Jay-Z invests 61.6 Billiona naira into smart-ho,e tcehnology company.
Jay-Z has reportedly invested $110 million into the smart-home device maker, Wyze Labs, through his firm Marcy Venture Partners, which he co-founded with Larry Marcus, and Jay Brown. The company specializes in products such as digital thermostats, security cameras, and vacuum robots.
The investment from the rap legend brings Wyze Labs’ total funding to $146 million to date. It was founded in 2017 by Amazon veterans and can now boasts about 300 employees.
The post Jay-Z Invests 61.6 Billion Naira Into Smart-Home Technology Company appeared first on tooXclusive.