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Vaha is a Berlin fintech company founded in 2005 by Valerie Bures-Bönström. The startup is developing a digital mirror that allows you to conduct individual training in accordance with the wishes and requirements of the student. The gadget is a liquid crystal screen that demonstrates lessons live and recorded. The mirror is also equipped with motion sensors that provide feedback - based on this data, the coach can give the client recommendations in real time. When off, the device turns into a regular stylish mirror that can be easily integrated into any interior.
With a dedicated app, Vaha customers have access to personalized workouts and a range of courses that could be expanded in the future. The start-up offers a range of services from cardio and strength training to yoga and boxing. Users of Vaha solutions can actually set up a gym at home.
History
2022: Bioniq bought 100% of Vaha
On December 7, 2022, it became known about the sale of 100% Vaha to the British vitamin manufacturer with the Russian founders Bioniq. The company did not disclose the fiance terms of the agreement.
The purchase German startup will allow Bioniq to strengthen its position To Europe in and enter the countries of USA the Middle East, they write "" Sheets with reference to Bioniq CEO Vadim Fedotov. By December 2022, the startup works in,,,, and UAE Saudi Arabia. Germany Austria Switzerland Holland
Combining personalized online workouts with bespoke vitamins and supplements will create a platform to launch new products, says Vaha co-founder Kalin Popescu
By December 2022, online training service Vaha owns 35 industrial patents, which took 11 years to develop. After selling the startup, members of the bioniq club will be able to individually play sports online, receiving biomechanical analysis of their movements. As Vadim Fedotov explained, the bioniq approach is based on the accuracy of data analysis and ongoing scientific research.
After the transaction, venture capital funds HV Capital, Rocket Internet, Porsche Ventures, Unbound Ventures, Holtzbrink Ventures, as well as goalkeeper of the German national football team Manuel Neuer joined the list of Bioniq shareholders.
Anton Novoseltsev, senior lawyer at ASB Consulting Group, explains that the buyer will have access to Vaha's customer base and the opportunity to organize distribution of his products through it. He does not exclude that Bioniq will use the competencies of the product team of the acquired startup. The global digital healthcare market is estimated at more than $190 billion, Novoseltsev adds.
According to data German to the publication, the Bild cost of Vaha by December 2022 is €150 million. The director "" IIDF accelerator Dmitry Kalaev admits that the transaction could cost this amount, provided that all funds are part of the capital of the startup and go to business development.[1]
2019: Leonid Boguslavsky's RTP Global Foundation invests in Vaha
At the end of December 2019, the Leonid Boguslavsky RTP Global fund invested in Vaha. TQ Ventures, HV Holtzbrinck Ventures and Global Founders Capital have also invested in a digital mirror developer who helps conduct fitness workouts at home.
Thanks to the investment, RTP Global received a minority stake in Vaha (its size is not specified). In total, several million dollars were raised during the round. As reported, the investment will go to the launch and development of the product. By the end of December 2019, the startup is focused on expanding its staff and actively recruiting staff.
Earlier in 2019, RTP Global also invested in medical startup Zenyum, mobile esports service MPL, fintech project Cred and other startups.[2]
Notes
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