Hydration brand Cure now valued at $22M as it mixes new funding into its growth plans The functional beverage market is indeed “exploding:” Cure has 60% penetration in e-commerce and outpaced first-quarter 2022 growth by 121%. Read More from the Global Wellness News ™
Gen Zs don’t have a lot of money, but they’re traveling anyway
Gen Zs don’t have a lot of money, but they’re traveling anyway Gen Zs aren’t easing into the travel market — they are exploding into it. Read the article on CNBC > Read More from the Global Wellness News ™
Digital Mental Health Company Spring Health Raises $71M, Hits $2.5B Valuation
Digital Mental Health Company Spring Health Raises $71M, Hits $2.5B Valuation Digital behavioral health benefits company Spring Health has raised $71 million in a new funding round. This brings the unicorn’s valuation to a whopping $2.5 billion. New York-based Spring Health is a B2B behavioral health organization that teams up with employers and health plans to offer digital support, meditation exercises, coaching, therapy and medication.…
U.S. grows as a hot springs destination
U.S. grows as a hot springs destination Water-based wellness is a hot trend these days. And operators of geothermal and mineral springs facilities and resorts in the U.S. are ramping up their offerings, letting enthusiasts know they don’t need to head overseas to get in a healthy soak. Read More from the Global Wellness News ™
Clearmind Medicine Raises $3.5 Million
Clearmind Medicine Raises $3.5 Million Synthetic psychedelic medicine company Clearmind Medicine Inc. (Nasdaq: CMND) (CSE: CMND) closed on a public offering on April 6 to raise $3.5 million. Clearmind said it expects to use the net proceeds from the offering for general corporate purposes, which may include operating expenses, working capital, future acquisitions, research and development, including clinical and pre-clinical testing of its product candidates.…
Omy Laboratoires secures $11 million financing round to expand into the U.S. market
Omy Laboratoires secures $11 million financing round to expand into the U.S. market The $11 million investment round led by Crédit Mutuel Equity with participation from Fondaction, BDC Capital’s Thrive Venture Fund and Accelia Capital will allow the Quebec City-based company, which has 27 employees, to hire additional staff and acquire new production equipment to roll out its product line on North American markets. Read…
Fit Hub secures $6.5M to expand tech-enabled fitness solutions in Indonesia
Fit Hub secures $6.5M to expand tech-enabled fitness solutions in Indonesia – TechNode Global Indonesian fitness startup Fit Hub has successfully raised $6.5 million to expand tech-enabled fitness solutions in Indonesia. The funding will be used to expand its offline and online presence, offering free workout content and e-commerce for healthy foods, apparel, workout equipment, and supplements. Read More from the Global Wellness News ™
Nutrition, Exercise: Medical Schools Boost Teaching of Healthy Behaviors to Fight Chronic Disease
Nutrition, Exercise: Medical Schools Boost Teaching of Healthy Behaviors to Fight Chronic Disease In the latest issue, The Future of Everything explores what’s ahead for education, from the pandemic’s long-lasting impact on a generation of students to new roles for tech in teaching reading. Read More from the Global Wellness News ™
After a turbulent few years for home fitness, Tonal gets fresh funding and new CEO
After a turbulent few years for home fitness, Tonal gets fresh funding and new CEO Following a few roller coaster years for home fitness, Tonal announces a new CEO and funding focused on getting the firm to profitability. Read More from the Global Wellness News ™
WeightWatchers Surges on Obesity-Drug Related Deal, New Wall Street Bull
WeightWatchers Surges on Obesity-Drug Related Deal, New Wall Street Bull Shares of WW International, previously known as WeightWatchers, soared 59% Tuesday in its largest move since March after it gained a new Wall Street bull, following the closing of its acquisition of a telehealth provider that will help it access the growing market for new obesity drugs. Read the article on Bloomberg > Read More…