funding news & features
Much of the industry continues to fail when it comes to elevating women. Kath Hudson asks what can and should be done
HCM issue 11 2022
Bioniq, which supplies subscribers with personalised nutritional supplements
based on their blood test results, has acquired smart mirror company Vaha.
news •
13 Dec 2022
Lumen, a health tech company that analyses people’s metabolism based on the CO2 and
oxygen
in
their breath, has raised US$62m in Series B funding. The round was led by Pitango Venture
Capital,
with participating investors including, Hanwha Group, Resolute Ventures, RiverPark Ventures,
Unorthodox Ventures, Almeda Capital and Disruptive VC.
news •
05 Dec 2022
Aescape, a tech company building automated, data-driven massage tables that mimic human
touch, has announced a US$30m (£24.9m, €28.9m) Series A funding round.
news •
30 Nov 2022
Blok has launched a fundraising campaign on Crowdcube. The company’s goal is to reach
£500,000 – ahead of a possible funding round in 2023.
news •
29 Nov 2022
Kevin Yates, founder and CEO of Trib3 has been awarded Entrepreneur of the
Year in the Great British Entrepreneur Awards. He joined eight other winners in the health and beauty
section, which includes the fitness industry.
news •
23 Nov 2022
Martyn Allison reviews the recent Chiles Webster Batson Commission report which casts light on the economic challenges faced by young people when it comes to getting access to exercise
HCM issue 10 2022
The director and founder of Sport for Confidence believes operators can change lives by working with occupational therapists to provide for people from marginalised populations
HCM issue 10 2022
Corporate wellbeing platform Gympass has released a new report called the State of Work-Life
Wellness.
news •
09 Nov 2022
Onvy HealthTech has launched the AI Health Coach, an AI-powered app-based platform, with
its roots in preventative healthcare, that is designed to keep users physically and mentally
balanced.
news •
10 Oct 2022
Therabody has launched eight product innovations and closed a growth equity round with backing
reaching US$165m. The investment was led by North Castle Partners, with additional financing from
Kevin Hart’s venture capital firm HartBeat Ventures and Rx3 Ventures.
news •
28 Sep 2022
The Humanity app puts the focus on ageing, letting users see the repercussions of their habits
Fit Tech issue 1 2023
Sency's motion analysis technology is allowing users to check their technique as they exercise
Fit Tech issue 1 2023
The founder of the Bristol Co-operative Gym shows us how his club model is creating a more inclusive approach to community health and fitness
HCM issue 8 2022
Fast-growing tech business Orbit4 is empowering gym
operators to optimise the value of their most expensive assets
HCM issue 8 2022
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
Orbit4 is a digital operations platform designed to help fitness and leisure operators manage assets, ...
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