Fitness tech company JAXJOX raises $10M as it gets ready to ship AI-enabled workout system



The JAXJOX InteractiveStudio exercise system. (JAXJOX Photo)


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The JAXJOX InteractiveStudio exercise system. (JAXJOX Photo)

JAXJOX, the Redmond, Wash.-based fitness technology company, has raised $10 million in a new funding round to help pay for the research and development of its signature InteractiveStudio workout equipment.

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The Series A round included investors Dowgate Capital Ltd. and entrepreneur Nigel Wray, and brings total funding to $17 million for the 3-year-old company.

JAXJOX is getting set to release its InteractiveStudio smart gym, a home fitness system that includes digitally adjustable weights, AI-enabled connected tech built into the equipment, and live and on-demand classes.

With connected tech built into individual pieces of free-weight equipment, such as a smart kettlebell, users don’t have to stand a certain distance from a screen to have form and motion tracked.

“By monitoring performance metrics and using AI, we can give users a more holistic view of their health and provide

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MD Gives Details On $10M Grant Program For Schools Reopening

MARYLAND — To encourage a return to classrooms for in-person learning, State Superintendent of Schools Karen Salmon said she would be offering $10 million in funding to local school systems. The Maryland Department of Education gave more details Monday on the program.

Each school district will be able to get a $200,000 base as well as a per-student allocation on top. To qualify, schools must begin in-person instruction by the start of the second quarter of the 2020-2021 school year.

Money will go toward transportation and building readiness, after Salmon ordered all schools closed in March once the coronavirus began spreading in Maryland.

“We are pleased to provide this additional support to assist with health and safety precautions as schools work to return to in-person hybrid and small group instruction this fall,” Salmon said in a statement Monday. “It is our responsibility to make sure that school buildings reopen safely

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