JaxJox raises US$10m in Series A funding – will launch InteractiveStudio this year
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
truGym
Competitive
Stockton
star job
Climbing Centre Group Ltd
£35k - £42k
Southampton, UK
star job
Coach Gyms
£15k basic + commission + Bonus
Leeds, UK
star job
Xercise4Less
Competitive
Rugby, UK
Everyone Active
Unlimited earning potential
Camberwell Leisure Centre, London, UK

JaxJox raises US$10m in Series A funding – will launch InteractiveStudio this year

Job opportunities
training opportunity
Les Mills
location: Nationwide, United Kingdom
Climbing Centre Group Ltd
£35k - £42k
location: Southampton, UK
more jobs

fitness tech firm JaxJox will accelerate the launch of its connected home fitness solution, InteractiveStudio, following a cash injection of US$10m through Series A funding.

The InteractiveStudio, which will now be made available to consumers later this year, will be marketed as the first home gym to combine connected, strength-training equipment with live and on-demand content, while enabling users to track their own performance using artificial intelligence – and in real time – during classes.

Fitted with a huge, 43-inch capacitive touchscreen TV, the training station has four, smart connected products, with automatic adjustability.

It has been designed to offer the equivalent of six kettlebells and 15 dumbbells, providing a "complete gym" with 145 lbs of adjustable weight, a smart push up device and a digital, vibrating foam roller.

The TV screen will also have the ability to rotate horizontally and vertically – as well as tilt for floor-based exercises.

The equipment also uses a proprietary machine learning algorithm to calculate the user's Fitness IQ score.

The score keeps users informed on overall progress toward fitness goals and can also provide personal workout recommendations.

For the calculation, JaxJox uses metrics such as peak and average power, heart rate, workout consistency, steps, body weight, and your chosen fitness level in the calculation.

The US$10m funding, which included investments from Dowgate Capital and entrepreneur Nigel Wray, bring the total funding raised to date to US$17m.

"With so much activity in the connected fitness space, we're both delighted and excited to be part of JaxJox's movement to bring fitness and health together using data science," said James Sergeant of Dowgate Capital.

"This is the future of wellness."

JaxJox founder and CEO Stephen Owusu said: "When developing the InteractiveStudio it was important for us to think about all the friction points a user experiences with home gym equipment.

"A few years ago, there were no in-home fitness solutions that fit into every lifestyle. There were in-home solutions for cardio and strength but nothing that combined the two in one compact unit.

"When we created JaxJox we set out to reimagine free-weight equipment like dumbbells and kettlebells and create technology that was built into the products to track a user's performance during a workout, giving them the freedom to workout anywhere.

"We believe that, for users, tracking power generated while lifting will become as important as tracking your heart rate while running,"

"With InteractiveStudio, we spent two years creating the ultimate community-centric home fitness solution that combines adjustable free-weight equipment, AI-powered performance tracking, and content for a wide variety of workouts."

Sign up for FREE ezines & magazines
Fitness tech firm JaxJox will accelerate the launch of its connected home fitness solution, InteractiveStudio, following a cash injection of US$10m through Series A funding.
TEC,HAF
2020/THUMB346467_344679_159592.jpg

More News

1 - 15 of 43,025
25 Nov 2020
Up to 100k people will benefit from the free gym and physical activity sessions, thanks to a partnership between ukactive, NHS England and Improvement (NHSE/I), ... More
24 Nov 2020
To the relief of the sector, the UK government confirmed yesterday (23 November) that gyms, health clubs and leisure centres will be allowed to open ... More
23 Nov 2020
Closing gyms and leisure facilities during any possible future lockdown would be "unthinkable", according to Catherine McKinnell, MP for Newcastle upon Tyne North. McKinnell – ... More
23 Nov 2020
Gyms, health clubs and leisure centres will be able to open their doors when the current lockdown measures in England come to an end on ... More
23 Nov 2020
The University of Stirling has opened its new £20m sports and fitness centre. The building, designed by architects FaulknerBrowns, will feature three key areas; a ... More
22 Nov 2020
Gyms are right near the bottom of the list in terms of places people have visited before a positive COVID-19 test, according to UK government ... More
TVS Sport Surfaces
TVS Sport Surfaces
22 Nov 2020
Grayshott Spa, an icon of the UK wellness industry, has succumbed to the pandemic, announcing it is to close permanently, 55 years after opening as ... More
20 Nov 2020
A new, Europe-wide initiative will look to chart the level of risk of COVID-19 infection at gyms, health clubs and leisure centres across the continent. ... More
20 Nov 2020
Major spectator sports in England will receive a combined £300m emergency cash injection to protect their immediate futures over the winter period. The Sports Winter ... More
19 Nov 2020
UK Parliament will debate COVID-19 restrictions on gyms and leisure centres on Monday 23 November, it has been confirmed. The session, which takes place at ... More
19 Nov 2020
The UK government has launched a £1bn Public Sector Decarbonisation Scheme (PSDS), providing grant funding for energy efficiency measures across the public sector. The funding ... More
19 Nov 2020
Leisure management company 3d Leisure is introducing two new services across its corporate division, in response to the continued uncertainties relating to the ongoing COVID-19 ... More
FreeMotion Fitness
FreeMotion Fitness
11 Nov 2020
We The Curious science and arts centre in Bristol, UK, will open the doors to its largest ever exhibition – as soon as the current ... More
10 Nov 2020
Experience UK has completed a merger with ALES UK – the industry body for manufacturers and suppliers working within the visitor attractions and amusements industries. ... More
09 Nov 2020
Hundreds of heritage attractions and organisations in England will share a £103m government rescue fund to help them through the COVID-19 pandemic. The funding, announced ... More
Miha Bodytec GmbH
Miha Bodytec GmbH
1 - 15 of 43,025
fibodo Limited
fibodo Limited