The technology industry at large might not be in the best of health at the moment, but health and fitness startups appear to be alive and well. EGYM, the Munich-based “smart workout solution” business, has agreed a monster equity investment of €207 million ($225 million), on the back of a very strong year of growth, led by the investment firm started by Jared Kushner.
The company’s business includes both a line of connected hardware (its own gym equipment); software (apps and diagnostics to measure and optimise how people work out on EGYM’s and other connected fitness equipment); a corporate health network operation called Wellpass …
