đŠ Spotlight
Happy Friday Los Angeles!
Love.Life is a high-end, holistic health and wellness club recently opened in Los Angeles, founded by former Whole Foods Market executives John Mackey, Walter Robb, and Betsy Foster. The 45,000-square-foot facility combines advanced medical diagnostics, personalized fitness and nutrition plans, and rejuvenating therapies under one roof. Membership options range from $300 to $50,000 annually, offering services such as detailed health assessments, specialized treatments, and access to various wellness modalities including cryotherapy, red light therapy, and advanced fitness equipment. With autoimmune diseases on the rise, the club aims to provide a comprehensive health experience that blends Eastern and Western practices, with additional perks like an on-site café and pickleball courts. Love.Life's approach emphasizes preventive care and personalized health management, catering to individuals who are willing/able to invest significantly in their well-being.
In parallel to this trend towards high-end, integrated wellness solutions, Hello Cake, an LA-based sexual health startup, is making strides in addressing women's sexual dysfunctionâa field where treatment options have been notably scarce. While erectile dysfunction has seen significant innovation for men, womenâs sexual health remains inadequately addressed, despite the Cleveland Clinic's estimate that 43% of women experience sexual dysfunction compared to 31% of men (hello underserved market). Hello Cake is introducing two new prescription products: Libido Lift Rx, a dissolvable tablet featuring oxytocin, tadalafil, and L-citrulline, and O-Cream, a topical treatment containing sildenafil. Priced at $54 for six doses, these products aim to help women love life by tackling low libido, filling a significant gap in the market where female libido is often overlooked. Despite the lack of FDA approval for these specific uses and limited trials, Hello Cake seeks to provide a novel approach to a common, yet medically nebulous issue, highlighting a crucial area of unmet medical need. Given its vibrant health and wellness culture, LA provides an ideal backdrop for innovative health companies like Love.Life and Hello Cake to address emerging needs in a city that's both health-conscious and open to new wellness trends.
đ€ Venture Deals
LA Companies
- Sahara AI, a startup that operates a decentralized network that allows users to control, scale, and monetize their personal knowledge and copyrights using AI and blockchain technology, raised a $43M Funding Round co-led by Pantera Capital, Binance Labs, and Polychain Capital. - learn more
- Ambercycle, a maker of recycled polyester, raised a $10M Funding Round from Shinkong Synthetic Fibers. - learn more
- JetZero, a developer of blended-wing aircraft, raised funding from Alaska Airlines. - learn more
LA Venture Funds
- Hawke Ventures participated in a $4M Seed Round for Heatmap, a data analytics tool for e-commerce websites. - learn more
- 75 & Sunny participated in a $31M Series B for Setpoint, an infrastructure provider for the credit industry. - learn more
LA Exits
- Datum Source, a developer of software that helps hardware companies find manufacturers, was acquired by Hadrian, a defense tech company. - learn more
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