Drax
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Drax - overview
Established
2001
Location
Anyang, Gyeongg, South Korea
Primary Industry
Consumer Products
About
Founded in 2001, and based in Anyang, South Korea, Diracx Co. , Ltd. , doing business as Drax operates as a designer and developer of various exercise and gym equipment. In July 2020, Drax raised KRW 1 billion in venture funding from investor Hanwha Investment & Securities.
The firm manufactures a range of home workout and professional gym equipment such as treadmills, stair climbers, bikes, interactive systems, ellipticals, weights, and equipment for stretching and HIIT. Moreover, the firm also offers a digital training app supported by IoT (Internet of Things) that provides customized digital exercises for home and workplace fitness management.
Current Investors
Hanwha Investment & Securities, Korea Investment Partners, Smilegate Investment
Primary Industry
Consumer Products
Sub Industries
Recreational Hobbies & Sporting Goods
Website
www.draxfit.com
Verticals
E-commerce, IoT (Internet of Things), Manufacturing, Mobile Apps
Company Stage
Series A
Total Amount Raised
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