There has been an explosion in the health and wellness space over the last few years as more consumers demonstrate a willingness to invest in trending categories such as fitness wearables.

Calm, a leading, has been valued at $2bn (£1.5bn) following a $75m fund raise.

Tripp has raised $11.2 million in funding to help it continue to create meditation apps that power the “mindful metaverse.” Tripp reports that it will use the funding to help meet the growing global demand for mental wellbeing.