Peloton has confronted plenty of scrutiny over the previous few weeks, together with an activist investor calling on the related health firm’s board to fireside its CEO and consider a sale. Now rumors are flying about potential consumers who could also be fascinated with a deal.
On Friday, The Wall Street Journal reported tech large Amazon “has been talking to advisers a couple of potential deal,” although there are not any ensures the corporate will really make a suggestion. Amazon did add to its fitness line last year – with a brand new wearable, plus exercise lessons, and a meal-planning service – however an organization spokesperson informed MobiHealthNews they do not touch upon rumors or hypothesis.
The Financial Times reported that each Amazon and Nike have been contemplating a Peloton deal, although neither have been in talks with the struggling health firm but. Insiders who spoke with the Monetary Occasions stated others could also be fascinated with shopping for Pelton, together with Apple and personal fairness firms.
Neither Nike nor Peloton returned a request for remark. Peloton inventory shot up Monday morning because the acquisition rumors circulated.
Reliance Well being, a tech-enabled healthcare firm centered on offering care in rising markets, introduced it had raised $40 million in Sequence B funding.
The spherical was led by Common Atlantic, with participation from Partech, Picus Capital, Tencent Exploration, AAIC (Asia Africa Funding and Consulting), P1 Ventures, Laerdal Million Lives Fund, M3, and Arvantis Social Basis.
The startup, which has places of work in Lagos, Nigeria, and Austin, Texas, presents medical health insurance, telehealth consultations and prescription supply. Sufferers may also entry in-person care by means of their household clinics.
Reliance plans to make use of the capital to broaden into new markets, add new merchandise and make new hires.
“Healthcare in rising markets is usually ignored by non-public initiatives as a result of it’s an especially complicated problem to resolve. At Reliance Well being, by leveraging new improvements to interrupt the constraints of legacy options, we consider there is a chance to resolve a few of these powerful issues and even for elements of healthcare in rising markets to leapfrog to different elements of the world.
“We’re excited to work with our buyers in direction of bringing affordability and accessibility in healthcare to underserved markets, finally saving lives all over the world,” CEO and cofounder Femi Kuti stated in a press release.
Daybreak Well being, a startup centered on insomnia remedy, has raised $1.8 million in a pre-seed spherical led by Kindred Ventures, according to TechCrunch.
The corporate’s app makes use of cognitive behavioral remedy to enhance sleep, and it pairs customers with a sleep coach they chat with after they want assist.
Sleep monitoring is a rising area for digital well being. Large Well being offers Sleepio, whereas Pear Therapeutics has a prescription digital therapeutic called Somryst for continual insomnia. In August, sensible mattress and related sleep gear maker Eight Sleep raised $86 million in funding, whereas Amazon’s Halo fitness tracker and the Oura Ring wearable additionally observe sleep metrics.
Telehealth contraception startup Twentyeight Health added Spanish language companies in 4 new states: Ohio, South Carolina, Tennessee and Virginia.
The corporate first introduced Spanish language support in November, first launching a web site with academic articles in Spanish, plus telehealth visits and messages in Texas and Florida.
“Although Spanish is among the most widely-spoken languages within the U.S., with greater than 40 million U.S. residents talking Spanish at house, a Health Affairs study published in 2021 reveals that Spanish audio system obtain roughly one-third much less care than different Individuals,” Twentyeight cofounder Bruno Van Tuykom stated in a press release.
“Our Spanish language companies will additional improve entry to sexual and reproductive take care of tens of millions of individuals throughout the nation.”