Headlines in the Global Wellness Economy

Global Wellness News™ | October 6th, 2022

Katalyst, Fitness Pioneer Backed by Stripes and Cindy Crawford, Announces $26M Raise

PRNewswire/ — , a new standard in health and fitness, today announced its Series A fundraise led by Stripes and supported by investors including Incisive Ventures, Unlock Venture Partners, Robert Nelsen, Cindy Crawford, and Rande Gerber. Founded in 2015, Katalyst’s mission is to remove barriers to fitness and make a healthy lifestyle more attainable for everyone.

Post-pandemic, Telemedicine startups are evolving – this just one raised $6M for its hybrid approach

Miami-based Index Health has now raised a $6 million Seed round co-led by LAUNCHub Ventures and Inovo Venture Partners for its personalised telemedicine startup.

Virtual fragrance

Gucci launched a virtual perfume on Roblox in August. Called Gucci Flora, the virtual fragrance has no smell; rather, it includes a range of experiences, including challenges, games and interactive learning experiences, as well as a digital backpack inspired by the perfume bottle that Roblox users can wear.

The rise of sleep tourism

(CNN) – Going on a vacation might seem like a rather unconventional way to try to improve your sleep habits. But sleep tourism has been growing in popularity for a number of years, with an increasing amount of sleep-focused stays popping up in hotels and resorts across the world.

Mark Wahlberg-backed F45 Training evaluating $385 mln take-private offer

Oct 3 (Reuters) – Fitness chain F45 Training Holdings Inc (FXLV.N), whose backers include actor Mark Wahlberg’s investment firm, said on Monday it is evaluating a $385 million take-private offer from its third-largest investor, Kennedy Lewis Investment Management LP.

Peloton says it has six months to prove it can survive, according to report | CNN Business

Peloton is undergoing another round of layoffs – its fourth this year – with about 500 jobs being eliminated, as the exercise company’s new CEO sounded alarm bells about its ability to remain viable, according to a report. CEO Barry McCarthy announced the news to staff Thursday, the Wall Street Journal reported.

Curated Global Wellness News is posted every Tuesday and Thursday on the Industry News section of the GWS website. Catch up on last Thursday’s edition here.

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