The game-changing investment, acquisition and funding news impacting the industry and driving the business of wellness this week.
Myomaster raises £350k to make elite level recovery accessible for every athlete
UK Sports recovery company MyoMaster has raised £350,000 in its first round of seed funding, with investment coming from former England Rugby Captain Chris Robshaw and Triathlete Ruth Astle.
The company, which is on a mission to help everyone prevent injury and boost performance, will use the capital to bolster global expansion, make key hires and support the launch of its first physical space at Westfield London, which is now open – delivering a first of its kind in recovery retail in the UK.
Fertility startup Expecting secures $1m from US and Israeli investors.
Expecting, a tech startup bringing transparency and credibility to the fertility market with a curated database of egg donors, surrogates and fertility clinics and agencies, has successfully closed its seed funding round, raising $1m from US and Israeli investors.
The startup, which connects intended parents with fertility agencies and clinics and digitizes the recruitment process of egg donor and surrogate candidates, plans to use the funding to support its new, simpler way for intended parents to easily find their ideal match.
Juicy Marbles lands $4.5m for plant-based steaks
The investment will be used to scale production to meet 2022 launch targets, with fully realised products in the retail sector early next year.
According to TechCrunch, the brand is planning to sell to supermarkets, not just artisanal grocers and restaurants. But says direct to consumer sales will be limited to special offers only owing to the complexity of producing “planet-responsible” packaging for shipping perishable goods to individual consumers.
Perfeggt secures $2.8m for its plant-based eggs
Plant-based egg maker Perfeggt has closed a $2.8m financing round from backers including EVIG Group, Stray Dog Capital, E2JDJ, Tet Ventures, Good Seed Ventures, Sustainable Food Ventures and Shio Capital.
The German foodtech company plans to debut its chicken-less egg product in early 2022 in Germany, Switzerland and Austria before expanding further in Europe later in the year.
Luma Health raises $130min series c funding to unify, automate, and transform patients’ healthcare journeys
Its latest round brings Luma Health’s total funding raised to $160m. The announcement follows 2x growth year over year since Luma Health’s founding in 2015 and nearly 900% three-year growth, garnering recognition as one of the Inc. 5000 Fastest-Growing Private Companies.
AllTrails raises $150m investment led by Permira
AllTrails, a digital guide to the outdoors, has raised $150m from the growth fund of global private equity firm Permira, which backs leading tech-enabled and digital businesses. As part of the transaction, Spectrum Equity will remain the company’s majority shareholder.
The investment will accelerate the company’s product development and international expansion, ultimately helping more people connect to the outdoors.