The game-changing investment, acquisition and funding news impacting the industry and driving the business of wellness this week.
Talent Hack raises $17m to fuel the fitness creator economy
The platform, which helps fitness creators run their business by delivering software that streamlines payment processing, website design and publishing, scheduling software, email automation, CRM and more, plans to use the new capital to funding will be used to expand its offering.
Daily Harvest secures Series D funding valuing it at over $1bn
Daily Harvest, a customer-first platform reimagining the future of food, has announced it has secured Series D funding, valuing the company at over $1bn. The round was led by Lone Pine Capital with existing company investors.
The startup plans to leverage the investment to advance its mission and make organic and regenerative fruits and vegetables more accessible across the country.
Delic completes acquisition of Ketamine Wellness Centers to become largest psychedelic wellness chain in US
Delic Holdings Corp., a leader in new medicines and treatments for the modern world, has announced the acquisition of Ketamine Wellness Centers Arizona LLC, becoming the largest chain of wellness centres providing ketamine treatments in the US.
With the close of this transaction, Delic’s consolidated revenue run rate is $11m
Mosaic Wellness raises $24m in Series A funding
Mosaic Wellness, which operates digital health clinic platforms Manmatters and Bodywise, has raised $24m in Series A funding. The round, led by Sequoia Capital India also featured participation from existing investors Elevation Capital and Matrix Partners India.
According to the company, the fresh funding will help it to build a stronger team and capabilities and invest in tech.
Viome Life Sciences Raises $54m
Viome Life Sciences, a mission-driven systems biology company aiming to help individuals improve their health, has closed a $54, in pre-series C funding round. The raise follows a $56m series B round announced in November 2019, bringing its total funds raised to date to over $125m.
The latest round of funding, which featured Khosla Ventures, West River Group, Glico, Physician Partners, and Bold Capital Group, will support expanded clinical research targeting aggressive cancers and chronic diseases, eventually leading to the development of early-stage diagnostics and therapeutics.
The Naked Market closes $27.5m series to accelerate the creation of new-age food and beverage brands
The Naked Market, a CPG business building a portfolio of food and beverage brands, has raised $27.5m in Series A funding. Integrated Capital led the round with participation from Great Oaks Venture Capital, Pacific Tiger Group, Sope Creek Capital and Clearco.
The company, founded in 2019 with a mission to create better-for-you food brands that meet the shifting interests and demands of today’s consumers, will use the influx of capital, which is a mix of equity and debt, to focus on in-house incubation (both internal brands and celebrity products), scaling existing brands and opportunistic acquisitions.
Personal care brand Cleo Coco secures $1m
Cleo+Coco, a new better for your body, clean personal care brand has raised $1m from friends and family.
The startup, which aims to deliver a higher standard in daily personal care while supporting the planet by providing effective, safe, and sustainable personal care products, plans to use the capital to support the launch of additional innovatively formulated clean products, further sustainability efforts and elevate the brand from indie to mainstream status.
Nick Jonas invests in health tech company Nurosene
Nurosene Health, a health tech company focused on building a generation of better brains, has won an undisclosed cash investment from musician Nick Jonas.
The move follows Nurosene’s acquisition of innovative pharmatech artificial intelligence leader, NetraMark. NetraMark’s proprietary AI technology will power the company’s data-driven health tech platform and enable a new era of predictive healthcare that will evolve the company’s mission.
Healthy food chain SaladStop! Raises SGD 12m
SaladStop!, Asia’s largest healthy food chain in Asia, has closed a SGD12 million series B investment round led by Temasek. Vulcan Capital, K3 Ventures, East Ventures and DSG Consumer Partners also participated.
Fundraising proceeds will be used to continue to accelerate the Group’s digital transformation including its investment in proprietary technologies. At the same time, the new funding will be deployed to deepen the Group’s expansion across Asia, enabling it to scale operations adding four new countries by 2025, and building out into second-tier cities through the continued expansion of its cloud kitchen model.