Global Wellness Institute Launches New Initiative to Showcase Regional Approaches to Wellness Innovation
Share Article
As technology, evolving consumer needs, and the pandemic landscape increase the pace of innovation across all sectors of the multitrillion-dollar wellness economy, the newly launched Wellness Innovation Initiative will put the spotlight on regional wellness innovation with the 2021 focus on finding game-changing companies in the Middle East
Technology and other forms of innovation are transforming the wellness economy as never before, and we’re excited to launch an Initiative that has a more focused regional lens, allowing us to shine a spotlight on wellness innovation in a different global region every year
Israeli venture capital fund Welltech Ventures, which specializes in wellness technologies, has invested $1 million in X-trodes, a startup in the field of bio-convergence. The company, which has already raised $2 million to date, has developed an innovative technology to monitor and analyze physiological and neurological signals for patients at home.
“X-trodes’ solution is very exciting, and it will bring about a real revolution in the realm of healthcare and wellness,” explain Galit Horovitz and Amir Alroy, co-founders of Welltech Ventures. “The ability and the need to follow patients remotely, which will give them greater control over their bodies and their daily routines, has become a central issue that is even more sharply felt in the coronavirus era.”