The game-changing investment, acquisition and funding news impacting the industry and driving the business of wellness this week.
Sexual health startup Rosy closes $2m seed round
The funding will be used to further develop its flagship platform, which provides women with groundbreaking access to information and interventions to solve their sexual health problems.
Impossible Foods closes $500m funding round to bolster growth
California-based Impossible Foods has secured approximately $500m in its latest funding round led by existing investor Mirae Asset Global Investments with participation from other existing Impossible Foods investors.
The brand, which is now the fastest-growing plant-based meat company in retail, has earmarked the capital to support continued growth in retail and across its supply chain, product portfolio, technology platforms and international expansion plans.
Musculoskeletal company SWORD Health raises $163m at $2bn valuation
SWORD Health, a digital musculoskeletal solution has completed a $163m funding round, valuing the company at $2bn.
Sapphire Ventures led the round with Sozo Ventures, with General Catalyst, Khosla Ventures, Founders Fund and more also participating.
The capital will enable SWORD to accelerate its mission to free two billion people from physical pain through more personalised musculoskeletal based offerings.
Mosaic Foods raises $6m seed to power the future of plant-based eating
The plant-based food brand will draw on the new capital to scale its core direct-to-consumer business, expanding into offline channels and launching new product lines that stay true to its vision of making plant-forward eating convenient for all.
Plant-based Apothekary Farmacy closes multi-million-dollar round
Apothékary, a plant-based farmacy delivering clean, natural alternatives to traditional over-the-counter drugs and supplements, has closed a multi-million-dollar funding round attracting individual entrepreneurs from the pharmaceutical, beauty and real estate industries.
The capital will enable the brand to further accelerate growth, retail expansion with partners in UK and Canada, grow its team and execute on its robust product innovation pipeline.
Mental wellness startup Wave banks $2m to support young adults
Wave, a mental wellness startup supporting young adults has announced it closed a $2m pre-seed round earlier this year. The round, led by Hannah Grey VC also featured participation from K50 Ventures, Tribe Capital, Alumni Venture Group, Verissimo Ventures, Conscience VC and strategic angels.
The company, whose app is launching to a public test audience early next year, plans to use the investment to support building a platform centred on tangible results, with measurable outcomes.