Connected gym technology company eGym has raised $15m in funding from High-Tech Gruenderfonds, High Capital Partners Europe and Bayern Kapital.
Germany-based fitness equipment producer eGym raised $15m on Monday in a funding round featuring High-Tech Gruenderfonds, the German state and corporate-backed early-stage investment company.
Venture capital firm Highland Capital Partners Europe led the round, which also included Bavarian state-backed fund Bayern Kapital.
eGym develops, builds and sells technology products for the fitness market, including equipment training app eGym Premium, launched in April, and personal fitness website eGym.de, where exercise results can be stored allowing users to monitor their progress.
The…
