The exercise equipment producer has received $20m in series D funding, two years after it secured $45m, with NGP Capital leading the latest round.
NGP Capital, the venture capital firm sponsored by communications equipment maker Nokia, has led a $20m series D round for Germany-based physical training equipment and software provider eGym.
The round also featured Highland Europe, a branch of VC firm Highland Capital Partners, as well as investment firm HPE Growth Capital
Founded in 2010, eGym produces motorised fitness equipment that automatically adapts to a user’s strength, also collecting data that can be synced with the company’s platform. Users can use the…
