# AR-Powered Cycling Platforms
Virtual Training's AR Cycling Platform 'ROUVY' Receives Major Funding

By Niko Pajkovic | Published 2021-08-17 | Lifestyle
Source: Trend Hunter, https://www.trendhunter.com/trends/rouvy
References: [endurancesportswire](https://www.endurancesportswire.com/pale-fire-capital-invests-6-million-in-rouvy-the-popular-augmented-reality-app-for-indoor-training/) & [rouvy](https://rouvy.com/)

The Pale Fire Capital investment group has recently become a major shareholder of ROUVY, a virtual cycling and running platform owned by VirtualTraining. The new investment by the private equity fund will support VirtualTraining's goal of having ROUVY become the #1 VR-powered mobile application for cycling and running in the world.

Both parties have an extensive background in tech innovation, which will provide a strong base for the future development of ROUVY. A target already set out by the two companies is to surpass two million active users within the next five years.

Certainly, the innovative platform will have major appeal amongst cycling and running enthusiasts who are looking for new ways to enjoy their sport. This is largely due to the fact that the app is striving to be a hyper-realistic simulation that utilizes AR and VR technology to recreate the experience of actual cycling and running.

Image Credit: ROUVY