Alliance between MEDIROM MOTHER and NFES Technologies for global healthcare promoted by smart tracker

From GlobeNewswire: 2024-08-23 21:12:34

MEDIROM Healthcare Technologies Inc. announces a capital and business alliance with NFES Technologies Inc., a subsidiary of NFES Inc. NFES Group will be the lead investor in MEDIROM MOTHER Labs Inc.’s Series A financing round, valuing MOTHER Labs at 9 billion yen. The alliance aims to promote the MOTHER Bracelet, a recharge-free smart tracker, to support global healthcare. NFES Technologies Inc. will focus on sales and system linkage of the MOTHER Bracelet and MOTHER Gateway telecommunication device, introducing the products to various industries.

NFES Technologies Inc., a subsidiary of NFES Corporation, is a health tech company specializing in the sales and system linkage of the MOTHER Bracelet smart tracker. This device, requiring no recharging, will be the centerpiece of their business model. NFES Inc., the parent company of NFES Technologies Inc., focuses on creative businesses. Together, they will work towards promoting health tech solutions and expanding their presence in the market. MEDIROM Healthcare Technologies Inc., listed on NASDAQ, is a prominent player in the health tech sector, offering customizable health management solutions.



Read more at GlobeNewswire: Capital and Business Alliance Formed Between MEDIROM MOTHER