EGYM, the Munich-based smart fitness startup, raises $225M from Jared Kushner’s Affinity Partners

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 e

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