Formation Group Leads US$66 Million Series C Round for Memebox (Asia)

Source: TechCrunch  |  Author(s): Jon Russell

Venture capital firm Formation Group has led a US$66 million Series C round for South Korea-based beauty products e-commerce company Memebox. Early-stage investors Goodwater Capital and Pejman Mar Ventures also participated in the round. Memebox will use the new capital to expand globally.