EscapeSquid Pursues $2.5 Million Seed Round to Scale Virtual-to-Destination Fitness and Travel Platform

EscapeSquid Connecting Riders with Local Experiences

NEWARK, Del., Sept. 11, 2026 /PRNewswire/ -- Xanh Entertainment Inc., developer of EscapeSquid, today announced that the company is pursuing a $2.5 million seed funding round to support the next phase of development and expansion of its virtual-to-destination fitness, entertainment and travel platform.

EscapeSquid is expanding its model around stationary cycling and fitness experiences, creating a progression that can take participants from at-home virtual rides to participating fitness studios, local events and destination travel experiences.

"Our next phase is about building the infrastructure that connects virtual fitness participation with local businesses and ultimately destination travel," said John Phung, Founder and Chief Executive Officer of Xanh Entertainment Inc. "If completed, the proposed $2.5 million seed round is intended to give us the resources to develop that network, expand our technology and establish partnerships across fitness, hospitality and travel."

From Virtual Rides to Real-World Travel

The platform is intended to allow participants to begin through virtual cycling and on-demand experiences using compatible stationary bikes and then progress into participating studio classes, local experiences and destination events.

For local businesses, the model is designed to create additional opportunities to reach both residents and travelers. Fitness studios can participate through classes and events, while hotels, restaurants, attractions and tour operators can become part of the destination experience.

The company believes this structure can create a scalable ecosystem connecting:

Virtual Participation → Studio Classes → Local Experiences → Regional Events → Destination Travel

"Our goal is to bring people together while supporting the local businesses that make each destination unique," John said. "We want our events to create new opportunities for local fitness studios, restaurants, hotels, attractions and other businesses."

Planned Use of Seed Capital

As EscapeSquid enters its next stage and as part of its planned market rollout, EscapeSquid intends to host kickoff dinners and fitness evening events in select U.S. cities, with event details expected to be announced later in 2026. Initial markets are expected to include Nashville, Tennessee; Portland, Oregon; Anaheim, California; Dallas, Texas; Philadelphia, Pennsylvania; Chicago, Illinois; and New York City, New York. The events are intended to introduce the EscapeSquid experience while bringing together participants, local fitness operators, hospitality partners and other local businesses.

The $2.5 million seed initiative is intended to help EscapeSquid move into its next stage of growth. The company plans to use the funding to expand its technology, grow fitness and studio partnerships, build its hospitality and travel network, and launch local and destination events in select U.S. markets.

About EscapeSquid

EscapeSquid, developed by Xanh Entertainment Inc., is a travel platform that connects virtual fitness and stationary cycling with local experiences, fitness studios, events, hospitality and destination travel.

Media Contact

John Phung
Xanh Entertainment Inc. / EscapeSquid
Phone: +1 (503) 358-9258
Email: [email protected]
Website: www.escapesquid.com

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This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results of the Company. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements.

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SOURCE EscapeSquid