Nio Capital sees Fiture in $20m round

Dec 28, 2020 • Jordan Williams

Nio Capital led the Tencent and Bertelsmann Asia Investments-backed home fitness technology developer's series A-plus round.

Fiture, a China-based provider of smart home fitness equipment, has raised $20m in a series A-plus round co-led by Nio Capital, the venture capital firm launched by electric carmaker Nio.

GSR Ventures and Z1 Capital also participated in the round, which brings the company’s total funding to almost $100m.

Founded in 2019, Fiture provides smart home fitness equipment, exercise data tracking technology and online fitness courses as well as other health and lifestyle services. It recently launched its first product,…

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