Headlines in the Global Wellness Economy
Global Wellness News™ | October 20th, 2022
V3 Ventures launches to put €100M into startups in health, beauty and food
When the Biden Administration began sending out at-home COVID-19 testing kits, the vision was to keep a stock of easy-to-use diagnostic tools in the medicine cabinet alongside bandages and bottles of pain relief drugs. That led to a slew of startups entering the little-known diagnostics world .
NEW YORK, /PRNewswire/ — Anne Mahlum, Founder of Solidcore and Back on My Feet, has raised $5M for her new fitness and wellness venture called Ambition, which will open in February 2023. She has signed her first-5,800-square foot lease at 220 5th Avenue with three more locations currently in lease negotiations, one in Brooklyn and two more in Manhattan.
Moving the business beyond mindfulness, Calm is pushing further into healthcare. What’s happening: Launching a new app early next year, Calm Health aims to address the full spectrum of mental health needs with condition-specific programs, medication tracking, and more. Available to health insurers, care providers, and employers, the service hopes to “bridge the gap” between mental and physical health care.
Venture capital funds focusing on niche sectors are “in,” and Will Ventures is here for it.
Booking Botox is about to become much easier. On Tuesday, a new on-demand booking app for aesthetic services called Upkeep raised $2 million in seed funding, led by Anthemis Female Innovators Lab Fund and 1517 Fund. Upkeep works by allowing users to view and book neurotoxin and filler services, such as Botox and Juvederm, as well as facials, body contouring and hair removal.