Speediance Launches Two New At-Home Fitness Products
The China-based fitness technology company has launched a stationary bike and a new version of its popular weight-training machine
Speediance, a connected fitness technology company based in China, has launched two new products for at-home workouts: the VeloNix Stationary Bike and the Gym Monster 2. Speediance, which sells more affordable versions of smart fitness equipment compared to competitors like Tonal, has distribution networks in the United States, Canada, Japan, and South Korea.
“At Speediance, we are committed to providing versatile, high-quality equipment that meets our customers’ diverse fitness needs and are thrilled to be venturing into a new category with the VeloNix Stationary Bike,” said Liu Tao, founder and CEO of Speediance.
“With both VeloNix and Gym Monster 2, we are forging a path in smart-home innovation for fitness enthusiasts and making smart, accessible fitness more convenient for everyone.”
Photo Credit: Speediance
The VeloNix Stationary Bike features motor-controlled resistance and integrated smart technology that enables real-time tracking of metrics such as speed, power, and cadence. The VeloNix Stationary Bike is available online for $2,299, and is the company’s first stationary bike.
Building upon the original Gym Monster, the Gym Monster 2 is more compact and lightweight. The product’s AI capabilities include an updated algorithm that provides tailored weight recommendations, while Velocity-Based Training (VBT) helps users track performance and adjust training intensity. The equipment’s resistance goes up to 220 lbs and offers visualized workout tutorials. The Gym Monster retails for $3,390.
Founded in 2020, Speediance underwent two funding rounds last year that totaled nearly $10 million, led by Oriza Speed and Haiyi Investment, with participation from Frees Fund and Rongda CVC. The brand launched on Kickstarter in 2021, raising nearly $560,000 before entering mass production in 2022.