Xanh Entertainment raises $2.5m seed for EscapeSquid technology and partnerships
The company is building a partner network across fitness, hospitality and travel.
Xanh Entertainment raised $2.5 million in seed funding. Backers were not disclosed.
The company will expand EscapeSquid's technology, grow fitness and studio partnerships, build a hospitality and travel network and launch local and destination events.
EscapeSquid connects virtual cycling and on-demand challenges with participating studio classes and experiences. Selected US-city events and the wider destination network remain planned expansion work.
Use of funds
Expand technology
Grow fitness and studio partnerships
Build hospitality and travel network
Launch local and destination events