Sport, parks and leisure - eGym: eGym nets €25m for research and development
25 Sep 2018 Sport, parks, & leisure: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Product news

04 Jan 2018

eGym nets €25m for research and development

Supplier: eGym
More eGym details


eGym nets €25m for research and development

The European Investment Bank's Ambroise Fayolle (left) with eGym CEO Philipp Roesch-Schlanderer
photo: eGym
Fitness kit and software supplier eGym will receive up to €25m (US$30m, £22.2m) in financing to support its R&D and engineering.

The investment from the European Investment Bank (EIB) will also facilitate the expansion of eGym’s assembly and production facility.

eGym was founded seven years ago in Munich, Germany, but now operates across 13 European countries and the US.

It manufactures electric resistance machine circuits supported by software updates and utilises an open cloud platform to connect machines produced by third parties, in order to optimise fitness training and monitoring.

“eGym uses cutting-edge technology to create complete fitness ecosystems, which will help improve European citizens' access to the best available wellbeing and health equipment," said Ambroise Fayolle, vice-president of the EIB responsible for Germany.

"Supporting young and innovative businesses on their way into growth is one of the priorities of the EU bank because these companies create the employment for the future."

eGym chief executive Philipp Roesch-Schlanderer said: “From day one it's been eGym’s vision to make the gym work for everyone and provide users with the best training experience possible.

“Today, we see that prevention and improving personal levels of fitness are becoming more and more important for large audiences.”


Supplier: eGym
London UK
eGym has developed a unique cloud-based, ecosystem of software and smart connected gym equipment for health clubs and other fitness facilities – delivering great results for members and higher profits for owners. By integrating software training programmes into strength training equipment, eGym offers in-depth member training information through the eGym Trainer app and eGym Fitness app. eGym’s automated training experience has progression built-in to ensure every training plan is optimised for each individual’s goals and needs, resulting in improved member motivation and engagement.

Web: www.egym.co.uk/business
More eGym details

Product news
David Lloyd Leisure names PhD Nutrition as official sports nutrition partner   13 Sep 2018

David Lloyd Leisure names PhD Nutrition as official sports nutrition partner

PhD Nutrition has announced a new partnership with David Lloyd Leisure, that will see the company become the official sports nutrition partner for the chain.

Escape's Hit Hub makes UK debut at Snap Fitness Radstock   04 Sep 2018

Escape's Hit Hub makes UK debut at Snap Fitness Radstock

Escape Fitness has installed its first Hit Hub functional training frame at Snap Fitness Radstock, a new 24-hour franchise gym in Somerset, UK.

Cover Ninja lets operators organise stress-free staff cover   15 Aug 2018

Cover Ninja lets operators organise stress-free staff cover

A new smartphone app that enables fitness facilities to source cover instructors is currently being developed.

Wearable X launches Nadi X smart leggings with kickstarter campaign   14 Aug 2018

Wearable X launches Nadi X smart leggings with kickstarter campaign

New York-based lifestyle brand, Wearable X, has developed an innovative new wearable for yoga enthusiasts that acts as a digital yoga coach.

Dyaco & Johnny G to pioneer Ride of Truth training programme   10 Aug 2018

Dyaco & Johnny G to pioneer Ride of Truth training programme

Dyaco has partnered with Spinning® inventor Johnny G to manufacture the new Johnny G by Spirit bike and is aiming to revolutionise group exercise.

Open banking set to bolster gym member payments   25 Jul 2018

Open banking set to bolster gym member payments

Open Banking is here, and the competition and market authorities say it will drive competition and innovation in retail banking.

Matrix S-Force Performance Trainer proves hard to resist   18 Jul 2018

Matrix S-Force Performance Trainer proves hard to resist

Matrix Fitness, the commercial division of Johnson Health Tech, is redefining athletic training and HIIT with the launch of its S-Force Performance Trainer.

Crown Sports Lockers celebrates 25 years   10 Jul 2018

Crown Sports Lockers celebrates 25 years

Twenty five years ago, Crown Sports Lockers’ founder, Richard Downing, walked into Addington Palace Golf Club to talk changing rooms with its then secretary Lawrence Dennis-Smither.

Company profile


TVS Group

The company was established in 2009 as a specialist supplier of noise and vibration solutions.

View full profile>>

Catalogue gallery


Featured Supplier

CoursePro enables stress-free course management solutions

CoursePro enables stress-free course management solutions

CoursePro, the leading course management solution for sports clubs and leisure centres, manages the admin behind sports lessons, automating enrolments and organising payments. More>>




in this issue

• PHE: prevention key to NHS strategy
• Jetts Fitness targets further UK growth
• GNH merges with Hotel Partnership



Latest jobs

Jobs Search



Recreation Assistant (Lifeguard)
Salary: Up to £10.20 per hour
Location: Kensington, London, UK
Company: GLL
Operations Manager
Salary: Circa £22,000 dependant on qualifications and experience
Location: Thetford, UK
Company: Parkwood Leisure
Diary dates
Powered by leisurediary.com

24 Apr - 26 Nov 2018

MAPIC Russia

Expocentre, Moscow, Russia



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Fitness: Hybrid fitness
ESPA Life at Corinthia's 'revolutionary' new fitness service, BodySPace More>>
  Profile: Stephen Hulme
We look back on the career of Everyone Active CEO Stephen Hulme More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  Community: Bright Hart Lane
Grant Cornwell on the Tottenham Hotspur Foundation’s community work More>>
  Sports: Play to the crowd
When public sector budgets are tight, crowdfunding is an attractive option More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd