ROXFIT

Investor: DSW Ventures and Peter Markham

ROXFIT, a digital training platform designed for hybrid athletes, has successfully raised £1.9 million in a seed funding round. The investment was led by DSW Ventures and Peter Markham, aiming to capitalize on the rapid expansion of hybrid competition worldwide and support ROXFIT's growth from its current 80,000 users.Summary of transaction details:Value: £1.9 millionSector: Software & SaaS (Fitness Tech)Advisor: Not disclosedKey Entities: ROXFIT (Target), DSW Ventures (Lead Investor), Peter Markham (Lead Investor)Location: Not disclosedNote: This seed investment reflects a strategic move to fuel ROXFIT's expansion and product development, leveraging the significant growth in the hybrid sports market and the increasing demand for digital training solutions.