Momentous Closes $5 Million Series A Funding Round
Dyrdek Machine Portfolio company Momentous has closed $5 million in Series A funding led by Los Angeles based firm FitLab. FitLab is an investment fund focused on advancing human performance. Its’ select performance brand portfolio includes Laird Hamilton and Gabrielle Reece’s XPT and leading digital fitness platform Freeletics.
The financing also includes a partnership agreement between Momentous and MVMNT Inc., a FitLab portfolio company. Under the agreement, Momentous will develop custom, branded sports nutrition lines for the MVMNT brand partners.
Dyrdek Machine Founder and CEO Rob Dyrdek, climber Alex Honnold, and Academy Award-winning filmmaker/alpinist Jimmy Chin all contributed to completing the rest of the funding round. For more details on the deal and what’s next for Momentous, check out the article here.