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E-cig startup Juul plans to go global by raising $1.2 billion
"Juuling" might be a thing around the world in the future, because the e-cig-maker has big plans to go global. According to Bloomberg, Juul is raising $1.2 billion in a financing round, which would put the startup's value at a whopping $15 or $16 billion. If you need something to compare that to, Lyft recently reached a $15 billion valuation after raising $600 million. The publication says the company is hoping to use the money it raises from investors to make its USB vape pens available outside the US and Israel. Currently, if you want to buy its trendy pens and nicotine pods outside those two countries, you'd have to find resellers.
The VERTX is an e-cigarette with a touchscreen
The V2 company rolled out a new e-cigarette model this morning called the VERTX. I have no idea how that word is pronounced but the device does offer a number of unique features. For one, it's the only micro e-cig on the market with a touchscreen. Users can easily adjust both the heating element's voltage -- from 3.5V to 4.5V -- and the device's LED indicators simply by swiping across the VERTX's face.
Pax is bringing its vaporizer to Europe
Pax sells some of the best loose-leaf vaporizers -- and proprietary e-cig systems -- on the market. Over the past five years, though, its products have only officially been available in North America. Today, the San Francisco startup is branching out into Europe, beginning with the UK and Germany. But not all of its products are making the journey across the Atlantic yet.
Juul is the e-cig that will finally stop me from smoking (I hope)
I started smoking at 13. To be honest, I can't even pin the blame on peer pressure. Maybe it was my teenage desire to rebel; maybe I just wanted to look cool. I'm not sure why I started, but I know that I've never been able to stop. And I haven't had a day without a cigarette in at least 14 years. I've owned four e-cigarettes over the past three years, and despite my efforts to transition to vaping full-time, none of them have been able to replace tobacco for me. They have nonetheless been a good supplement, filling in when I'm unable, either due to social niceties or because it's forbidden, to smoke the real thing. Enter Pax Labs, the company behind the excellent loose-leaf vaporizer of the same name, which claims it's solved all my e-cigarette issues with its first attempt, the $50 Juul.
