Peloton recalls 2.2 million exercise bikes over safety hazard Peloton is recalling 2 million exercise bicycles over safety concerns, the second major recall the fitness company has faced. The Consumer Product Safety Commission said in a release Thursday that the bikes’ seat posts can break during use, posing fall and injury hazards to users. Read More from the Global Wellness News ™
Solarea Bio, a biotech company that creates therapeutic medical foods from beneficial microbes, raises $15 million
Solarea Bio Announces First Close of Series B Financing Round CAMBRIDGE, Mass. , /PRNewswire/ — Solarea Bio, a clinical stage biotechnology company based in Cambridge, MA developing food-derived microbial-based solutions to aid human health, announced today a first closing of $15m in a Series B financing led by S2G Ventures with continued participation of Bold Capital Partners, Viking Global Investors, and GG 1978 SICAF SIF.…
11 investors predict a colorful, if difficult, future for psychedelic startups
11 investors predict a colorful, if difficult, future for psychedelic startups How far has the psychedelics medicines industry come over the past 12 months? Well, it depends on where you look. Read More from the Global Wellness News ™
Water park wellness center coming to Washington, DC
Water park wellness center coming to DC A destination unlike anything D.C. has experienced before is coming soon – at least, that’s the plan. Mayor Muriel Bowser made the announcement Thursday morning, saying the District has entered into an agreement with the Therme Group to bring a new health and wellness destination to the city. Read More from the Global Wellness News ™
US spa industry reaches record-breaking $20 billion revenue mark
US spa industry reaches record-breaking US$20bn revenue mark | spabusiness.com news The International Spa Association (ISPA) unveiled its five key US spa industry financial indicators from its 2023 US Spa Industry Study today during its 2023 Conference and Expo in Las Vegas, Nevada. Known as the “Big Five”, these statistics are revealed annually and include total revenue, total spa visits, number of spa locations, revenue…
The wildest fitness trend is jumping like a bunny
The Wildest Fitness Trend is Jumping Like a Bunny More casual gym-goers are going wild. Major chains are offering new classes where participants act like animals by getting down on all fours and imitating apes, donkeys, crabs and scorpions. Another teaches “caveman calisthenics.” Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Read More from the Global Wellness News ™
DarioHealth Announces $14.3 Million Private Placement
DarioHealth Announces $14.3 Million Private Placement Newly designated convertible preferred stock priced at the market under Nasdaq rules with significant participation by select members of leadership, the Board and existing investors Company also announces refinancing of $25 million borrowed funds, saving approximately $6 million in annual amortization payments Proforma cash balance as of the end of Q1 inclusive of the private placement funds and the…
Meet the women embracing menopause—and those hoping to end it
Meet the women embracing menopause—and those hoping to end it Remember when offering bottles of green juice at morning meetings seemed Startup founders are rushing to tackle menopause’s worst symptoms, sniffing a $16 billion opportunity. Others are trying to eliminate menopause altogether. Read the article on Fast Company > Read More from the Global Wellness News ™
Myndstream Streaming Service Tailors Spa Music to Treatments
Myndstream Streaming Service Tailors Spa Music to Treatments Myndstream launched a cloud-based spa music streaming service that offers a simple and intuitive system that delivers an audio experience for wellness and spa guests. The easily accessible solution promises to transform the way spas and wellness facilities approach music and sound in the treatment room and beyond. Read More from the Global Wellness News ™
Are health and wellness subscriptions the next frontier for grocers?
Are health and wellness subscriptions the next frontier for grocers? Last week, Hy-Vee unveiled a health and wellness subscription program that includes personalized nutrition counseling, preventative health screenings, fitness videos, virtual classes and more – taking a major step in advancing its existing health and nutrition efforts. Read More from the Global Wellness News ™