Miami Inno - After raising millions, Silofit will establish US headquarters in South Florida bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
TORONTO When Marissa Price and her fiancé Mike Kozuira’s newly-adopted puppy started having stomach issues, the closest veterinary clinic told the couple they were so booked up that the earliest appointment they could get was a few weeks away. Because their puppy needed immediate medical attention, the Toronto couple looked to veterinary telemedicine, as […]
NFL star, venture firms back startup s micro-gyms concept businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
NFL star befriended by Buffett invests in micro-gyms concept
Sandrine Rastello, Bloomberg News Ndamukong Suh , Getty Images
Wilfred Valenta opened his first âmicro-gymâ almost two years ago, repurposing a 580-square-foot office space in downtown Montreal and renting it out by the hour to fitness trainers and small workout groups.
He couldnât have known back then how fortuitous his timing was.
Now, with the COVID-19 pandemic forcing many big gyms to stay closed, his company, Silofit Inc., is rushing to scale up. After five openings since September, itâs adding a dozen locations in Toronto next year.
Itâs also accelerating plans to enter the US$32 billion gym market in the U.S., backed by money from U.S. and Canadian venture capital firms and Ndamukong Suh, a defensive tackle for the NFLâs Tampa Bay Buccaneers who counts billionaire Warren Buffett as a friend and booster. And itâs pre