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 Wellness and Solo Travel at the Forefront

Travel insurance and assistance company Allianz Partners USA has identified a new emerging travel trend led by Americans (18-34), the ‘pay-cation.”

Glowbar Closes $10 Million Series A Funding Round

Glowbar, the skincare brand whose custom 30-minute, $65 clinical-grade facial has made it a breakout success in New York, has received a $10 million growth investment led by Peterson Partners, a Salt Lake City-based firm whose investments have included Allbirds, solidcore, Bonobos, Rails Clothing, and Madison Reed.
Read the article on AthleteTech News>

X-trodes awarded €5.2M Funding from European Innovation Council (EIC) to Advance Breakthrough Home Sleep Monitoring Solution

PRNewswire/ — X-trodes, a trailblazer in wireless monitoring solutions, is thrilled to announce its selection as a recipient of a €5.2M award from the…

Berlin-based healthtech eaze closes a €1.7 million pre-seed to
coach you through personalised sleep

They’ve developed a tech-enabled coaching app based on cognitive behavioral therapy (CBT), which provides data-driven sleep coaching.
Read the article on EU Startups>

Curated Global Wellness News is posted every Tuesday and Thursday on the Industry News section of the GWS website. Sign up to receive weekly industry news, trends and updates from the Global Wellness Summit. 

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