Headlines in the Global Wellness Economy
Global Wellness News™ | September 22nd, 2022
Therabody Raises $165M, Doubles Down on Wellness
Therabody wants to build a holistic wellness empire. The latest: The performance recovery brand raised $165M in growth funding and released eight new products, a mixture of device upgrades and category extensions. The round, led by North Castle Partners and joined by Kevin Hart’s HartBeat Ventures and Aaron Rodgers’ Rx3 Ventures, will fuel Therabody’s push into stress relief, beauty, sleep, and more.
With Sexual Wellness Continuing To Generate Heat, Dame Closes $7M Series A Round – Beauty Independent
The latest round was led by In February last year, Listen Ventures led and Amboy Street Ventures participated in Dame’s Amboy Street Ventures, with participation from Listen Ventures, Flybridge, Echo and Forest Road Company. The funding will be used for product development and brand awareness. $4 million seed round.
Peloton is rolling out a $3,200 rowing machine – three times the cost of other leading rowers
MoneyWatch Peloton on Tuesday said it is adding a new exercise product to its lineup: a rowing machine that starts at $3,195. Consumers who also want to access its range of fitness classes will have to shell out another $528 annually. The struggling fitness company is touting the machine, called Peloton Row, for its “full-body cardio and strength” workouts.
Limitless Minds Raises $2.5 Million Seed Round to Make Mindset Training More Accessible – Limitless Minds
Limitless Minds (limitlessminds.com), a digital mental fitness company providing transformational coaching and on-demand mindset training, announced today it has secured $2.5 million in seed round funding. The round was led by Greg Williams, Co-Founder & CEO at Acrisure and venture capital firms Future Labs Capital and InterstateFusion.
Mark Zuckerberg: The metaverse will unfold in 3 steps, and one is happening ‘sooner than I thought’
Whether you’re strapping in for a Peloton ride or buying up virtual real estate, Mark Zuckerberg says you’ve joined the metaverse. On an August episode of the Joe Rogan Experience podcast, the Meta CEO said the evolution of virtual reality will unfold similarly to computers and cell phones: Gamers are the first to explore new technology, followed by mainstream users who want to use it to socialize.
Any Distance raises $1.5 million
The pre-seed funding round led by Bungalow Capital will help accelerate Any Distance’s mission to enhance privacy-focused movement and global wellness Atlanta, Georgia. September 20, 2022 /ENDURANCE SPORTSWIRE/ – Building digital and physical experiences to motivate people to be active, Any Distance today announced that it has secured $1.5M in a pre-seed round.
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.