Canadian DTC Telehealth Startup Felix Adds $10M in Series A Funding to Expand its Care Offering Felix, a Canadian digital health startup has raised $10M in Series A funding led by Whitecap Venture Partners. Other participants in the round include Mantella Venture Partners, BrandProject and US based H Ventures. Founded in January 2019, Felix is a DTC end-to-end digital healthcare platform providing telehealth and prescription…
F45 Training Enlists Mark Wahlberg Amid Turnaround
F45 Training Enlists Mark Wahlberg Amid Turnaround F45 Training is rebuilding its reputation after a tumultuous period of financial challenges and leadership changes. Leading the way. The first step, actor Mark Wahlberg was named F45’s chief brand officer. Making another key addition, the HIIT studio franchise announced GNC vet Tom Dowd as its new CEO. Read More from the Global Wellness News ™
Hydration brand Cure now valued at $22M as it mixes new funding into its growth plans
Hydration brand Cure now valued at $22M as it mixes new funding into its growth plans The functional beverage market is indeed “exploding:” Cure has 60% penetration in e-commerce and outpaced first-quarter 2022 growth by 121%. Read More from the Global Wellness News ™
Gen Zs don’t have a lot of money, but they’re traveling anyway
Gen Zs don’t have a lot of money, but they’re traveling anyway Gen Zs aren’t easing into the travel market — they are exploding into it. Read the article on CNBC > Read More from the Global Wellness News ™
Digital Mental Health Company Spring Health Raises $71M, Hits $2.5B Valuation
Digital Mental Health Company Spring Health Raises $71M, Hits $2.5B Valuation Digital behavioral health benefits company Spring Health has raised $71 million in a new funding round. This brings the unicorn’s valuation to a whopping $2.5 billion. New York-based Spring Health is a B2B behavioral health organization that teams up with employers and health plans to offer digital support, meditation exercises, coaching, therapy and medication.…
U.S. grows as a hot springs destination
U.S. grows as a hot springs destination Water-based wellness is a hot trend these days. And operators of geothermal and mineral springs facilities and resorts in the U.S. are ramping up their offerings, letting enthusiasts know they don’t need to head overseas to get in a healthy soak. Read More from the Global Wellness News ™
Roundup of Real Estate Research Reports and Resources
Roundup of Real Estate Research Reports and Resources In preparation for the upcoming Wellness Real Estate & Communities Symposium on May 2, the chairs of the Global Wellness Institute (GWI) Wellness Communities & Real Estate Initiative have identified some useful research reports and resources. We invite all leaders in the business of wellness to take advantage of these resources, especially if you are joining us in person or virtually…
Freddie Moross: Wellness Music at the Intersection of Art, Science & Culture
Freddie Moross: Wellness Music at the Intersection of Art, Science & Culture Music is in our DNA, an integral part of human cultures for millennia. Experts have defined music as “sound that conveys emotion” and it has often been described as the “soundtrack to our lives.” Our guest today, Freddie Moross, the CEO of Myndstream wellness music, invites us to consider the kind of music…
Clearmind Medicine Raises $3.5 Million
Clearmind Medicine Raises $3.5 Million Synthetic psychedelic medicine company Clearmind Medicine Inc. (Nasdaq: CMND) (CSE: CMND) closed on a public offering on April 6 to raise $3.5 million. Clearmind said it expects to use the net proceeds from the offering for general corporate purposes, which may include operating expenses, working capital, future acquisitions, research and development, including clinical and pre-clinical testing of its product candidates.…
Omy Laboratoires secures $11 million financing round to expand into the U.S. market
Omy Laboratoires secures $11 million financing round to expand into the U.S. market The $11 million investment round led by Crédit Mutuel Equity with participation from Fondaction, BDC Capital’s Thrive Venture Fund and Accelia Capital will allow the Quebec City-based company, which has 27 employees, to hire additional staff and acquire new production equipment to roll out its product line on North American markets. Read…