NEWARK, Del., Sept. 11, 2026 — Xanh Entertainment Inc., developer of EscapeSquid, said it 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’s Virtual-to-Destination Model
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.”
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.
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.
“Our goal is to bring people together while supporting the local businesses that make each destination unique,” John Phung said. “We want our events to create new opportunities for local fitness studios, restaurants, hotels, attractions and other businesses.”
