# Salt Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/salt-labs

- Industry: Consumer Products
- Headquarters: Shenzhen, China
- Website: www.evovevape.cn
- Latest round: Angel (Nov 1, 2016)
- Investors on record: 1

## About

Salt Labs focuses on producing and distributing high-quality vaping products, including e-cigarettes and flavored e-liquids, aimed at enhancing the vaping experience for users across recreational and medicinal markets.Founded in 2016, Salt Labs operates out of Shenzhen, China, specializing in the vaping industry by manufacturing electronic cigarettes and e-liquids. The company has completed 2 deals, with the most recent investment round occurring on November 21, 2018. During this round, Salt Labs raised CNY 20 million from The Arena Capital. The founder's history is not publicly detailed, nor are there mentions of any prior companies founded by them.Evove Vape specializes in manufacturing and distributing a range of vaping products designed for both recreational and medicinal users. Their core product offerings include electronic cigarettes, vape pens, and a variety of flavored e-liquids that provide an alternative to traditional tobacco products. These products are engineered to allow users to adjust vapor production and flavor intensity, targeting retail shops, wholesalers, and direct consumers primarily in North America, Europe, and parts of Asia. The company emphasizes user experience and safety in addressing consumer concerns about tobacco alternatives.Evove Vape operates through a business model that includes direct sales to consumers and partnerships with retailers and wholesalers. Revenue is primarily driven by the sale of vaping devices, accessories, and proprietary e-liquids. Transactions typically involve bulk orders from retailers alongside direct-to-consumer sales through their online platform, accommodating both individual customers and larger retail orders. This approach allows Salt Labs to capture a wide market segment and provide flexible pricing and access to their product range.In November 2018, Salt Labs raised CNY 20 million in pre-A funding to support its business initiatives. The company plans to expand its product line with newer vaping devices and flavors, targeting a release date in late 2023. Additionally, Salt Labs aims to penetrate emerging markets in South America and expand its presence in Europe by 2024, leveraging the recent funding to enhance production capabilities and marketing efforts.

## Funding rounds

- Angel, Nov 1, 2016 — Autobot Capital Partners

## Investors

- Autobot Capital Partners (https://capitalatlas.ai/funds/autobot-capital-partners) — Angel