Volava secured €750,000 to expand its product line and make its commercial launch in Spain.
Volava, a Barcelona, Spain-based company operating a digital platform for fitness, announced securing €750,000 ($830k) in capital investment.
The funding round was supported by the Spanish investor Inveready.
Volava, founded in 2017 by Joel Balagué, developed a digital fitness solution that connects its spinning bicycles with a sophisticated system of digital content accessible through a large screen mounted on the same bike. The company intends to use the same principle for other sports such as boxing or remote running.Volava was started with a €1 million financing commitment from the founders and initial partners, Ana Roig, Javier Sentís and Joel Balagué.