San Francisco California based JUUL Labs is raising $721,555,937.00 in New Equity and Debt Financing.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, JUUL Labs is raising $721,555,937.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Kevin Burns played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About JUUL Labs
JUUL Labs’ mission is to improve the lives of the world’s one billion adult smokers by driving innovation to eliminate cigarettes. We’re a thriving team of scientists, engineers, designers, supply chain experts, customer service and business professionals who believe that design, technology and out-of-the-box thinking are the keys to creating the alternative to cigarettes. Launched in 2015, JUUL is the number one nicotine vaporizer in the United States, selling over twenty million JUULpods a month and growing fast. Headquartered in San Francisco and backed by leading technology investors including Fidelity Investments and Tao Invest LLC, JUUL Labs is disrupting one of the world’s largest and oldest industries.
To learn more about JUUL Labs, visit http://www.juullabs.com/
Contact:
Kevin Burns, Chief Executive Officer
415-829-2336
kevin@juullabs.com
https://www.linkedin.com/in/kevin-burns-a3b912111/
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