MAGIC AI raises £8M Series B led by Beringea and IW Capital to scale its AI fitness mirror in the US market.
Amount Raised
£8 Million
Round Type
Series B
Investors
Description
MAGIC AI, the fitness mirror company, has closed an £8 million Series B funding round co-led by Beringea and IW Capital to expand its US presence and capitalize on the growing AI fitness market. The round brings total funding to $20 million and is believed to be the largest for an AI fitness company this year. MAGIC AI's proprietary ReflectAI technology uses computer vision and holographic coaching to deliver personalized workouts with real-time feedback. The company has achieved 342% annual growth and logged over 500,000 AI-coached workouts across 150,000 hours.
Quick answer
MAGIC AI raised £8 Million in a Series B round, dated September 23, 2026. Investors: Active Partners, Accelerate Ventures, Pxn Group, Beringea, Ventures Together and IW Capital.
- How much did MAGIC AI raise?
- MAGIC AI raised £8 Million in a Series B round on September 23, 2026.
- Who invested in MAGIC AI?
- Active Partners, Accelerate Ventures, Pxn Group, Beringea, Ventures Together and IW Capital are named as investors in this round.
Source: Fundz verified event record.
Who else raised in Hardware and Wellness around the same time
Companies in the same sectors as MAGIC AI that raised within 45 days of this round, from Fundz verified event records.
- Hark raised $700M (Series A) on November 2, 2026.
- iQSTEL raised $3M (Debt Financing) on October 26, 2026.
- Salience Labs raised $125M (Series B) on October 14, 2026.
- Ghost raised $11M (Seed) on October 5, 2026.
- NUMAIQ raised $300K (Angel) on October 1, 2026.
- SoftBank Group raised $21B (Debt Financing) on September 18, 2026.
Who to call at MAGIC AI, and when
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Funding Insights
What this usually meansMAGIC AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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