About Volava
Volava is a company based in Barcelona (Spain) founded in 2017 by Joel Balague was acquired by DUX Gaming in April 2024.. Volava has raised $4.15 million across 3 funding rounds from investors including Wayra, DUX Gaming and Inveready. Volava operates in a competitive market with competitors including Technogym and Tech-Best Fitness, among others.
- Headquarter Barcelona, Spain
- Founders Joel Balague
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Sectors
HealthcareConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.15 M (USD)
in 3 rounds
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Latest Funding Round
$2.42 M (USD), Seed
Feb 10, 2021
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Investors
Wayra
& 3 more
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Employee Count
Employee Count
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Acquired by
DUX Gaming
(Apr 17, 2024)
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Funding Insights of Volava
Volava has successfully raised a total of $4.15M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.42 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $2.4M
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First Round
First Round
(04 Nov 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - Volava | Valuation | Inveready , JME Venture Capital |
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| Mar, 2020 | Amount | Seed - Volava | Valuation | Inveready |
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| Nov, 2019 | Amount | Seed - Volava | Valuation | Inveready |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Volava
Volava has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Wayra, DUX Gaming and Inveready. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Inveready is recognized as a leading Spanish financial services firm.
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm funding companies in Europe and the US
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Founded Year | Domain | Location | |
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Startups are accelerated across sectors by Wayra.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Volava
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Volava
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Volava Comparisons
Competitors of Volava
Volava operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Technogym and Tech-Best Fitness, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud-based smart gym equipment and software
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| domain | founded_year | HQ Location |
Provides smart fitness products for home use and professional gym solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Volava
Frequently Asked Questions about Volava
When was Volava founded?
Volava was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Volava located?
Volava is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of Volava?
Joel Balague is the current CEO of Volava. They have also founded this company.
Is Volava a funded company?
Volava is a funded company, having raised a total of $4.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $837.29K, raised on Nov 04, 2019.
What does Volava do?
Volava was founded in 2017 in Barcelona, Spain, within the fitness sector. A technology-enabled platform is operated to deliver studio-style workouts at home through connected cycles. Services focus on indoor training solutions that support accessibility and community building around wellness. Operations emphasize user engagement and social connections in the home fitness environment.
Who are the top competitors of Volava?
Volava's top competitors include Technogym and Tech-Best Fitness.
Who are Volava's investors?
Volava has 4 investors. Key investors include Wayra, DUX Gaming, Inveready, and JME Venture Capital.
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