Five Vape Brands Raised Over 200 Million Yuan in August

In fact, since the beginning of August, the e-cigarette industry has seen several brands secure funding. According to my incomplete statistics, in the 20 days of August that have passed, at least five brands have received financing, namely Gippro, WIPPO, Yinvai, Yishuang, and KMOSE.
 
Among them, Gippro secured 50 million in funding, WIPPO received tens of millions in its first round of financing, Yinvai completed 100 million in financing, KMOSE completed tens of millions in angel round financing, and Yishuang established a joint venture with Xiong'an Technology, with the five e-cigarette brands collectively raising over 200 million!

Yishuang E-cigarette and Xiong'an Technology establish a joint venture of 100 million

On August 14, Xiong'an Technology and Shenzhen Yishuang signed a strategic cooperation framework agreement, planning to establish a joint venture in Hong Kong to jointly expand the e-cigarette business into overseas markets, with a registered capital not exceeding 100 million, each holding 50% equity.

WIPPO Xiaopin secures 10 million RMB in Series A financing

On August 14, WIPPO Xiaopin secured 10 million RMB in Series A financing. As a rising star in the e-cigarette field, WIPPO Xiaopin received tens of millions in its first round of financing. The funds will continue to be used for product development, supporting channels with high-frequency consumption scenarios, and expanding into overseas markets such as Southeast Asia.

KMOSE E-cigarette completes tens of millions in angel round financing

According to media reports, recently, the e-cigarette brand KMOSE announced the completion of tens of millions in angel round financing. KMOSE co-founder and CEO Liu Haonan stated that this round of financing will mainly be used for product development and production, as well as building channels and brand partnerships.

Gippro secures 50 million from Meirui Health

On August 6, Meirui Health International (02327.HK) announced that it had signed a strategic cooperation memorandum with Japan's Gippro Group (GIPPRO Japan), based on both parties' optimism about the application of vaporization technology in health and the market prospects for cannabidiol in Japan. They will establish a joint venture in Japan to enhance the research and development of vaporization technology for health materials, as well as the brand operation and sales of related electronic vaporization products.

Meirui Health plans to invest 50 million to acquire 10% of Gippro Group's shares, while jointly establishing a Japanese operating company responsible for market development and operations in Japan, with Meirui Health holding 51% of the company. This means that Gippro Group is valued at 500 million RMB. In July 2018, it announced the completion of tens of millions in angel round financing, with the investor being private equity firm Tongchuang Weiye.

Yinvai E-cigarette completes 100 million financing

On August 3, the new e-cigarette brand Yinvai held a press conference in Beijing to announce the launch of its new disposable pod vape while also announcing the completion of 100 million in financing, although the specific investors were not disclosed.