EcoFlow, a San Francisco and Shenzhen, China-based mobile power company, raised over $4m in Series A funding.
Backers included Chunjia Assets, Delia Capital, SCUD Group and Guangzhou Penghui Energy.
The company intends to use the funds to expand R&D and sales, further deploy energy storage products, and expand into new markets.
Led by Eli Harris, co-founder and CEO, EcoFlow makes smart mobile power products to foster inclusion and help raise standards of living in areas of the world where power shortages limit economic growth and development. In its first year, the company filed for more than 20 patents in the area of energy storage, and designed, developed and produced its first product, the RIVER Mobile Power Station, which is now available for purchase through Home Depot, Camping World, Amazon, HSN and the EcoFlow website.
FinSMEs
30/04/2018