Rich Americans spent $200B on wellness in last year | Headspace raises $105M | Momentum for social wellness

Headlines in the Global Wellness Economy Global Wellness News™ | July 27th, 2023 Affluent Americans spending big on wellness–$200 billion in the last year Ipsos’s new survey reveals that nearly two-thirds of affluent Americans say they’re very/extremely healthy (vs. only 40% of their non-affluent counterparts). Read the article on Ipsos > After layoffs, Headspace lands $105M in new financing Digital mental health and wellness company…

Another Goop? | Younger gens embrace faith | Trending: mobile saunas | AI personal trainer Magic, where holograms of sports stars coach you, raises $2.5M

Headlines in the Global Wellness Economy Global Wellness News™ | July 26th, 2023 Is the World Ready for Another Goop? Sporty & Rich, a popular line of merch that promotes healthy, luxurious living, is opening its first store-spa-cafe. Next stop: colonic clubs? New age religion Young gens are embracing faith in modern ways. UK-based AI personal trainer MAGIC raises $2.5 million to unite holographic tech…

The longevity economy: $610B by 2025 | Recovery-tech leader Hyperice raises $100M | Fitness/wellness app downloads drop

Headlines in the Global Wellness Economy Global Wellness News™ | July 20th, 2023 Health & Fitness Apps Face Uncertainty Amid New User Decline The digital fitness boom is over, but the industry may be healthier than it appears. The boom of the anti-aging market: How to get people to live to be 120 (and in good health) This thriving industry – which aims to reverse…

Trend: prescribing fitness | The new mood trackers | China’s online fitness giant Keep raises $40M

Headlines in the Global Wellness Economy Global Wellness News™ | July 18th, 2023 Third time’s a charm: Chinese fitness firm fit to list in Hong Kong Beijing-based Keep, which attempted to list twice in Hong Kong last year, has raised US$40 million from the sale of 10.84 million shares on its third attempt. Technogym Pushes Exercise as Medicine The Italy-based fitness equipment manufacturer is doubling…

The longevity clinic will see you now | Trend: mushroom chocolates | Digital health funding drops to $6B in first-half 2023

Headlines in the Global Wellness Economy Global Wellness News™ | July 13th, 2023 The Longevity Clinic Will See You Now-for $100,000 The clinics cater to a growing number of people obsessed with fighting aging and living longer via treatments that often lie outside mainstream medicine. Mushrooms Have Taken Over Fashion and Wellness. Up Next: Chocolate A new wave of confections are harnessing the ancient pairing…

Australia legalizes psychedelics | Hotels go deeper into wellness | New funding for sleep-tech startups

Headlines in the Global Wellness Economy Global Wellness News™ | July 11th, 2023 Australia legalises psychedelics for mental health Approved psychiatrists can now prescribe MDMA and magic mushrooms for disorders like depression. Resorts Tap Into Growing Wellness Tourism Market Hotels, like The Mark and Waldorf Astoria Beverly Hills, are partnering with brands to expand their on-site wellness offerings. Young Americans Lead ‘Pay-Cation’ Travel Trend With…

German smart fitness startup EGYM raises $225M | The medical tourism boom | In a hot world, personal cooling tech takes off

Headlines in the Global Wellness Economy Global Wellness News™ | July 6th, 2023 EGYM, the Munich-based smart fitness startup, raises $225M from Jared Kushner’s Affinity Partners The technology industry at large might not be in the best of health at the moment, but health and fitness startups appear to be alive and well. Spotify CEO’s Startup Neko Health Attracts Big-Name Backers The startup provides full-body…

Gen Z is reshaping fitness industry| The future? Post-generational perennials | $23M fund for sustainable proteins

Headlines in the Global Wellness Economy Global Wellness News™ | July 4th, 2023 Issue No. 240: Gen Z x Fitness Gen Z isn’t just hitting the gym; they’re reshaping the industry. Joyful Ventures debuts with $23M focused on investment in sustainable protein startups Joyful Ventures is a new venture fund looking for alternative protein startups that are disrupting a 100-year-old food system. Move over millennials,…

Goodbye Ozempic, new obesity drugs are coming | Silicon Valley = Psychedelic Valley | Food-as-medicine restaurant concept, Everytable, raises $25M

Headlines in the Global Wellness Economy Global Wellness News™ | June 29th, 2023 Goodbye, Ozempic A new class of drugs is transforming obesity care. They are not all the same. Magic Mushrooms. LSD. Ketamine. The Drugs That Power Silicon Valley. Entrepreneurs including Elon Musk and Sergey Brin are part of a psychedelic movement that proponents hope will expand minds, enhance lives and produce business breakthroughs.…

Medical meals rise | Joy therapy | Sabbaticals surge | Wellness vending machine startup raises $7.6M

Headlines in the Global Wellness Economy Global Wellness News™ | June 27th, 2023 Your Next Medical Treatment Could Be a Healthier Diet Meals to help treat and prevent medical conditions are in development, say food and insurance executives at WSJ’s Global Food Forum. Joy therapy People are practicing joy to better their hearts, minds, and spirits with intention. Opinion | Can Everyone Take a Sabbatical?…

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