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The New Frontier in Wellness

The New Frontier in Wellness
September 11 2020

People were shocked by the eery imagines on social media with the orange murky sky in Northern California. With COVID-19 and the California wildfire, air quality concern has been long in the making. 

Wildfires produce a range of harmful air pollutants, from known cancer-causing substances to tiny particles that can aggravate existing health problems and increase the risk of heart attack or stroke. The association between PM2.5 and heart and lung health effects is well documented in scientific literature.

The devices that have come to market in recent years are innovative and transformative to say the least. They deviated away from the traditional active carbon and HEPA filter models, and experimented with photo-voltaic technology to kill air pollutants, sensors that connects with your phones to modulate the air quality, and wearable models. 

The COVID-19 crisis further catapulted health and wellness into the center of the popular consciousness. As people pay more attention to the air they breathe, the total addressable market will continue to be capitalized. 

 

 

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Air Purifier Startups:

LG PuriCare Wearable Air Purifier is a revolutionary air purifier that you can wear and carry with you wherever you go. It resolves the dilemma of homemade masks being of inconsistent quality and disposal masks being in short supply. The PuriCare Wearable Air Purifier employs two H13 HEPA filters, similar to the filters used in the company’s home air purifier products.

Awair Glow is a small plugin nightlight that connects to an iOS or Android phone and lets you turn on a fan or air purifier if certain conditions are met. Customers can set it to trigger based on various environmental factors, which makes the air purifying process smarter, creating a nice thermostatic feedback loop in your room. Further, it tells the customer when there is too much particulate matter and can, for example, turn on an air purifier or dehumidifier.

Molekule is a science and technology company headquartered in San Francisco. It designs and manufactures air purifiers that use photoelectrochemical oxidation, a technology that the company claims may be useful against chemicals, microbes, allergens, and other forms of air pollution.

Naspers-Backed Crypto Luno Acquired by Digital Currency Group
Naspers Ltd.-backed cryptocurrency exchange Luno has been acquired by New York-based digital asset investment firm Digital Currency Group, according to a company release.
[Read more].
Tiffany’s $16 Billion Sale Falls Apart in Face of Pandemic and Tariffs
LVMH said that it was pulling out of the deal, citing a highly unusual request by the French government to delay the closing as well as the damage caused to the luxury industry by the pandemic. In turn, Tiffany sued the luxury giant in an effort to force the deal through. [Read more].
Since last week, PrivCo has added:
634 Companies | 74 M&A Deals289 Funding Activities

Funding & Deal Highlights:

Diverse talent platform Mathison, which aims to connect companies with workers coming from historically underrepresented communities, announced today that it has raised a $2 million seed round led by Animo Ventures.

LendingUSA, a leading point-of-sale financing provider, has announced that it closed a new credit facility and received a total financing package of up to $200 Million from Atalaya Capital Management, a privately held investment advisory firm based out of New York.

Prudential Private Capital provided $140 million of first mortgage bond financing to the Dayton Power & Light Company (“DP&L”), the wholly owned electric utility of parent company, AES, funding with execution certainty during the COVID-19 global pandemic. Prudential Private Capital is a leading source of private debt for public and private companies and is the private capital arm of PGIM, the $1.4 trillion global investment management businesses of Prudential Financial, Inc.

AnyVision, a NYC-based provider of AI-enabled visual intelligence software, raised $43m in funding. The backers were not disclosed. The company intends to use the funds to scale its Touchless Access Control and Remote Authentication products.

CH4 Global raised $3 million in seed round funding this week to turn seaweed into livestock feed to reduce ruminant methane emissions by up to 90 percent. Investors included unnamed family offices, private investors and government innovation groups, including the New Zealand Provisional Growth Fund, South Australian Research & Development Institute, the Australian Fisheries Research Development Corporation, and the South Australian Landing Pad.

Mustard, an elite-level motion analysis app for broad athletics coaching, is out in beta mode. The startup has raised $1.7 million in seed funding from investors including Shasta Ventures, Intersect VC and angel investors David Novak, Mike Dixon, Drew Brees and Nolan Ryan.

Undock, the New York-based company announced a $1.6 million seed round to advance its video conferencing platform that helps people instantly schedule, host, and document meetings.

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