Gungnir of Norway
Financials
Estimates*
NOK | 2022 |
---|---|
Revenues | 5.3m |
Date | Investors | Amount | Round |
---|---|---|---|
* | NOK10.0m Valuation: NOK100m | Early VC | |
Total Funding | $1.2m |
Recent News about Gungnir of Norway
EditAt Gungnir of Norway, we've redefined the barbell by eliminating external clips and collars that are difficult to use, create clutter and pose a liability issue in commercial gyms worldwide.
Our patented innovation, The SlideLock, is a built-in locking mechanism that makes commercial gyms safer, tidier, and more user-friendly. Together, our line of barbells complements the concept of what we call "The Collar-Free Gym», and is our spearhead into a market that offers tremendous opportunities for customer-driven innovation in a large and fast-growing global industry—opportunities we have already begun to explore.
Today, we supply, among others, the pioneering gym chain David Lloyd and Third Space, known throughout Europe for its luxurious facilities. In addition, we already supply well-known Norwegian chains such as EVO and Feel24.
We are ready to take the next step with a significant demand in the USA, where our technology has caught the attention of some of the most influential gym chains in the fitness industry, including Life Time Fitness, LA Fitness, Anytime Fitness, GoodLife, Planet Fitness, and others, totaling several thousand health clubs