# Valkyrie Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/valkyrie-industries

- Industry: Travel & Leisure
- Headquarters: London, UK
- Website: www.valkyrie-vr.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Feb 15, 2019)
- Investors on record: 2

## About

Based in the UK, Valkyrie Industries specializes in developing advanced muscle recovery solutions, focusing on innovative wearable technology to enhance motor control and muscle strength for a variety of users.Valkyrie Industries, founded in 2017, is based in London, UK, and focuses on advanced muscle recovery solutions. The company has completed five deals to date, with the most recent deal occurring on June 15, 2023. The latest funding round raised GBP 0.370 mn, bringing the total amount raised to GBP 0.370 mn and current company valuation to GBP 5.095 mn. The founders, Erin B. and Kourosh Atefipour, have a background in creating technology-driven solutions, with Kourosh Atefipour also serving as the CEO.Valkyrie Industries primarily focuses on advanced muscle recovery solutions through its flagship product, v-health. This platform integrates a patented Functional Electrical Stimulation (FES) wearable device with a gamified, immersive user experience designed to support individuals in rebuilding motor control, enhancing mobility, and improving muscle strength. The v-health system allows for real-time muscle stimulation and is controlled via an intuitive app, making it suitable for a variety of end users, including patients recovering from strokes or other neuromuscular conditions, as well as fitness enthusiasts seeking to optimize their muscle training. Additionally, the company offers eir bands, which are modular, wireless, and adaptive wearables for interactive muscle stimulation. These products are marketed internationally, with a focus on North America and Europe, catering to both healthcare providers and individual consumers looking to enhance their recovery processes.Valkyrie Industries generates revenue through a structured model that includes both direct-to-consumer sales and B2B partnerships with healthcare institutions. The company's transactions typically involve sales of its v-health platform and eir bands, with clients ranging from rehabilitation centers to individual users purchasing directly. Pricing plans accommodate various customer needs, offering flexible options for subscriptions or one-time purchases of their products. The flagship v-health system represents a significant portion of revenue, alongside the eir bands that enhance muscle stimulation and recovery. Valkyrie Industries maintains a focus on expanding its client base through partnerships and direct sales channels, reinforcing its presence in both the healthcare and personal fitness markets.In June 2023, Valkyrie Industries raised GBP 0.370 mn from ASICS Ventures to accelerate product commercialization and expand its business presence. The company aims to launch new products designed to enhance muscle recovery and plans to target new geographic markets including Asia and South America by the end of 2024. This funding will support their initiatives to increase market reach and diversify their product offerings.

## Funding rounds

- Seed, Feb 15, 2019, $0.2M — SFC Capital
- Seed, Nov 1, 2018, $0.1M — Brinc

## Investors

- Brinc (https://capitalatlas.ai/funds/brinc) — Seed
- SFC Capital (https://capitalatlas.ai/funds/sfc-capital) — Seed