Shenzhen E-cigarette Brand MOTI Raised $50 Million in a Series A Round Funding Led by MSA Capital

Shenzhen E-cigarette Brand MOTI Raised $50 Million in a Series A Round Funding Led by MSA Capital
Shenzhen E-cigarette Brand MOTI Raised $50 Million in a Series A Round Funding Led by MSA Capital

Shenzhen e-cigarette brand MOTI raised $50 million in a series A round funding led by MSA Capital. Use of the investment is not disclosed.

Established in 2018, MOTI is committed to the R&D, manufacturing, and sales of e-cigarette. It now has over 70,000 offline stores covering 12 countries in Europe, USA, Southeast Asia, and Middle East. It is expected that MOTI will achieve ￥2 billion GMV in China and ￥500 Million in other overseas market.

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