Headlines in the Global Wellness Economy
Global Wellness News™ | September 29th, 2022
GlossGenius triples valuation, raises $25M to give beauty industry’s tech stack a makeover
New York-based GlossGenius raised $25 million to build fintech products for independent beauty and wellness professionals
Cake Adds $8M in Series A Funding to Build the World’s Most Approachable Sexual Wellness Brand
Image: Cake Sexual wellness brand Cake is on a mission to reinvent the sex aisle and has just picked up and another round of funding to continue executing towards this goal. With 200% year-over-year growth in 2022 the company is looking…
‘Music as medicine’ startup secures £1.2m investment with support from Finance Yorkshire
A medical technology startup that uses “soothing” music to help patients combat pain, anxiety and stress is to scale up… | Medical | Yorkshire & The Humber | Investment | Health & Care | Arts | Business Growth | Startups |
Nautilus seeks a buyer or other ‘strategic alternatives’ as pandemic fitness boom wanes
Vancouver exercise equipment company Nautilus said Monday it may sell the struggling business and it has hired an adviser to explore “strategic alternatives.” Nautilus makes the well-known brand of treadmills, exercise bikes and other workout gear that bear the company’s name. It also owns the Bowflex line of home gyms and the Schwinn bicycle brand.
Health and wellness startup Spa Space raises $10.2M
Health and wellness startup Spa Space has raised its largest investment yet with $10.2 million from private equity firm CI Capital Partners. The funding comes less than a year after Spa Space raised a $3 million seed round for brand awareness and platform development, according to a news release at the time.
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.