MEDIROM Healthcare Technology‘s Subsidiary, MEDIROM MOTHER Labs, Raises an Aggregate Total of JPY260.3 Million in its Series A Financing Round
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MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM) announced that its subsidiary, MEDIROM MOTHER Labs, has raised JPY260.3 million in a Series A financing round, with a pre-money valuation of JPY9 billion. The round is led by NFES Technologies Inc., with participation from M3, Inc. and Elematec Corporation.
December 13, 2024 | 9:45 pm
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MEDIROM Healthcare Technologies' subsidiary, MEDIROM MOTHER Labs, raised JPY260.3 million in a Series A round, indicating strong investor confidence and potential growth.
The successful Series A financing round for MEDIROM's subsidiary suggests strong investor confidence and potential for growth, which is positive for MEDIROM's stock. The pre-money valuation is significantly higher than MEDIROM's current market cap, indicating potential undervaluation.
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