Early Spotify Backer Puts $101 Million in Mental Health Venture
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A Swedish non-profit organization focused on improving the mental-well being of young adults has attracted 100 million euros ($101 million) in funding from its founders, Annika Sten Parson and Par-Jorgen Parson.
The Inner Foundation was set up by the husband-and-wife duo this year and has already made a number of investments including Meela, a platform offering personalized therapy for women, and StrongMinds, a non-profit for treating depression in sub-Saharan Africa.