Multiple products ranked among the Best Sellers, and Shenzhen's best seller received 100 million in financing!

Multiple products ranked among the Best Sellers, and Shenzhen's best seller received 100 million in financing!

Mobile energy storage products are favored by investors as a track that many big sellers are competing to enter. In addition to Jackery, a subsidiary of Shenzhen Huabao New Energy, which is preparing for an IPO, EcoFlow, a unicorn in the category, whose parent company Shenzhen Zhenghao Innovation Technology Co., Ltd. also recently announced that it had won a round B financing led by China Fund, with Hillhouse Capital and CICC as co-investors.

 

Shenzhen Amazon energy storage sales hit $100 million in financing

 

According to relevant information, after this round of financing of US$100 million, EcoFlow's market value will exceed US$1 billion. EcoFlow's parent company, Shenzhen Zhenghao, was founded in 2017 and focuses on the production and sales of mobile energy storage products. It is known as the world's first mobile energy storage brand and mainly sells energy storage products such as outdoor convenient electricity and home energy storage on Amazon.

 

As a unicorn in the mobile energy storage category, EcoFlow has created a number of high-quality products. In addition to having many products on the Amazon Best Seller list, the brand has repeatedly broken sales records on multiple websites such as Japan. In China, the brand has become one of the top sellers in the outdoor power category on Tmall, and is well-known both at home and abroad.

 

Take this portable power bank for example. It has been on the shelves for less than a year, but it has received more than a thousand reviews on Amazon, with a score of 4.5, ranking 14th in the generator category. Most of the customer reviews are high-quality reviews, which is enough to show the potential of this brand.

 

 

 

Global battery energy storage market reaches $11 billion

 

As a category of products suitable for a variety of fields, outdoor power supplies are favored by a large number of consumers, such as outdoor travel, earthquake-resistant medical treatment, and related medical equipment power supply. It is estimated that by 2025, the global battery energy storage market size will reach US$11.04 billion, which is enough to show why capital is so fond of this track.

 

EcoFlow 's success is inseparable from its insistence on innovation. Its founder, Wang Lei, once worked for DJI, and he insisted on innovation and broke through the bottleneck of drone endurance. Today, the brand's R&D investment ratio is also very large, leading the brand to success.  

 

With the world's attention to the sustainable market, this market will have huge growth potential in the future, and sellers who produce related products can pay special attention to it.


Shenzhen

Amazon

Financing

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