Thursday, May 23, 2024

VPO vape completes 10 million yuan Pre-A financing

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The vape brand VPO has completed a 10 million yuan Pre-A round of financing recently, which is led by strategic investors.

Hao Xiaomeng, founder and product director of VPO, said that the funds will be used for the continuous development of new products and the construction of the offline and online sales channel system at this stage. VPO was founded in 2018.

The company’s first product, VPO Classic, a pod vape, has been sold nearly 30,000 sets through a single channel in Tmall’s flagship store.

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