Tonal, Maker of $2,995 Fitness Station, Is Seeking New Funding

Tonal, a company that sells a wall-mounted workout station for $2,995, is in talks with investors about raising new equity, according to people with knowledge of the matter.

The San Francisco-based company is in discussions with investors including private equity firm L Catterton about a new round of funding that would value it at $250 million or more, said some of the people, who asked not to be identified because the talks are private… READ MORE @ Bloomberg