Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest ever regulation on electronic cigarettes. Myst Labs, a Chinese e-cigarette maker co-founded in 2019 by Chenyue Xing, a chemist who was part of the team at Juul that invented nicotine salt… Click below to read the full story from TechCrunch
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Juul inventor’s Myst lands funding as institutional investors turn to China’s e-cigs
