Interactive fitness specialist Moovlab raises €253,000
Categorie(s) : Industry, Innovation & Society, News
Published : 4 February 2019
Moovlab’s crowdfunding campaign ended in November. The Leti spinoff raised €253,000 from around twenty new investors, including angel investors and two investment funds.
The fresh capital will be used to scale up the activity measurement sensors in the company’s innovative and twice-patented Let’s Play Fitness solution. The funds will also be used to develop and market fun, interactive programs.
Moovlab already counts KeepCool (France’s second-largest gym operator) among its customers and hopes to equip at least 30 gyms with its solution in 2019. The company hopes to equip 2,000 gyms, securing 4% of the European market, by 2022.