Unbound Ventures leads Vaha series-B

Existing investors HV Capital, Global Founders Capital, TQ Ventures and RTP Global also backed the round, alongside new investor Porsche Ventures.

German publication Gründerszene reported that the round is double the amount raised in the company's previous funding round, and that Vaha's valuation has doubled since December 2019.

Founded in 2017, Unbound invests in technology businesses. The firm has backed Paack and Forto in 2020.

Previous funding
In December 2019, HV and Global Founders backed a series-A round for Vaha, comprising an investment of more than €10m.

Company
Vaha is a fitness app that allows users to follow personalised training programmes, via live classes led by personal trainers, as well as through more than 500 available workouts. The company also sells fitness mirrors that allow users to follow workouts with a personal trainer from their home, with the mirror correcting and analysing their movements. The business was founded in 2019 and is headquartered in Berlin.

People
Vaha – Valerie Bures-Bönström (founder).
Unbound Ventures – Shravin Mittal (founder).

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