PAX Labs, founded in 2007, formerly known as Ploom, Inc. has created innovations in vapor science and technologies. The company was founded by two Stanford design program Masters graduates with a stated mission of making smoking obsolete. There creations are both technologically advanced and beautiful but also offers consumers a more effective vaporizer.
They have partnered with those in the fashion and music industries in the distribution of their PAX, PAX2 and JUUL vaping products and are also battling imitators in the courtroom because their cheaper counterfeit products are harmful to consumer. James Monsee, co-founder and chief executive offers says that safety is their company’s utmost concern and that consumer should purchase the PAX products from their website to ensure the quality product they stand behind. The company started legal proceeding against the knock off companies beginning with the Chinese manufacturer Shenzhen Chiamey Technology Co. after produces were seized by local authorities.
CMO and co-founder Richard Mumby stated that music and fashion has always been a natural fit for PAX. With the help of partners and new investors climbing on board with their technology advances, PAX Lab, Inc. raised $46.7 Million in funding. Previous investors Tao Capital Partners and Sand Hill Angels are joined by Fidelity Management and Research Company, Sivia Capital, Pharma and a group led by Chuck Pieper and Brian Finn. James Monsees, CEO and co-founder of PAX Labs, commented on how disruptive the innovative technology is to the $1 trillion tobacco industry.
PAX Labs innovative technology includes a cartridge that inserts into the JUUL e-cigarette that contains nicotine as a salt and PAX and PAX2 vaporizers of dry ingredients. Since the vaporizers do not burn the ingredients, they do not release smoke, but, instead vapor, which eliminates carbon monoxide and tar with their use. Studies by the UCSF published in the Official Journal of the American Academy of Neurology and the Clinical Pharmacology and Therapeutics states that ingredients heated to between 356 and 392 degrees measured almost no exposure to harmful combustion effects and the ingredients are more effective. As vaporizers eliminate harmful side effects of smoking, their popularity is growing, products are improving and PAX Labs are now creating a new experience for its consumers. PAX Labs are coming closer to their goal of eliminating smoking and their partners and customer are reaping the benefits.