Wonton Vape Raises Tens of Millions in Pre-A, Pod Product Launches Aug 19
On Aug. 15, vape brand WONTON announced that operator Yuntun Intelligent had completed a Pre-A round worth tens of millions of RMB. Funds will go toward R&D and channel expansion.
On August 15, news broke that the e-cigarette brand WONTON's operating company, Wonton Intelligent, announced the completion of several tens of millions in Pre-A round financing, with the round led by Guangfa Xinde Investment and Langchao Capital serving as the exclusive financial advisor.
Wonton founder and CEO Huang Yu stated that this financing will be used for product development, channel construction, and other areas. The first generation of WONTON's new pod-based e-cigarette will officially launch in China on August 19.
Guangfa Xinde's Executive Vice President Ao Xiaomin stated that Guangfa Xinde has evaluated dozens of domestic e-cigarette startup teams and highly recognizes the product design, channel management, and brand operation capabilities of Wonton's management team, which has been cultivated in excellent companies like Apple China. They believe that with Wonton's comprehensive strengths in product, marketing, channel, and operations, combined with Guangfa Xinde's capital support, it will become a leader in the e-cigarette industry, bringing greater value to users.
Wonton was established in early 2019, focusing on the research, production, and sales of e-cigarette products. The founding team comes from companies like Apple, Johnson & Johnson, Tencent, Cedar Holdings, and Loxin Medical, with many years of experience in product development, brand marketing, channel expansion, and operational management.
Huang Yu worked at Apple for nearly ten years, serving as the Southern China Director and Operations Director for Apple's Greater China Enterprise Division, driving sales in the Southern region from tens of millions to hundreds of billions; he joined Loxin Medical in 2015 as Chief Operating Officer and led Loxin Medical to become the second largest company in China's smart wearables within six months, successfully IPOing on the Growth Enterprise Market in 2016.
Wonton announced the completion of several tens of millions in angel round financing in April this year.
Huang Yu stated that from the end of 2018 to now, the Wonton team has been dedicated to refining products and overcoming several technical challenges in the industry. August 19 marks the launch of Wonton's first generation of new products.
Regarding the current fierce competition in the e-cigarette market, Huang Yu stated that this is precisely Wonton's potential advantage. Most mainstream e-cigarette brands, especially pod-based and disposable vapes, focus more on marketing than on product quality, showing a lack of respect for user experience. Common issues in the industry include rapid product launches with low-end craftsmanship, poor quality e-liquids, and severe oil leakage in pods.
"If the early entrants have educated users on what e-cigarettes are, Wonton hopes to tell everyone what a good e-cigarette is," Huang Yu stated.
To address the common complaint of oil leakage in pods, Wonton has adopted a design that combines oil core separation and dual condensation chambers. Before use, the pod is designed to prevent leakage in high-pressure and high-temperature environments, such as high altitudes, 60°C warehouses, and car trunks; after use, the dual condensation chamber design locks in the condensate, minimizing leakage.
Huang Yu stated that in the design of the vape pen, the golden ratio principle is applied, combined with a smooth and delicate colorful coating, providing a magical tactile experience; the integrated metal body is inlaid with finely crafted W-shaped edges, balancing texture and aesthetics.
Wonton is equipped with a 450mAh large-capacity battery, a Type-C charging port, and the mouthpiece is made of medical-grade materials. When users take 15 consecutive puffs, there will be a vibration reminder indicating that the nicotine salt intake is equivalent to that of a traditional cigarette, reminding users to moderate their consumption. In terms of e-liquid, Wonton sources high-quality e-liquids globally, with most flavors developed in collaboration with experienced perfumers from Europe and the UK (TPD and MSDS certified), while some flavors are sourced from well-known domestic e-liquid manufacturers, ensuring food-grade safety standards.
Wonton's first generation of new pod-based e-cigarettes will officially launch in China on August 19.
Wonton founder and CEO Huang Yu stated that this financing will be used for product development, channel construction, and other areas. The first generation of WONTON's new pod-based e-cigarette will officially launch in China on August 19.
Guangfa Xinde's Executive Vice President Ao Xiaomin stated that Guangfa Xinde has evaluated dozens of domestic e-cigarette startup teams and highly recognizes the product design, channel management, and brand operation capabilities of Wonton's management team, which has been cultivated in excellent companies like Apple China. They believe that with Wonton's comprehensive strengths in product, marketing, channel, and operations, combined with Guangfa Xinde's capital support, it will become a leader in the e-cigarette industry, bringing greater value to users.
Wonton was established in early 2019, focusing on the research, production, and sales of e-cigarette products. The founding team comes from companies like Apple, Johnson & Johnson, Tencent, Cedar Holdings, and Loxin Medical, with many years of experience in product development, brand marketing, channel expansion, and operational management.
Huang Yu worked at Apple for nearly ten years, serving as the Southern China Director and Operations Director for Apple's Greater China Enterprise Division, driving sales in the Southern region from tens of millions to hundreds of billions; he joined Loxin Medical in 2015 as Chief Operating Officer and led Loxin Medical to become the second largest company in China's smart wearables within six months, successfully IPOing on the Growth Enterprise Market in 2016.
Wonton announced the completion of several tens of millions in angel round financing in April this year.
Huang Yu stated that from the end of 2018 to now, the Wonton team has been dedicated to refining products and overcoming several technical challenges in the industry. August 19 marks the launch of Wonton's first generation of new products.
Regarding the current fierce competition in the e-cigarette market, Huang Yu stated that this is precisely Wonton's potential advantage. Most mainstream e-cigarette brands, especially pod-based and disposable vapes, focus more on marketing than on product quality, showing a lack of respect for user experience. Common issues in the industry include rapid product launches with low-end craftsmanship, poor quality e-liquids, and severe oil leakage in pods.
"If the early entrants have educated users on what e-cigarettes are, Wonton hopes to tell everyone what a good e-cigarette is," Huang Yu stated.
To address the common complaint of oil leakage in pods, Wonton has adopted a design that combines oil core separation and dual condensation chambers. Before use, the pod is designed to prevent leakage in high-pressure and high-temperature environments, such as high altitudes, 60°C warehouses, and car trunks; after use, the dual condensation chamber design locks in the condensate, minimizing leakage.
Huang Yu stated that in the design of the vape pen, the golden ratio principle is applied, combined with a smooth and delicate colorful coating, providing a magical tactile experience; the integrated metal body is inlaid with finely crafted W-shaped edges, balancing texture and aesthetics.
Wonton is equipped with a 450mAh large-capacity battery, a Type-C charging port, and the mouthpiece is made of medical-grade materials. When users take 15 consecutive puffs, there will be a vibration reminder indicating that the nicotine salt intake is equivalent to that of a traditional cigarette, reminding users to moderate their consumption. In terms of e-liquid, Wonton sources high-quality e-liquids globally, with most flavors developed in collaboration with experienced perfumers from Europe and the UK (TPD and MSDS certified), while some flavors are sourced from well-known domestic e-liquid manufacturers, ensuring food-grade safety standards.
Wonton's first generation of new pod-based e-cigarettes will officially launch in China on August 19.
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