According to the media report, MOTI e-cigarette closed $50 million Series A financing round on September 18 officially.
The media said that the lead investor is He Yu Capital, Today’s Headline investor SIG took part in it.
According to incomplete statistics, in the first half of 2019, the number of investment in e-cigarette industry exceeded 35. According to the statistics of the amount of investment disclosed, the total investment exceeded at least 1 billion yuan. The largest known investment in the current transaction is MOTI’s $50 million financing.