Snowplus, an e-cigarette brand, aims to revolutionize the vaping experience with its cutting-edge atomization technology and diverse flavor range. The company offers 12 different flavors, utilizing TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Noteworthy, SNOWPLUS adheres to stringent global safety standards and boasts multiple third-party safety certifications, meeting FDA and EU medical safety regulations. Established in 2017, the company operates in the E-Commerce and Hardware industries and secured a substantial CNY15.00M funding in their Series C round on 05 June 2020, with the backing of ZhenFund. This significant investment demonstrates the confidence of prominent investors in Snowplus's potential to disrupt the e-cigarette market with its innovative technology and unwavering commitment to safety.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | CNY15.00M | 1 | 05 Jun 2020 | |
Series C | CNY25.00M | 1 | 04 Jun 2020 | |
Venture Round | $125.00M | 1 | HK Rothsfortune Investment Management | 12 Mar 2020 |
Series B | CNY42.50M | 1 | 16 Aug 2019 | |
Series B | CNY18.00M | 1 | 15 Aug 2019 |
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