandemic, the fitness sector is presented with a massive opportunity to make friends with the healthcare sector to improve the health of the nation and drive up penetration. Kath Hudson reports on what is happening and where the opportunities lie
HCM Handbook 2022
There are a number of populations who don’t feel truly welcomed, or catered for, in fitness settings. Yet it doesn’t have to be this way.
HCM Handbook 2022
The global pandemic has dwarfed the impact of any recession, but how is the UK market bouncing back? LeisureDB does a deep dive into the numbers for businesses with members on Direct Debits, with the latest State of the Fitness Industry Report 2022
HCM Handbook 2022
Different customers, omnichannel fitness, the need for more data, continued lobbying and to address racism, cost barriers and health inequalities...
HCM Handbook 2022
Connected performance wearable company Whoop has launched Whoop Unite for businesses.
news •
14 Jun 2022
The CEO of Women in Sport talks about Big Sister, a new programme that’s working to overcome period poverty and support more adolescent girls to get and stay active
HCM issue 5 2022
David Minton presents the findings of LeisureDB’s State of the Fitness Industry Report 2022
HCM issue 5 2022
As we face a global energy crisis, experts give their views on the drive towards decarbonisation, and how businesses can tackle steeply rising costs
HCM issue 5 2022
Caterpillar, a new app that rewards healthy actions with redeemable points at entertainment
and fitness outlets, will launch a pilot scheme on 6 June.
news •
04 Jun 2022
Aumio, a new sleep, relaxation and meditation app for children has raised €3m to drive market
expansion across Europe and the US. The seed funding round was led by investment platform
Partech and venture capitalist fund byFounders.
news •
03 Jun 2022
The company behind fitness aggregator Hussle – Sandcroft Avenue Ltd – has collapsed,
owing
£5,362,000.
news •
30 May 2022
AI-driven home-strength platform, Vitruvian, raises US$15m Series A funding to ramp up
production. Investors include Larsen Ventures and Steve Baxter’s Ten13. Baxter is known for
his TV role as a 'shark' in Australia’s Shark Tank.
news •
10 May 2022
Leading software specialists reveal how they’ve solved specific tech challenges for individual health clubs
HCM issue 4 2022
The Grndhouse co-founder tells us how his brand plans to dominate the strength training space in the UK, and beyond
HCM issue 4 2022
Can exercise professionals gain the wider trust of the medical community, and play a pivotal role in the wellbeing agenda?
HCM issue 4 2022
Modern, sustainable buildings are key to redefining our sector, says Sharron Davies MBE
HCM issue 4 2022
Altis, an artificial intelligence-based personal trainer solution, has secured more than US$3m worth
of financing, bringing the total investments made in the fit tech brand to date to US$10.5m.
news •
06 May 2022
Global fitness technology provider Virtuagym has raised a new €3m investment from Icecat, an
Amsterdam-based technology company which invests in innovative technology organisations.
promotion •
04 May 2022
CoverMe Fitness, an app for seamless, on-demand management and cover solutions for sports and fitness ...
Panatta's mission is to create machines that are aesthetically pleasing, functional and competitive in price ...