MycoTechnology Secures $85 Million To Further Capitalise On Fermentation Platform With Worldwide Product Launches Colorado-based MycoTechnology has closed an $85 million Series E funding round. The investment was led by a representative of the Omani sovereign wealth fund, the Oman Investment Authority. Previous investors joined the round, including Tyson Foods, S2G Ventures, and Evolution VC partners. New backers joined alongside. Read More from the Global…
Vertical farms expand as demand for year-round produce grows (The industry is expected to grow to $9.7 billion worldwide by 2026, but faces challenges
Vertical Farms Expand as Demand for Year-Round Produce Grows Square Feet The industry is expected to grow to $9.7 billion worldwide by 2026, but it faces challenges, including high energy costs, technological limitations and the ability to scale. Greens growing in a warehouse operated by Plenty Unlimited, an agricultural start-up, in South San Francisco, Calif. Credit… Read More from the Global Wellness News ™
Indian fitness platform GOQii snaps up $10 million to develop its health metaverse (which gamifies fitness and rewards users)
Indian fitness platform GOQii snaps up $10M to develop its health metaverse Indian fitness technology company GOQii has scored another $10 million in an extended Series C equity funding round from Hong Kong-based game software and venture capital firm Animoca Brands. This time, the investment will support the development of its health metaverse, according to a press statement. Read More from the Global Wellness News…
Chris Hemsworth’s Centr Fitness App Bought by Mark Bezos’s High Post (value: $200 million)
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‘The Great Distancing’–Watch wellness brands and influencers try to remove themselves from now ‘toxic’ ideas (like Goop’s second-in-command just did)
The Great Distancing Last week my phone was blowing up with people eager to share the news: “Did you see? Goop’s second in command is renouncing the brand!” By that, they meant that Elise Loehnen, the former chief content officer at Goop, had uploaded an Instagram post seemingly severing ties with the wellness company. Read More from the Global Wellness News ™
Mindbody Launches Mindbody Capital to Help Power the Wellness Industry’s Recovery
Leading Wellness Industry Technology Platform Mindbody Launches Mindbody Capital to Help Power the Wellness Industry’s Recovery SAN LUIS OBISPO, Calif. , March 29, 2022 /PRNewswire/ — Mindbody, the leading experience technology platform for the wellness industry, today announced the launch of Mindbody Capital, an offering specifically designed to provide wellness businesses with easy access to funding to power their operations however they see fit. Read…
YSL’s New Fragrance Headset Will Help You Find Your Perfect Scent (The neurotech device analyzes your emotional response to different fragrances)
YSL’s innovative new neurotech headset will find your favourite fragrance The art of perfumery has long recognised the science of psychology. Last year, prompted by the pandemic’s multiple lockdowns, fragrance zoning became the newest wellness trend, with the idea that separating your routine or home into different fragrance ‘zones’ could help shape and define your day (go zesty in the morning for a boost of…
The Hot New Class at Your Gym? Resting (Gyms say they’re seeing increased demand for gentler classes and ‘recovery’ spaces)
The Hot New Class at Your Gym? Resting Americans emerging exhausted and depleted from more than two years of pandemic are looking for something new in their workouts: A good rest. Gyms say they are seeing increased demand for gentler classes, and they’re expanding their mellower offerings like yoga and meditation. Read More from the Global Wellness News ™
The New Sober-ish: Tiny doses of magic mushrooms, LSD, and cannabis have hit wellness culture, while the stigma around the drugs recedes
The new sober-ish Jamie, a 24-year-old from Albany, New York, has tried everything to improve her mood. She burned through two and a half years of therapy, reams of self-help literature, and so many tangerine-orange cylinders full of antidepressants. She has made significant lifestyle changes, like signing up for a regimented exercise program and leaving her suffocating hometown. Read More from the Global Wellness News…
Training with a Virtual Rocky Has Knockout Potential (Is VR fitness a revolution in waiting?)
Training with a virtual Rocky has knockout potential It’s Friday night and, against all the odds, I’m at the gym. Just me, some punchbags, a boxing ring – and Sylvester Stallone. He beckons me over. I’m out of my depth. Or am I? I look down. I’m ripped. A fine specimen, on my way to becoming a champion. Read More from the Global Wellness News…