The game-changing investment, acquisition and funding news impacting the industry and driving the business of wellness this week.
Felix Capital leads €15m funding round for YFood
German meal replacement startup YFood has secured €15m in a Series B funding round led by Felix Capital, with participation from Fonterra – the world’s largest dairy co-operative – and existing investors Five Seasons Ventures and New Ground Ventures.
According to a statement from YFood, the capital will aid international expansion efforts, as the company aims to roll-out its product range and business model across Europe.
Digital Health Provider Yes Health Raises $6m
Using AI that augments human health coaching, the company delivers personalised therapy for members at the right time directly to their smartphones. Its in-the-moment coaching generates up to 12 times the learning moments compared to programs that use phone or video-based coaching.
Moshi, a sleep app for children, secures $12m
The company, which has more than 100,000 subscribers, with 85 million stories played, says it will use the financing to roll out new features and content, as well as scaling up user acquisition.
Danone Manifesto Ventures invests $10m in Laird Superfood
The venture capital arm of French food corporation Danone has ploughed $10m into Laird Superfood — a plant-based health foods company with products including functional mushroom blends, coconut waters, coconut sugars and superfood coffee creamers.
According to a press release, the brand says it will direct the new funding towards product development, growing the brand platform and expanding and accelerating production at its manufacturing campus.