The rehabilitation fitness equipment industry in Europe focuses on products and technologies designed to aid physical recovery and improve mobility. Companies in this sector range from startups developing innovative equipment to established manufacturers producing specialized devices, such as exoskeletons, therapeutic machines, and adaptive training tools. Recent trends indicate a growing emphasis on digital solutions, integrating software for personalized rehabilitation programs. As healthcare needs evolve and awareness about the importance of rehabilitation increases, investment in this industry is expected to flourish, paving the way for breakthroughs in patient care and effective recovery methods.


This list highlights a mix of corporate and venture capital investors dedicated to the rehabilitation fitness equipment sector. With headquarters in major European cities like London, Paris, and Stockholm, these investors vary significantly in size and focus. Companies range from boutique firms with just a handful of employees, such as Kima Ventures, to large entities like Frasers Group with over 10,000 staff. In 2024, the investors collectively made numerous deals, with Bpifrance leading the charge in engagement with industry-related transactions.


Top 17 Rehabilitation Fitness Equipment Investors in Europe


1. Bpifrance French Tech Accélération


Bpifrance French Tech Accélération is a venture capital investor based in Paris, Île-De-France, France, founded in 2015. As a public entity and financial institution, Bpifrance supports entrepreneurs and businesses in France and internationally through various services, including direct funding and private equity investments. They aim to foster entrepreneurship and innovation, helping businesses navigate growth and international expansion. Notably, Bpifrance has been involved in significant transactions within the rehabilitation fitness equipment sector, such as participating in Wandercraft's funding rounds, which focus on developing exoskeletons for rehabilitation. They contributed to Wandercraft's Series B and Series C funding rounds, which are crucial for bringing their rehabilitation exoskeletons to market and expanding their deployment. Additionally, Bpifrance has invested in Fizimed, a company that also operates in the rehabilitation space, further demonstrating their engagement in this industry.


2. Crowdcube

  • Website: crowdcube.com
  • Type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 2010
  • Headcount: 51-200
  • Number of deals in 2024: 3
  • LinkedIn: crowdcube-limited

Crowdcube is a London-based crowdfunding platform founded in 2010 that enables businesses to raise capital through equity investments. It connects startups and SMEs with potential investors, facilitating the funding process. The platform promotes diversity and inclusion within its workforce while providing investment management services to its clients. Notable transactions include BackHug, which raised $671,585 in May 2019, likely related to rehabilitation and fitness equipment. Other transactions include Valkyrie Industries, MUOV, Swing, and Freedom One Life, which, while not explicitly focused on rehabilitation fitness, indicate Crowdcube's active role in supporting innovative companies in the health and wellness sector.


3. European Innovation Council (EIC)


The European Innovation Council (EIC) is a public entity based in Brussels, Belgium, established to support innovation and entrepreneurship across Europe. Founded in 1958, the EIC offers various funding programs, including the EIC Accelerator and EIC Pathfinder, aimed at helping startups and SMEs develop and scale their technologies. The EIC provides business acceleration services, networking opportunities, and prizes to foster innovation across different sectors. Notably, the EIC has been involved in funding companies relevant to rehabilitation fitness equipment, such as Reactive Robotics, which raised over $2.6 million in grants for its robotic assistance technology aimed at improving patient mobilization in intensive care. Additionally, the EIC has supported Ortho Baltic with grants totaling over $1.6 million, indicating a focus on orthopedic and rehabilitation solutions. These transactions highlight the EIC's active role in promoting innovations that can significantly impact the rehabilitation fitness equipment industry.


4. Almi

  • Website: almi.se
  • Type: Venture Capital
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1994
  • Headcount: 201-500
  • Number of deals in 2024: 7
  • LinkedIn: almi-ab

Almi AB is a financial services company based in Stockholm, Sweden, founded in 1994. It specializes in providing loans, risk capital, and business development support to small and medium-sized enterprises (SMEs) in Sweden. Almi aims to enhance the growth and competitiveness of these businesses by offering tailored financial solutions and guidance. Among their notable transactions, Almi has invested in Bioservo Technologies, which raised $1,525,598 in 2014 and focuses on rehabilitation technologies. They also invested in Stepler, a company that raised $1,141,285 in 2021, and MyMOWO, a digital training service that raised $2.8 million in 2016. These investments reflect Almi's engagement in the health and fitness sector, particularly in areas that could relate to rehabilitation and physical therapy, making them a relevant investor in this context.


5. Ardian

  • Website: ardian.com
  • Type: Private Equity
  • Headquarters: Paris, Île-De-France, France
  • Founded year: 1996
  • Headcount: 1001-5000
  • Number of deals in 2024: 21
  • LinkedIn: ardian

Ardian is a prominent investment management firm founded in 1996, based in Paris, Île-De-France, France. Specializing in private equity, real assets, and credit solutions, Ardian provides tailored investment strategies to institutional investors, family offices, and pension funds, with a strong emphasis on sustainable finance. Among their notable transactions, Ardian has invested in Fitnessboutique, a company in the fitness sector, and has acquired a majority stake in Lagarrigue Group, a French orthopaedic equipment business, highlighting their interest in rehabilitation-related investments. Additionally, Ardian has participated in funding rounds for companies like Nutripure, which focuses on organic dietary supplements, and has made significant investments in various sectors, showcasing their diverse investment approach while maintaining a foothold in the rehabilitation fitness equipment industry.


6. EQT Group

  • Website: eqtgroup.com
  • Type: Private Equity
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1994
  • Headcount: 1001-5000
  • Number of deals in 2024: 30
  • LinkedIn: eqt-partners

EQT Group is a prominent private equity firm based in Stockholm, Sweden, founded in 1994. The firm specializes in a diverse range of investment strategies, including private equity, infrastructure, real estate, growth equity, and venture capital. EQT serves institutional investors by providing expertise in managing varied investment portfolios across multiple sectors and geographies. Notably, EQT has made significant investments in the rehabilitation and healthcare sectors, including a 20% stake in Ottobock, a leading prosthetics manufacturer, which highlights their commitment to rehabilitation solutions. Additionally, their acquisition of Atos Medical, a company focused on healthcare products, further emphasizes their involvement in the rehabilitation space. These transactions demonstrate EQT's strategic interest in companies that contribute to rehabilitation and fitness, making them a relevant investor in this industry.


7. European Investment Bank (EIB)


The European Investment Bank (EIB) is a public entity based in Luxembourg, established in 1958, that provides financial services including loans, equity investments, guarantees, and advisory services to support sustainable projects across various sectors. The EIB's mission is to contribute to the integration, balanced development, and economic and social cohesion of the European Union. Among its notable transactions, the EIB has financed companies in the rehabilitation fitness equipment sector, such as Wandercraft, which received €25 million to develop its Personal Exoskeleton aimed at enhancing patient rehabilitation. Additionally, EGYM, a company focused on fitness equipment, raised over $29 million through debt financing from the EIB. These investments highlight the EIB's commitment to supporting innovations that promote health and rehabilitation, aligning with its broader goals of fostering growth and job creation.


8. Frasers Group

  • Website: frasers.group
  • Type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 1982
  • Headcount: 10001+
  • Number of deals in 2024: 20
  • LinkedIn: frasers-group

Frasers Group plc is a corporate investor based in London, England, founded in 1982. The company operates various brands in the sports and fashion sectors, including Sports Direct and Jack Wills. It offers a wide range of products such as clothing, footwear, and sporting goods, as well as fitness services through its Everlast Fitness Club chain. Notably, Frasers Group acquired Everlast Worldwide in 2007 for $168,825,218, which is a significant player in the fitness equipment market, including rehabilitation products. In 2024, Frasers Group also acquired Wiggle, a cycling retailer, which may complement its fitness offerings. The company's strategy includes a focus on premium brands, as seen in its acquisition of THG's Coggles website, indicating a broader interest in enhancing its fitness and sports-related portfolio.


9. Seed Capital Denmark

  • Website: seedcapital.dk
  • Type: Venture Capital
  • Headquarters: Frederiksberg, Frederiksberg, Denmark
  • Founded year: 2004
  • Headcount: 1-10
  • Number of deals in 2024: 5
  • LinkedIn: seed-capital-denmark

Seed Capital Denmark is a venture capital firm based in Frederiksberg, Denmark, founded in 2004. The firm specializes in providing seed funding and advisory services to technology startups, particularly in sectors such as SaaS and Fintech. However, their portfolio also includes companies relevant to the rehabilitation fitness equipment industry. For instance, they invested in Nordic Neurostim, which raised $927,055 in a seed round in 2013, focusing on neurostimulation technology that aids in rehabilitation. Another significant investment was in Injurymap, which raised an undisclosed amount in 2017, offering digital solutions for injury rehabilitation. These transactions highlight Seed Capital's commitment to supporting innovative health-related technologies, alongside their broader focus on technology startups.


10. Nordic Capital

  • Website: nordiccapital.com
  • Type: Private Equity
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1989
  • Headcount: 201-500
  • Number of deals in 2024: 10
  • LinkedIn: nordic-capital

Nordic Capital is a private equity firm based in Stockholm, Sweden, founded in 1989. The firm specializes in investments across various sectors, with a notable focus on healthcare and technology. Nordic Capital partners with management teams to drive growth and operational improvements in its portfolio companies, aiming to create long-term value and sustainability. Among its significant transactions, Nordic Capital acquired Permobil, a Swedish wheelchair supplier, and Atos Medical, a company specializing in medical devices for rehabilitation in the ear, nose, and throat sector. These acquisitions highlight Nordic Capital's commitment to investing in companies that enhance rehabilitation and mobility solutions, making it a relevant player in the rehabilitation fitness equipment market.


11. Gilde Healthcare


Gilde Healthcare is a venture capital firm based in Utrecht, Netherlands, specializing in healthcare investments. Founded in 1982, the firm manages over €2.6 billion across two fund strategies: Venture & Growth and Private Equity. Gilde Healthcare focuses on innovative healthtech and therapeutics companies, as well as profitable lower mid-market healthcare providers in Europe. Notably, they have participated in significant funding rounds for companies like Mainstay Medical, which raised $125 million to commercialize the ReActiv8 system, a device aimed at rehabilitation. Their investment in MicroTransponder, which raised $65 million, also highlights their commitment to advancing healthcare technologies that may intersect with rehabilitation. Overall, Gilde Healthcare's strategic support and capital provision to companies in the healthtech space make them a relevant player in the rehabilitation fitness equipment sector.


12. Mercia Asset Management PLC

  • Website: mercia.co.uk
  • Type: Venture Capital
  • Headquarters: Henley-In-Arden, England, United Kingdom (UK)
  • Founded year: 1982
  • Headcount: 51-200
  • Number of deals in 2024: 41
  • LinkedIn: mercia-asset-management

Mercia Asset Management PLC is a venture capital firm based in Henley-In-Arden, England, founded in 1982. The firm specializes in providing venture capital, private equity, and debt financing to support the growth of UK businesses, particularly in technology and innovation sectors. Mercia operates through various funds and investment vehicles, focusing on ambitious businesses across the UK. Notably, they have been involved in funding STEPS Rehabilitation, which raised an undisclosed amount in a venture round in 2017, and Adapttech, a biomedical startup that has raised significant funding in multiple rounds, including a Series A round in 2022 and earlier seed funding in 2016. Adapttech's focus on developing products for rehabilitation further aligns with Mercia's investment strategy in the rehabilitation fitness equipment context.


13. SHS Capital


SHS Gesellschaft für Beteiligungsmanagement mbH, commonly known as SHS Capital, is a private equity firm based in Germany, founded in 1993. The firm specializes in healthcare investments, focusing on providing capital and strategic support to fast-growing healthcare companies. SHS Capital aims to enhance the operations of its clients, which primarily include businesses in the healthcare sector. Notably, SHS Capital has been involved in several transactions relevant to rehabilitation and medical technology. For instance, they invested in Tyromotion, a company known for its innovative rehabilitation solutions, in a seed round in 2016. Additionally, their acquisition of Medical Technology Rostock in 2024 and Medigroba in 2016 further demonstrates their commitment to expanding their portfolio in the healthcare and rehabilitation sectors. Their investment in Betterguards Technology GmbH also reflects their strategy to build a diversified portfolio in medical technology and life sciences, which may include rehabilitation fitness equipment.


14. Octopus Ventures

  • Website: octopusventures.com
  • Type: Venture Capital
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 2008
  • Headcount: 51-200
  • Number of deals in 2024: 37
  • LinkedIn: octopus-ventures

Octopus Ventures is a venture capital firm based in London, UK, founded in 2008. They focus on backing founders and startups across a diverse range of sectors, including B2B Software, Bio, Climate, Consumer, Deep Tech, Fintech, and Health. With 37 investments in 2024 alone, they provide funding and strategic support to entrepreneurs, helping them navigate the challenges of building and scaling their businesses. Notably, Octopus Ventures has invested in companies like Barrecore, which focuses on fitness and wellness, and Gymbox, a gym chain that emphasizes unique fitness experiences. These investments highlight their engagement in the health and fitness industry, which is relevant to rehabilitation fitness equipment.


15. Kima Ventures

  • Website: kimaventures.com
  • Type: Venture Capital
  • Headquarters: Paris, Île-De-France, France
  • Founded year: 2010
  • Headcount: 1-10
  • Number of deals in 2024: 50
  • LinkedIn: kima-ventures

Kima Ventures is a venture capital firm based in Paris, Île-De-France, France, founded in 2010. The firm specializes in investing in early-stage startups across various sectors, backing two startups per week with financial support and mentorship. Among their notable transactions, Kima Ventures invested in Wandercraft, which raised $1,083,468 in a seed round in November 2013. Wandercraft is known for its innovative exoskeleton technology aimed at assisting individuals with mobility impairments, making it a significant player in the rehabilitation fitness equipment space. Additionally, Kima Ventures has invested in other companies like Colizey and Barooders, which, while not directly related to rehabilitation fitness, showcase their diverse investment strategy. Their active engagement in the startup ecosystem and their specific investment in Wandercraft highlight their potential relevance to the rehabilitation fitness equipment industry.


16. Ldc

  • Website: ldc.co.uk
  • Type: Private Equity
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 1981
  • Headcount: 51-200
  • Number of deals in 2024: 15
  • LinkedIn: ldc

Lloyds Development Capital (LDC) is a private equity firm based in London, England, founded in 1981. As part of Lloyds Banking Group, LDC specializes in providing growth capital and strategic support to mid-market businesses across various sectors. They focus on helping management teams achieve their growth ambitions through investment and advisory services, fostering long-term partnerships to drive business success. Notably, LDC has been involved in significant transactions within the rehabilitation and healthcare sectors, such as the £30 million acquisition of Prism Medical UK, which aims to enhance growth through strategic acquisitions and expansion in the UK and European markets. Additionally, LDC acquired NRS Healthcare, a company that provides essential healthcare services and products, further demonstrating their commitment to investing in businesses that support rehabilitation and healthcare needs.


17. Development Bank of Wales


The Development Bank of Wales is a public entity established in 2001, dedicated to providing financial support to Welsh businesses through loans and equity investments. With a focus on facilitating business growth and economic development in Wales, the bank offers a variety of financial products tailored to the needs of small and medium-sized enterprises. In 2024, the bank was involved in 26 investments, including notable transactions such as SPORTTAPE, which raised funds through both debt financing and a venture round, indicating a commitment to the sports and rehabilitation sector. Additionally, their investment in Ceryx Medical, which raised over $4.7 million, highlights their engagement with medical technology, further aligning with the rehabilitation fitness equipment industry. These transactions reflect the bank's active role in supporting businesses that could contribute to the rehabilitation and fitness equipment market.



Rehabilitation Fitness Equipment Insights: Key Investors in Europe


InvestorHeadquarterSizeFoundedDeals 2024
Bpifrance French Tech AccélérationParis, Île-De-France, France1-102015198
CrowdcubeLondon, England, United Kingdom (UK)51-20020103
European Innovation Council (EIC)Brussels, Brussels, Belgium201-500195857
AlmiStockholm, Stockholm, Sweden201-50019947
ArdianParis, Île-De-France, France1001-5000199621
EQT GroupStockholm, Stockholm, Sweden1001-5000199430
European Investment Bank (EIB)Luxembourg1001-5000195899
Frasers GroupLondon, England, United Kingdom (UK)10001+198220
Seed Capital DenmarkFrederiksberg, Frederiksberg, Denmark1-1020045
Nordic CapitalStockholm, Stockholm, Sweden201-500198910
Gilde HealthcareUtrecht, Utrecht, Netherlands51-200198212
Mercia Asset Management PLCHenley-In-Arden, England, United Kingdom (UK)51-200198241
SHS CapitalGermany11-5019932
Octopus VenturesLondon, England, United Kingdom (UK)51-200200837
Kima VenturesParis, Île-De-France, France1-10201050
LdcLondon, England, United Kingdom (UK)51-200198115
Development Bank of WalesWrexham, Wales, United Kingdom (UK)201-500200126


Want to find more investors focusing on the rehabilitation fitness equipment industry?

If you want to find more investors that are active in the rehabilitation fitness equipmentindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.

With Inven, you'll also get to know:

  • Deal History: Number of deals and their sizes.
  • Portfolio: Companies they've invested in.
  • Contact data: Key dealmakers, including their emails and phonenumbers.
  • ...and much more!