Finance
Fitness World Canada Eyes Major Expansion, Franchising After $50M Investment
Low-price gym operator Fitness World Canada is pouring $50 million into accelerating its growth, including its first-ever franchise program.
Amped Fitness Gets Investment From Princeton Equity Group, Eyes More Expansion
The low-price gym brand, which counts 35 locations in the southeast and southwest, will look to enter new U.S. markets, focusing on "concentrated metro" areas.
Hapana Raises Another $7M To Fuel Global Growth, Next-Gen Software
Hapana has raised over $24 million in the past two years as it eyes continued global expansion and new boutique fitness software upgrades.
Strava Advances IPO Plans, Per Report
Strava has confidentially filed for an IPO, hired Goldman Sachs and could go public as soon as this spring, according to a report.
The Surging Femtech Sector Is Racing Toward a $267B Future
With the femtech market projected to hit $267 billion by 2035, menopause care, wearables and fitness partnerships are reshaping women’s health.
Harry Kane Invests in Nutrition Tech Company FoodHealth Co.
The England captain is backing FoodHealth Co. as it scales its FoodHealth Score across major grocery retailers, underscoring a growing athlete interest in wellness.
Kinotek Raises $2M for Movement Analytics Platform Used by MLB Team, Top Gyms
Kinotek has closed $2 million in post-seed equity funding for its platform that provides feedback on people's movement, with users including the Cincinnati Reds.
Truemed Lands $34M To Grow HSA/FSA Purchase Platform
Truemed, which allows Americans to use HSA/FSA funds on fitness and wellness items, works with brands including Peloton and Eight Sleep.
As Wearables Boom, Neurable Raises $35M for Brain-Computer Interface Tech
Neurable’s latest funding round will help bring real-time brain insights into everyday devices like headphones and wearables.
NextFoods Raises $10M To Scale Functional Nutrition Portfolio
NextFoods, the parent company of Cheribundi and GoodBelly Wellness Shots, has secured a major investment for functional nutrition products.