# Bhout

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bhout

- Industry: Consumer Products
- Headquarters: Lisbon, Portugal
- Website: www.bhout.com
- Total disclosed funding: $11M
- Latest round: Seed (Nov 7, 2023)
- Investors on record: 2

## About

Founded in 2019 and based in Lisbon, Portugal, BHT - LDA, trading under the name Bhout, designs and produces sporting goods products like the smart boxing bag. In November 2023, raised EUR 10 million in Seed funding co-led by investors Lince Capital and Explorer Investments.

The company offers smart boxing bags with machine learning and sensor technologies which help in improving the moves and avoiding injuries. The bag sensor calculates the power of every strike, and its computer vision identifies every punch, kick, elbow, or knee strike on the bag.

The company plans to use the November 2023 funding to scale its operations in strategic markets like Europe, the US, the United Kingdom, and the United Arab Emirates, hire additional members of its R&D team, develop a hybrid business model, and establish partnerships with leading distributors worldwide.

## Funding rounds

- Seed, Nov 7, 2023, $11M — Explorer Investments, Lince Capital

## Investors

- Explorer Investments (https://capitalatlas.ai/funds/explorer-investments) — Seed
- Lince Capital (https://capitalatlas.ai/funds/lince-capital) — Seed
