Venture Capital Access Online | Venture Capital News
Summary
LOS ANGELES, June 21, 2022-- MIRACLE MILES GROUP INC., a footwear technology enterprise that owns the popular brand Dream Pairs, officially announces today that it has closed a $100M Series A funding. "This round of funding has been closed despite a particularly challenging and turbulent capital market, which shows the confidence of world-class investors in the strength of our business," says Brian Cao, founder of MIRACLE MILES GROUP INC. "To prepare for global expansion, the company is developing an intelligent cloud platform to analyze the industrys big data. "We are very impressed by their diligence and perseverance while improving the customer experience journey," said Jiajia Zou, Partner of Sequoia Capital China. IDGs Partner Meng Lian also spoke very highly of the supply chain efficiency: "Miracle Miles Group has an impressive market share and keeps growing despite a global pandemic. With over two thousand shoe styles and twenty million users, MMTs mission is to create value for and make quality fashion accessible to consumers by providing stylish, functional, comfortable footwear with reasonable pricing.