The Pale Fire Capital investment group has recently become a major shareholder of ROUVY, a virtual cycling and running platform owned by VirtualTraining. The new investment by the private equity fund will support VirtualTraining's goal of having ROUVY become the #1 VR-powered mobile application for cycling and running in the world.
Both parties have an extensive background in tech innovation, which will provide a strong base for the future development of ROUVY. A target already set out by the two companies is to surpass two million active users within the next five years.
Certainly, the innovative platform will have major appeal amongst cycling and running enthusiasts who are looking for new ways to enjoy their sport. This is largely due to the fact that the app is striving to be a hyper-realistic simulation that utilizes AR and VR technology to recreate the experience of actual cycling and running.
AR-Powered Cycling Platforms
Virtual Training's AR Cycling Platform 'ROUVY' Receives Major Funding
Trend Themes
1. Ar-powered Virtual Training - ROUVY's funding and development goals aim to make it the #1 VR-powered mobile application for cycling and running by utilizing AR technology.
2. Hyper-realistic Simulation - ROUVY's emphasis on re-creating the experience of actual cycling and running makes it an attractive option for enthusiasts looking for new ways to enjoy their sport.
3. Expansion of Active User Base - VirtualTraining's goal of surpassing two million active users within the next five years highlights the growth potential of AR-powered virtual training platforms like ROUVY.
Industry Implications
1. Fitness - AR-powered virtual training platforms like ROUVY have disruptive innovation potential within the fitness industry.
2. Technology - ROUVY's funding and development goals showcase the innovation possibilities in AR-powered platforms for the technology industry.
3. Sports - ROUVY's emphasis on hyper-realistic simulation appeals to the sports industry, which is constantly seeking new means of connecting with enthusiasts.