The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • China to boost economic rebound, stabilize foreign trade, investment

  • Senior Australian ministers to visit France, Britain to boost ties

  • Does That Call For Deeper Study Of Its Financial Prospects?

  • SG Americas Securities LLC has acquired shares of Tapestry, Inc. (NYSE:TPR).

  • Emfo LLC acquires 12,412 Alphabet Inc. shares (NASDAQ:GOOG)

Investment
Home›Investment›OMORPHO Closes $6 Million Investment Led by Leading Sports and Technology Venture Capital Firm KB Partners

OMORPHO Closes $6 Million Investment Led by Leading Sports and Technology Venture Capital Firm KB Partners

By Megan
May 24, 2022
59
0
Share:

PORTLAND, Ore.–(BUSINESS WIRE)–Today OMORPHO, a leading fitness company revolutionizing training with micro-weighted sportswear, announces the close of a $6 million seed funding round at a $26 million valuation. The investment was led by KB Partners, a leading venture capital firm focused on the intersection of sports and technology, with significant participation from Greenchain Capital and Madison Square Garden Sports Corp. (MSG Sports). The investment underscores the tremendous excitement behind the first brand to ever challenge the misconception that lightweight apparel is better for all sports and training.

Since Co-Founders Stefan Olander and Ben Williams launched OMORPHO with a world-class team in November 2021, it has quickly established itself as an innovator in the sportswear market via its groundbreaking Gravity Sportswear collection powered by MicroLoad™. The collection strategically places small amounts of weight across the body, and is designed to make you fitter, faster and stronger without limiting natural movement. After garnering widespread acclaim from athletes, consumers and fitness professionals alike, the brand will continue to build upon its direct-to-consumer distribution model and further activate recent strategic partnerships.

“We are thrilled by the continued support and investment of KB Partners, which is a proven leader in developing companies that push the boundaries of sport and technology,” said Stefan Olander, Founder, OMORPHO. “We also welcome Greenchain Capital and MSG Sports as major investors, and look forward to leveraging their extensive experience at this exciting time of rapid growth, product innovation and partnership opportunities.”

KB Partners Founder and OMORPHO Board Member Keith Bank stated, “The OMORPHO team possesses that rare combination of deep relevant experience, strong operating skills, extensive marketing savvy and real grit that we like to invest behind. They are well on their way to creating an entirely new category of sportswear.”

Earlier in May, OMORPHO announced partnerships with world-class fitness instructors Kirsty Godso, Julie “Jaws” Nelson, Mandy DiMarzo and Claire Thomas. These trainers represent the very best in disciplines ranging from high-intensity training to yoga. Together, OMORPHO and trainers will create whole body workouts, provide easy-to-follow fitness tips and share advice and guidance to help both fitness enthusiasts and elite athletes reach their goals.

Additionally, OMORPHO signed NFL rising stars and Minnesota Vikings running back Alex Mattison, Seattle Seahawks running back DeeJay Dallas and Philadelphia Eagles rookie free agent signing Britain Covey. The latest additions to OMORPHO’s roster represent the next generation of NFL talent. All have been training in Gravity Sportswear and will join ambassadors: Ajla Tomljanović, Annie Kunz, Brian and Scott Nicholson, Cynthia Erivo, Julio Jones and Matthias Dandois.

OMORPHO also announced a partnership with luxury fitness club Equinox to incorporate its Gravity Sportswear collection in clubs across the country. Gravity Sportswear will be featured within Equinox’s club showrooms and available for purchase online and in clubs spanning New York to Los Angeles. Additionally, Gravity Sportswear will appear on Equinox trainers and be available for club members to trial during group fitness classes.

Previously unannounced, OMORPHO has entered into a strategic distribution partnership with Carbon38, the world’s destination for women’s luxury activewear. Their loyal following in the fitness and fashion worlds will help OMORPHO more directly reach female consumers and achieve the brand’s mission of simplifying the pursuit of a fit life.

OMORPHO’s latest funding brings the total investment in the company to $13 million.

To learn more about OMORPHO’s Gravity Sportswear, the benefits of MicroLoad, and to shop the collection please visit OMORPHO.FIT or follow us on Instagram @OMORPHO.

To download hi-res images click HERE.

ABOUT OMORPHO

OMORPHO is a premium sport and fitness company founded in 2017 in Portland, OR. Its GRAVITY SPORTSWEAR™ collection powered by MicroLoad™ anatomically places small weights strategically across the body, helping everyone, from fitness fans to professional athletes, to get fitter, faster and stronger by simply changing what they wear for training. The name OMORPHO is derived from Greek, meaning “beautiful,” and is the lens through which the company creates gorgeous products and services that simplify the pursuit of a fit life. To view the entire collection and learn more about the science and benefits of MicroLoad™ please visit OMORPHO.FIT or follow @OMORPHO on Instagram.

ABOUT KB PARTNERS

KB Partners is a suburban Chicago based early-stage venture capital investor that focuses on investing in companies at the intersection of sports and technology. It is currently investing out of its KB Partners Myriad Opportunity Fund II, the largest early-stage sports tech fund in the country.

Source link

Previous Article

Nickel Sulphamate Market Size And Forecast

Next Article

Bitt Furthers Its Digital Currency Product Innovation

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Investment

    Westbridge Provides Update to Shareholders

    December 22, 2022
    By Megan
  • Investment

    EZFL) Have Comparatively High Margins And ROI?

    December 28, 2022
    By Megan
  • Investment

    Saratoga Investment Corp. Anno – GuruFocus.com

    June 19, 2022
    By Megan
  • Investment

    Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows

    January 15, 2023
    By Megan
  • Investment

    What is a 401(k)? What to know about this retirement investment vehicle

    June 6, 2022
    By Megan
  • Investment

    Morocco seeks Saudi financial support for its investment fund

    June 16, 2022
    By Megan

Leave a reply Cancel reply

You may interested

  • Commodities

    Carlyle Commodities Announces Unit Offering and Closing of $1,037,749 Initial Tranche

  • Stock Shares

    Tobam Buys 33,263 Shares of Schlumberger Limited (NYSE:SLB)

  • Investment

    China VC Investment List Q2 2022 – Automaking

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • January 29, 2023

    China to boost economic rebound, stabilize foreign trade, investment

  • January 29, 2023

    Senior Australian ministers to visit France, Britain to boost ties

  • January 29, 2023

    Does That Call For Deeper Study Of Its Financial Prospects?

  • January 29, 2023

    SG Americas Securities LLC has acquired shares of Tapestry, Inc. (NYSE:TPR).

  • January 29, 2023

    Emfo LLC acquires 12,412 Alphabet Inc. shares (NASDAQ:GOOG)

Best Reviews

Latest News

Investment

China to boost economic rebound, stabilize foreign trade, investment

China will consolidate and expand the momentum of its economic rebound, accelerate consumption recovery and stabilize foreign trade and investment, according to the decisions made at the State Council executive ...
  • Senior Australian ministers to visit France, Britain to boost ties

    By Megan
    January 29, 2023
  • Does That Call For Deeper Study Of Its Financial Prospects?

    By Megan
    January 29, 2023
  • SG Americas Securities LLC has acquired shares of Tapestry, Inc. (NYSE:TPR).

    By Megan
    January 29, 2023
  • Emfo LLC acquires 12,412 Alphabet Inc. shares (NASDAQ:GOOG)

    By Megan
    January 29, 2023
  • Recent

  • Popular

  • Comments

  • China to boost economic rebound, stabilize foreign trade, investment

    By Megan
    January 29, 2023
  • Senior Australian ministers to visit France, Britain to boost ties

    By Megan
    January 29, 2023
  • Does That Call For Deeper Study Of Its Financial Prospects?

    By Megan
    January 29, 2023
  • SG Americas Securities LLC has acquired shares of Tapestry, Inc. (NYSE:TPR).

    By Megan
    January 29, 2023
  • China to boost economic rebound, stabilize foreign trade, investment

    By Megan
    January 29, 2023
  • Australia’s economy: boom or bust?

    By Megan
    September 9, 2019
  • Australian economy suffers virus symptoms

    By Megan
    February 10, 2020
  • Australian economy likely already slowing in Q2 before Delta downturn

    By Megan
    August 30, 2021

Trending News

  • Investment

    China to boost economic rebound, stabilize foreign trade, investment

    China will consolidate and expand the momentum of its economic rebound, accelerate consumption recovery and stabilize foreign trade and investment, according to the decisions made at the State Council executive ...
  • Australian Economy

    Senior Australian ministers to visit France, Britain to boost ties

    SYDNEY, Jan 29 (Reuters) – Australia’s defence and foreign ministers on Sunday said they aimed to deepen security ties with France and Britain during visits to Europe this week, flagging ...
  • Investment

    Does That Call For Deeper Study Of Its Financial Prospects?

    Most readers would already be aware that Parkway Life Real Estate Investment Trust’s (SGX:C2PU) stock increased significantly by 7.0% over the past month. Given that stock prices are usually aligned ...
  • Stock Shares

    SG Americas Securities LLC has acquired shares of Tapestry, Inc. (NYSE:TPR).

    According to the most recent filing that the company has made with the SEC, SG Americas Securities LLC increased the number of shares of Tapestry, Inc. (NYSE: TPR) that it ...
  • Stock Shares

    Emfo LLC acquires 12,412 Alphabet Inc. shares (NASDAQ:GOOG)

    According to the most recent 13F filing Emfo LLC made with the Securities and Exchange Commission, the company increased its holdings in Alphabet Inc. (NASDAQ: GOOG) during the third quarter ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.