Vape Industry Top 10 Financed Enterprises List

 

Electronic cigarette is an electronic product which imitates traditional cigarettes. It mainly consists of electric core, atomizer and plastic parts. Recalling the development of vape industry in recent years, the whole industry has developed rapidly, and the capital is optimistic about the vape industry. Many listed companies, like Oceania Liquid Labs, e liquid manufacturing company also have a strong interest in vape. They believe that vape can compete with or even partly replace traditional tobacco, and there is a huge space for future development.

At present, the main companies engaged in electronic cigarette business in China include Xiamen Intretech, Tianchang Group, Shanghai Shunho, Shenzhen Jinjia Color Printing Group Co Ltd, Smoore and Smok, etc. 2018 is the outbreak period of the market layout of vape industry, with the entry of multi-capital such as Source code, IDG and so on. However, this year’s CCTV 315 evening party exposed that electronic cigarettes also release harmful substances, endangering the health of smokers and passive smokers, long-term of vaping will also produce dependence on nicotine. This year, CCTV’s 315 party named electronic cigarettes, which triggered industry shocks, and is expected to bring about cooling down to the electronic cigarette investment market in a certain degree.

Following are some financing data of the top 10 financed vape enterprises in recent years for Vape hk readers’reference:

Vape Industry Top 10 Financed Company

Enterprise	Financed Date	Financing round	Amount	Investor
Blue White Tech	2015.9	A	50 million yuan	Juxin,Ruisheng TObacco
Laan	2017.11	A	6 million yuan	Yingnuo Angel, Development Fund
Zhisheng	2017.12	Angel	30 million yuan	Personal Investors
RELX	2018.6	Angel	38 million yuan	Source code, IDG
Yibo	2018.7	Stratigic	70 million yuan	Yihua Stock
Gippro	2018.7	Angel	10 million yuan	Tong Chuang
IJOY	2018.8	A	300 million yuan	Not published
Evove	2018.11	Pre-A	20 million yuan	Dong Yu Capital
JUUL	2018	Public	12,8 billion dollar	Altria
Moti	2018.12	Pre-A	10 million dollar	Zhen Fund
EUSN	2019.2	Angel	10 million yuan	Plum

Source: New Seed, Investment, IT Orange, China Business Industry Research Institute

Conclusion:

According to the list, Juul is the richest vape company in the world. Though RELX’s leader is good at marketing, Moti has a greater potential to do something big. However, there are always some invisible kings that don’t need financing at all in vape field like ALD Silmo, Feelm, Aspire, Yihi, ect. like the famous smartphone producer, Huawei, they are the true dominator of the market.

Source Link – https://vape.hk/2019-vape-investment-market-financed-enterprises/