Company · LT
Lemon Gym
Gym chain expanding in the Baltic region
- Raised
- EUR 22.0M
- Last round
- 31 Mar 2026
- Momentum
- Quiet
- Events
- 3
- Last activity
- 27 Jul 2026
Updated 12 Sep 2026 · Reviewed 12 Sep 2026
Capital
1 round · 2026
31 Mar 2026
Funding round
€22.0M
Cumulative €22.0M
Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.
Activity
3 events
- Launch27 Jul 2026EUR 2.2M
Lemon Gym will invest 2.2 million euros in renovations and the setup of a new gym in Kaunas, continuing its expansion efforts.
▸Source: 15min Verslas
- Funding31 Mar 2026EUR 22.0M
Exercise Investment, operator of the Lemon Gym club chain, issued a EUR 22 million bond at the end of March 2026 to finance expansion across the Baltic states. The bonds were acquired by funds managed by Polish private debt investor CVI.
▸Source: LRT Verslas
- Exit28 Nov 2025
Investment firm Aggressive Capital, through its newly formed Longevity Fund vehicle, filed for approval to acquire an 88.1 percent stake in Exercise Investment, the holding company operating the Impuls and Lemon Gym fitness club chains in Lithuania. The filing was reported on November 28, 2025 and required clearance from Lithuania's Competition Council.
▸Source: 15min Verslas
People
1 person
Questions
4 answers
- What does Lemon Gym do?
- Gym chain expanding in the Baltic region
- Where is Lemon Gym headquartered?
- Lemon Gym is based in Lithuania.
- How much funding has Lemon Gym raised?
- Lemon Gym has raised €22.0M (across 1 round · last 31 Mar 2026).
- What was Lemon Gym's latest funding round?
- Lemon Gym's most recent disclosed round was a funding round of €22.0M, announced 31 March 2026.
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