Meme Box Obtained 73 Billion Korean Won Investment from Formation and Goodwater [start-up] Beauty start-up company Meme box said it had attracted $65 million 950 thousand (about 73 billion won) investment (Series C round) from the global professional VC firm Formation, Goodwater and other companies.
Due to this investment, Meme box cumulatively received $100 million (about 110 billion 500 million won) investment. Based on the investment, Meme box plans to commit to investing in mobile communications technology, data infrastructure and global network.
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Representative of Meme box He Hengxi (transliteration) said, “It’s very rare a start-up company attracts 1 billion investment from Silicon Valley “, “Since four and half years ago Meme box founded, communication technology, cosmetics, foreign industry has been a sunrise industry, I think this is the reason we can successfully bring the massive investment”.
Representative of Formation Brian Koo said, “Meme box is good at communication technology, for beauty company, it ha...
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