M3 Group Joins MEDIROM Mother Labs' Series A Financing Round at JPY9 Billion (as of December 1, 2024, approximately USD $59,000,000) Pre-Money Valuation
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MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) announced that M3, Inc. is participating in the Series A financing round of its subsidiary, MEDIROM MOTHER Labs Inc., with a pre-money valuation of JPY9 billion (approximately USD $59 million).
December 02, 2024 | 9:15 pm
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MEDIROM Healthcare Technologies Inc. has secured investment from M3, Inc. in the Series A financing round of its subsidiary, MEDIROM MOTHER Labs Inc., at a valuation of JPY9 billion.
The participation of M3, Inc. in the Series A financing round of MEDIROM's subsidiary is a positive development, indicating confidence in MEDIROM's business prospects. This could lead to increased investor interest and a potential short-term rise in MRM's stock price.
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