{"id":515,"date":"2020-05-21T12:30:47","date_gmt":"2020-05-21T10:30:47","guid":{"rendered":"http:\/\/www.lventuregroup.com\/InvestorRelations\/magazineen\/?p=515"},"modified":"2022-09-02T15:46:12","modified_gmt":"2022-09-02T13:46:12","slug":"punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round","status":"publish","type":"post","link":"https:\/\/lventuregroup.com\/en\/punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round\/","title":{"rendered":"PunchLab, the app that turns the boxing bag into an interactive device, raises a \u20ac300K seed round"},"content":{"rendered":"\r\n<p><em>The capital increase led by Primomiglio SGR S.p.A. with participation from LVenture Group will boost the startup\u2019s growth on the international market<\/em>.<\/p>\r\n\r\n\r\n\r\n<p><strong><a href=\"https:\/\/www.punchlab.net\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"PunchLab (apre in una nuova scheda)\">PunchLab<\/a><\/strong>, the startup that digitizes combat sports training with its app by simply connecting users\u2019 smartphone to the punching bag has raised \u20ac300,000 in a seed funding round led by <strong>Barcamper Ventures Lazio<\/strong> and <strong>Barcamper Ventures<\/strong> \u2013 investments funds managed by <strong>Primomiglio SGR S.p.A. <\/strong>\u2013with participation from <strong>LVenture Group S.p.A.<\/strong>, a VC holding company listed on the Stock Exchange and Italian leading startup accelerator. \u00a0<\/p>\r\n\r\n\r\n\r\n<p>The PunchLab app brings combat sports into the\r\nfuture, turning the punching bag into an interactive device that detects,\r\nmeasures, and reacts to athletes\u2019 punches, tracking shots and providing\r\nreal-time statistics and historical series of progress made. PunchLab use is\r\nextremely simple. The addition of any hardware components is not needed: just\r\ndownload the app and apply the smartphone to the punching bag with an elastic\r\nband and the combat sports training will move to the next level.&nbsp; <\/p>\r\n\r\n\r\n\r\n<p>Thanks to PunchLab it is also\r\npossible to connect multiple bags wirelessly to enable gyms for group lessons\r\nand challenges based on gamification, with a centralized ranking showing scores\r\nand progress in real-time. The\r\nease of use, together with the various training plan offered, are PunchLab\u2019s\r\nstrengths compared to competitors, sensor-based solutions, very expensive and\r\nimpossible to update.<\/p>\r\n\r\n\r\n\r\n<p>The startup, accelerated by LVenture Group, in\r\njust a few months since its launch is now used by combat sports enthusiasts in\r\n65 countries all over the world, with a large demand in the United States. The\r\nCovid-19 emergency did not slow down the startup&#8217;s growth, which in the last\r\nmonths has quintupled sales.<\/p>\r\n\r\n\r\n\r\n<p>\u201c<em>Since our first meeting, we have been impressed\r\nby PunchLab team members for their strategic vision, the excellent knowledge of\r\nthe market and the ability to develop their product. Fitness is one of the\r\nindustries that have suffered the most from the impact of the current Covid-19\r\nemergency and in the future online platforms will play a fundamental role in\r\nproviding personalized experiences<\/em>&#8220;, said <strong>Franco Gonella<\/strong>, <strong>member of the Board of Directors of\r\nPrimomiglio SGR<\/strong>.<\/p>\r\n\r\n\r\n\r\n<p>\u201c<em>PunchLab has been able to intercept a fast-growing\r\ntrend, the digital transformation of sport and fitness and today the startup can\r\nplay a leading role in the digitalization of combat sports. The startup has\r\nshown since the beginning a highly scalable solution and we are convinced that,\r\nthanks also to this capital increase, it will continue its expansion process on\r\nthe international market<\/em>&#8220;, said\r\n<strong>Luigi Capello<\/strong>, <strong>CEO of LVenture Group<\/strong>.<\/p>\r\n\r\n\r\n\r\n<p>\u201c<em>With the support of Primomiglio and LVenture\r\nGroup we are ready to challenge booming markets such as that of home-fitness,\r\nwith our specific focus on combat sports. Thanks to this funding round PunchLab\r\nwill grow further to scale up on the international market<\/em>&#8220;, said <strong>Valerio Raco<\/strong>,<strong> CEO of PunchLab<\/strong>.<\/p>\r\n","protected":false},"excerpt":{"rendered":"The capital increase led by Primomiglio SGR S.p.A. with participation from LVenture Group will boost the startup\u2019s growth on the international market. PunchLab, the startup that digitizes combat sports training with its app by simply connecting users\u2019 smartphone to the punching bag has raised \u20ac300,000 in a seed funding round led by Barcamper Ventures Lazio [&hellip;]","protected":false},"author":2,"featured_media":8800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[495,496],"tags":[397,398],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.5.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PunchLab, the app that turns the boxing bag into an interactive device, raises a \u20ac300K seed round - LVenture<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lventuregroup.com\/en\/punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PunchLab, the app that turns the boxing bag into an interactive device, raises a \u20ac300K seed round - LVenture\" \/>\n<meta property=\"og:description\" content=\"The capital increase led by Primomiglio SGR S.p.A. with participation from LVenture Group will boost the startup\u2019s growth on the international market. PunchLab, the startup that digitizes combat sports training with its app by simply connecting users\u2019 smartphone to the punching bag has raised \u20ac300,000 in a seed funding round led by Barcamper Ventures Lazio [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lventuregroup.com\/en\/punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round\/\" \/>\n<meta property=\"og:site_name\" content=\"LVenture\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-21T10:30:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-02T13:46:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lventuregroup.com\/wp-content\/uploads\/2020\/05\/Punchlab-the-app-that-turns-the-boxing-bag.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"lventure\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"lventure\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lventuregroup.com\/en\/punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round\/\",\"url\":\"https:\/\/lventuregroup.com\/en\/punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round\/\",\"name\":\"PunchLab, the app that turns the boxing bag into an interactive device, raises a \u20ac300K seed round - LVenture\",\"isPartOf\":{\"@id\":\"https:\/\/lventuregroup.com\/#website\"},\"datePublished\":\"2020-05-21T10:30:47+00:00\",\"dateModified\":\"2022-09-02T13:46:12+00:00\",\"author\":{\"@id\":\"https:\/\/lventuregroup.com\/#\/schema\/person\/f3de994d8daec9e6ee40737889da02ac\"},\"breadcrumb\":{\"@id\":\"https:\/\/lventuregroup.com\/en\/punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/lventuregroup.com\/en\/punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/lventuregroup.com\/en\/punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"PunchLab, the app that turns the boxing bag into an interactive device, raises a \u20ac300K seed round\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lventuregroup.com\/#website\",\"url\":\"https:\/\/lventuregroup.com\/\",\"name\":\"LVenture\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/lventuregroup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/lventuregroup.com\/#\/schema\/person\/f3de994d8daec9e6ee40737889da02ac\",\"name\":\"lventure\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lventuregroup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/789d7c9e3b8324d8ccdedddd03e46e55?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/789d7c9e3b8324d8ccdedddd03e46e55?s=96&d=mm&r=g\",\"caption\":\"lventure\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PunchLab, the app that turns the boxing bag into an interactive device, raises a \u20ac300K seed round - LVenture","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/lventuregroup.com\/en\/punchlab-the-app-that-turns-the-boxing-bag-into-an-interactive-device-raises-a-e300k-seed-round\/","og_locale":"en_US","og_type":"article","og_title":"PunchLab, the app that turns the boxing bag into an interactive device, raises a \u20ac300K seed round - LVenture","og_description":"The capital increase led by Primomiglio SGR S.p.A. with participation from LVenture Group will boost the startup\u2019s growth on the international market. 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