What is ECOFLOW?
Founded in 2017, EcoFlow is dedicated to revolutionizing energy access through innovative portable power and renewable energy solutions. The company offers a range of products, including its DELTA and RIVER series of portable power stations and eco-friendly accessories, designed to provide reliable power in over 100 markets. EcoFlow's core mission is to develop lighter, longer-lasting, and sustainable clean energy storage systems. Their products are currently available in 40 countries and regions across Europe, supported by an extensive network of over 400 local retailers, reflecting a strong global expansion strategy.
How much funding has ECOFLOW raised?
ECOFLOW has raised a total of $104M across 2 funding rounds:
Series A
$4M
Series B
$100M
Series A (2018): $4M with participation from Delian Capital
Series B (2021): $100M led by Cicc and HongShan
Key Investors in ECOFLOW
Cicc
The IEEE Custom Integrated Circuits Conference (CICC) is a leading event focused on integrated circuit development. It features a diverse program that includes oral presentations, exhibits, panels, and forums showcasing original technical work and innovative circuit techniques. The conference aims to address practical problems in the field of IC development. Intended clients include professionals and researchers in the electronics and integrated circuits industry.
Delian Capital
Delian Capital is an investment firm that has participated in ECOFLOW's Series A funding round, indicating a focus on early-stage growth and strategic capital allocation within the technology and energy sectors.
HongShan
HongShan, a participant in ECOFLOW's Series B funding, likely provides strategic capital and market expertise to support the company's expansion and technological advancements in the renewable energy space.
What's next for ECOFLOW?
The recent major strategic investment signals a pivotal phase for ECOFLOW, likely enabling accelerated product development, market expansion, and enhanced manufacturing capabilities. This capital infusion is expected to bolster the company's position in the rapidly growing portable power and renewable energy market, potentially leading to new technological advancements and broader consumer adoption of their clean energy solutions. ECOFLOW's focus on innovation and sustainability positions it for continued leadership in the sector.
See full ECOFLOW company page
