Health and wellbeing apps maker Palta raises $100 million

Health and wellbeing apps maker Palta raises $100 million ...

Target Global and other existing and new investors participated in the $100 million Series B round of Palta, led by Per Brillioth. The cash will be used to develop more products, such as its existing products Flo.Health, Simple Fasting, and others. Most of the company's revenue comes from customers in the US and Western countries, and Palta has proven its capabilities to develop and scale its range of leading mobile subscription products."

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