Kvix raises SEK 26 million in IPO

29 November 2021

Kvix provides a unique streaming platform that connects wellness inspirers with people who strive for increased well-being. The platform is available via app and browser and is adapted for several different devices.

Kvix’s objective is to create a market-leading platform for wellness where members can partake in live sessions on physical, mental, and lifestyle-related well-being. Members can interact with streamers and receive live feedback via the webcam if desired. Through the in-house developed streaming platform, Kvix intends to become the meeting place of choice for those interested in health.

Kvix raised SEK 26.0 million in its IPO on NGM Nordic SME to support its ambition in becoming the pre-eminent forum for wellness. The proceeds will be used to strengthen the company’s financial position for further development of the platform and improving customer outreach by marketing.

Augment acts as the company’s financial advisor in the IPO.

Read the full press release here (in Swedish).