Weimu Technology
未目科技
Weimu Technology (未目（上海）科技有限公司) is the parent company of moody, a colored contact lens brand that has ranked first in online sales in its category . In November 2021, the company raised over 1 billion RMB in a Series C round co-led by 5Y Capital and KKR, with existing shareholder Source Code Capital also increasing its stake . The funding was one of the larger consumer-brand financings in that period, reflecting investor conviction in the domestic beauty-and-eyewear crossover segment. elsewhere's corpus does not cover more recent developments or the company's current strategic positioning beyond this 2021 financing.
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Coverage
December, Everything Within Reach | 5Y News Monthly
The big news from last month.
Source Code Capital portfolio company "moody" announced the completion of a Series C funding round exceeding 1 billion RMB, with existing shareholder Source Code Capital continuing to increase its stake.
Strengthen research teams and R&D centers, and accelerate international expansion.
5Y News | moody Announces Completion of Series C Funding Round Exceeding RMB 1 Billion
How Did They Become an Industry Champion in Just Two Years?
