- According to the World Obesity Federation, if current trends continue, 51% of the world’s population is expected to be overweight or obese by 2035, costing the world $4.32 trillion annually.
- OpenAI’s CEO, Sam Altman backs a little-known longevity startup called Retro Biosciences with $180 million of his own funds.
- BetterNight, a leading provider of comprehensive sleep care through its virtual care platform, announced today $33 million in growth funding led by NewSpring.
- The Healing Company Acquired Deepak Chopra’s Well-being Businesses Including his Meditation App and Health Retreat.
- Orangetheory Fitness accelerates global expansion, adding 100+ locations across Canada, the UK, Spain, Japan, India, Dubai, and Saudi Arabia.
- WW (fka WeightWatchers) acquired Sequence for a net purchase price of $106M.Sequence is a subscription telehealth platform for weight management.
- Digital fitness technology company Wexer acquired online fitness class platform Intelivideo.
- We are so excited to welcome 4 incredible talents to the FIT Summit & Active Franchising family: Esther Leong, our Content & Community Manager; Ashley Low Li Tong our Operations Manager; Nina + Zulaiha our Event Ticket Registration & Sales Managers.
- Australian digital hypnotherapy platform Mindset Health pulled in A$17.8M ($12M) in an oversubscribed Series A round.
- Better-for-you beverage maker Remedy Drinks closed an undisclosed Series B round co-led by L Catterton and Kin Group.
- Unyoked, a Sydney-based operator of wellness cabin escapes, secured A$28M and will expand to Europe.
- New Zealand-based Kitea Health raised NZ$6M to scale its heart- and brain-monitoring implantable device.
- Anytime Fitness Australia welcomed 14,014 new members to the AF community following their National One Day Sale this month. They also hit a milestone of 1,144 average members per club!
- Enterprise Fitness, Melbourne’s premier personal training studio just celebrated their 10th year anniversary! Congrats Mark and team!
- inLIFE Wellness have 4 new studio openings in Australia over the next 2 months bringing them to 10 locations, and their first USA studio opens in California in July. Congrats Scott and team.
- Revo Fitness opened their 28th club in Western Australia. They are also launching their Level Two membership – offering Reformer Pilates, Body Scanners, Massage Chairs, Muscle Recovery and Blackroll station for only $3 extra per week on top of our current Revo membership. Congrats to Andrew and the team.
- Fitstop welcomed Fitstop Applecross, their 14th location in WA. They also achieved record-breaking opening numbers for this State
Speedfit celebrated their 10 year anniversary and announced the opening of a new franchise in Tuggerah, NSW, bringing them to 31 studios!
- Singapore will launch its National Registry of Exercise Professionals (NREP) in April 2023. This is a great initiative, and the first step towards professionalizing the fitness and wellness industry.
- Les Mills Asia Pacific, along with adidas, Sport Singapore and Body Bike are all gearing up for LES MILLS LIVE Singapore, 3-4 June
- The HSBC Singapore Rugby Sevens will happen next month at the Singapore National Stadium – 2 days of fun, rugby, games and lifestyle experiences
- Halytus, a Singapore-based manufacturer of a smart fitness device called Hookee, raised HK$2.4M ($309K) in crowdfunding.
- Yoga Movement and STRONG Pilates partner up to open 11 STRONG Pilates locations across Singapore in the next 3 years with the first studio to open in June 2023.
- New gym, Undivided Performance just opened in Tanglin, Singapore -,offering groupX, mum & bubs and kids fitness class
- XYCO studio in Singapore turned 2 this month! Congrats Brandon and team!
- REVL opens studio #19 – the 2nd studio in Singapore & their Flagship studio in Singapore. Congrats on your continued international expansion Ben & Josh!
- Revolution Group launches Singapore’s newest premium class-based strength and conditioning gym concept – Anarchy Club. Congrats Kevin and team!
- The Ripple Club’s is opening their first studio in the east coast, in partnership with the Indigo Hotel Katong – classes start the week of the 17th of April
- Active Fitness launches a new all day-access pass allowing you to ride at its Popsicles studio, box at Sugar Boxing or access their 24-hour gym, across any location in Singapore city.
- FitNut Loft has written their own Pilates Certification program, and have now concluded their first batch of students and are in their 2nd batch. Congrats Aly and team!
- Spartans Boxing Club partnered with Sun & Moon Group to open their first gym in Cambodia this month (part of Today Fitness Fitness Centre)! They also secured a partnership deal to go into the Philippines with plans to open their first gym by August Congrats Russ and team.
- Holistic wellness destination Kamalaya Koh Samui in Thailand has added a new wellness offerings – Kamalaya Connect, a digital platform offering an ongoing roster of virtual wellness programmes, bespoke workshops and live masterclasses – all categorised as solutions for either the body, mind or heart.
- MOVE Private Fitness launched its new arm, MOVE Life Coaching to help their clients get a holistic breakthrough in other areas of their lives
- China’s ‘She Economy’ booms as women now invest in their own happiness. Pursuing tertiary education, participating in the workforce, and delaying starting families include some of the new trends within this consumer group.
- Mental health startup Intellect partners with Asia’s largest private healthcare group IHH Healthcare to develop and customize digital mental health programs for its patients, corporate clients and staff.
- Singaporean startup, Metanoia Sensing, develops breath tests for analysing fat burning providing insights into the users’ metabolic health risk such as diabetic related conditions.
- Somavedic launches their new Actively Harmonized Space – A premium Health & Wellness Program For Hotels, Spas and Wellness Centers. Designed to provide pioneering wellness services using the benefits of frequency therapy.
- Active IQ expanded its international offering with the introduction of the Active IQ Personal Training and Fitness Instructor international Programmes. Following the successful launch of the Fitness Assistant Programme in 2022, Active IQ is extending its portfolio of international offerings to even more learners around the world.
- ClassPass China was rewarded by Tencent for ‘2022 Double Growth Plan – Brand Breakthrough Growth Award’, for the recognition of our excellent performance in 2022 – a year full of challenges and uncertainties. Congrats to both their China and global teams!
- Matrix Fitness, announced an integration with Aplifit, a digital solutions company for sports facilities. The integration enables connected Matrix Target Training Consoles the ability to report important user metrics to Aplifit’s system.
- Matrix Fitness (again) and Virtuagym have teamed up to launch a connected strength system that incorporates Matrix’s connected strength machines and the Virtuagym platform, as the strength-training trend is heating up.
- Power Plate®, introduced the Power Plate® REV™; as the first health, fitness and wellness product to deliver the benefits of vibration in a cycling modality. In addition, they announced a global collaboration with Myzone, to integrate their industry-leading products for users of the Power Plate® REV™.
- Core Health & Fitness Launches the First StairMaster StepMill for the Vertical Market; Introducing the Much-Anticipated StairMaster 4G.
- Fitstop hosted a free International Women’s Day workout across all of their 114 communities – living by our mission to inspire people to move more to live more
- CAWS partners with NASM to bring NASM’s Certified Personal Trainer Qualification to the UK for the first time – congrats to these two incredible companies.
- Energie Fitness introduced the silver warriors program to offer free training to people over 70, so they can take care of their health in a safe environment. The program currently takes place at énergie Fitness Sant Cugat, and is planning to expand to other clubs soon.
- ABC Fitness unveiled their new branding, including new branding for ABC Glofox and ABC Trainerize.
- Keepme has announced version 3 in production, set for a July launch! Plus, a major collaboration with ChatGPT is on the way.
- ROOK (fka RookMotion), an interoperability platform for wearables data, raised $1.7M in a pre-seed round led by NuFund Venture Group.
- The UK government has declared that boys and girls should have equal access to sports in schools, and is asking schools to dedicate at least two hours of curriculum time to PE per week. A £600m package will also be channeled into improving PE and sports in primary schools.
