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 salts, a key ingredient in vaping, recently raised “tens of thousands of dollars” from a Series B funding round.

Topics:  myst labs   chenyue xing   series b   thomas yao   in march   fang wang   techcrunch   european union    we ve   lime   facebook   malaysia   russia   canada   united kingdom   ecigwizard   relx   new york   u.s but yao    in   china   myst    myst   chinese   xing   juul   imo   ventures   ceo   li   myst s   funding   nicotine   e-cigarette   sales   small   industry   vaping   companies   tobacco   top   market   regulatory   production   makers   current   company   consumer   months   salts   ingredient   e-cigarettes   footprint   retail   player   players   lot   stores   partner   

 

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