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AI Fitness App Zing Coach Secures $10 Million To Revolutionise Healthy Living

by THEFUTURE.TEAM

In a bold move to address global inactivity, Zing Coach, a health tech startup supported by Palta, has secured $10 million in Series A funding. This round, led by Zubr Capital and Triple Point Capital, promises to bolster the app’s AI-driven fitness solutions, enhance its workforce, and facilitate international market expansion.

Zing Coach stands out with its hyper-personalised workouts, driven by sophisticated AI that adapts to users’ data and performance metrics. Unlike traditional fitness apps, Zing Coach utilises advanced fitness tests and body composition scanners, providing users with a highly accurate and personalised training experience.

This innovative approach has garnered significant user engagement, with over one million downloads since its 2021 launch. The app’s retention rates surpass those of its competitors, with users being 29% more likely to continue after the first day and 25% more likely to stick with it for a month or longer.

Zing Coach’s cutting-edge technology and strategic growth initiatives have attracted significant attention. Viktar Dzenisevich of Zubr Capital highlighted the transformative potential of AI in fitness, expressing confidence that Zing Coach will outpace competitors and achieve substantial growth.

CEO Tanya Parfenyuk envisions making healthy living accessible through affordable, high-quality digital coaching, a goal supported by the app’s continued innovation and expansion. Recent advancements include the Body Composition Scanner and AI-powered Flexibility Tests, further solidifying Zing Coach’s leadership in the digital fitness arena. With this latest funding, Zing Coach is poised to extend its reach and impact, leveraging AI to transform fitness habits and promote healthier lifestyles globally.

Only 1% Of Cyprus Farms Use Precision Farming Technologies

by THEFUTURE.TEAM

Cyprus remains one of the European Union’s least digitised agricultural economies, with just 1% of farms using precision farming technologies in 2023, according to Eurostat.

The findings come as the EU continues to encourage the adoption of digital tools aimed at improving agricultural productivity, efficiency and sustainability.

Internet Access Expands, But Digital Uptake Lags

Internet access has improved across the bloc, although adoption remains uneven. Eurostat found that 43% of EU farms had internet access in 2023, with northern and central European countries leading the way.

Denmark, Germany, Slovakia, Latvia, the Czech Republic and Austria all reported internet access rates above 90%.

Greater connectivity, however, has not translated into widespread digital adoption. Farm management information systems, which help farmers manage day-to-day operations, were used by only about 11% of EU farms. France was a notable exception, with around 60% of farms using the technology.

Precision Farming Concentrated In Larger Operations

Robotics adoption also remained relatively limited, with only about 7% of EU farms using robotic technologies. Overall, around 18% of farms with utilised agricultural area employed at least one precision farming technology or practice in 2023.

These included robotics for plant protection, band spraying, variable-rate application, precision crop monitoring and soil analysis. Despite representing fewer than one in five farms, these holdings accounted for around 44% of the EU’s utilised agricultural area.

The figures suggest that precision farming remains concentrated among larger agricultural businesses, where investment in digital technologies is typically easier to support.

Cyprus Lags Behind EU Leaders

Luxembourg, Finland and Estonia recorded the highest shares of utilised agricultural area managed by farms using precision farming technologies, each exceeding 75%.

At the other end of the ranking, Cyprus recorded just 1%, while Greece and Romania reported between 10% and 15%. The results indicate that Cyprus remains at an early stage of digital adoption in agriculture, even as precision farming becomes more widespread across parts of the European Union.

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