Monday, June 17, 2024

Inbriz raised ten million in angel round of financing – Hemp and vape industry investment


Inbriz, an industrial hemp and electronic cigarette chain company, announces it raised ten million RMB in angel round financing. Investors are Kaijie Capital and Zeyi Capital.

Xianhuo International
Inbriz (Xianhuo International) investment details

Looking at the information of industry and commerce, we can see that Inbriz headquarters is in Shenzhen. Its predecessor is Pingyuan Intelligent Agricultural Technology. In April 2019, its name was changed to Shenzhen Inbriz(Xianhuo) Technology Co., Ltd.

According to the person in charge, Inbriz has set up an overseas structure and plans to launch an IPO in the United States or Canada as early as 2021. In the upper and middle industrial chains, Inbriz has reached strategic cooperation with many industrial hemp companies at home and abroad. In addition, Inbriz also participates in the integration of planting, plant extraction, product development and other industrial chains in order to control the quality of raw materials.

In the end products, Inbriz brand electronic cigarettes have been marketed. Inbriz CBD brand skin care products using CBD (cannabis bisphenol) ingredients will be launched in China soon. In terms of foreign trade distribution, Inbriz plans to supply electronic cigarettes and consumer raw materials mainly consisting of CBD, industrial cannabis broad-spectrum oil, CBD vapes.

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