Founded in 2007 by two Stanford Design Masters program graduates, PAX Labs (formerly known as Ploom, Inc.) applies vapor science and technology across a number of industries, beginning with the smoking experience. Headquartered in San Francisco, the company recently launched its PAX 2 vaporizer, the second generation of its PAX product line, and JUUL, a fundamentally different e-cigarette and e-liquid platform.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 06/11/15 | $46,700,000 | Series C |
Fidelity Management & Research Company Sivia Capital Tao Capital Partners | undisclosed |
