MEDIROM Healthcare Technologies (MRM) has released an update.
MEDIROM Healthcare Technologies Inc. has announced a capital and business alliance with NFES Technologies Inc., with the latter becoming the lead investor in MEDIROM’s subsidiary MOTHER Labs’ Series A funding round, valuing the company at 9 billion yen. This partnership aims to promote the MOTHER Bracelet, a recharge-free smart health tracker, and expand its use in various industries including nursing care, transportation, and manufacturing. MEDIROM anticipates this move to attract more investors and support the subsidiary’s growth and product distribution through department stores and e-commerce platforms.
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