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FLOW Vaping Devices Raises USD 10.89 Million
H 秩名2019-05-26Views 22356Source IQOS资讯网
FLOW vaping devices has raised USD 10.89 million across angel and Pre-A rounds, with Matrix Partners China leading the latest investment.
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With the old and new e-cigarette brands continuously obtaining financing, the “FLOW Flow” e-cigarettes released at the Beijing Water Cube at 7:30 p.m. on January 15 of this year have also obtained financing, and it is continuousWe have received two rounds of financing: angel round and Pre-A round.
On May 23rd, FLOW announced the completion of a financing round led by Matrix Partners China and followed by a first-tier US dollar institution, One3 Capital and Jager Capital, with a cumulative amount of $10,891,978 USD. Palm Capital acted as the exclusive financial advisor for the financing. The financing funds will be used for product iteration and user experience upgrade.
Founder Zhu Xiaomu Zhu told 36 Krypton, similar to traditional tobacco, the essence of small cigarette products still lies in the & ldquo; smoke products & rdquo;, so the taste of the tobacco oil is currently the team's most important aspect. As the atomizer core technology has matured, FLOW Flow will put more R & D centers on the smoke oil after overcoming problems such as oil leakage and paste core.