How much did Zendure raise?

Zendure raised an undisclosed amount in a Series A round on November 29, 2021.

Zendure, A Leading Lifestyle Brand For Outdoor Clean-Energy Products, Obtains Millions In Series-A Funding

PRIVATENov 29, 2021

Round Type

Series A

Palo AltoEnergyRenewable EnergyEnergy Storage

Description

Recently, Zendure announced that it has secured a multi-million series-A funding deal, which is jointly invested by Shanghai GP Capital and YOTRIO group. This round of funds will be mainly used to expand the R&D and sales team, enrich and improve Zendure's outdoor clean-energy lifestyle product line, expand the range of energy storage scenarios the brand can address, and accelerate the expansion of domestic and foreign sales channels. At the same time, Zendure's blockbuster product, SuperBase Pro outdoor IoT power station has exceeded 1.3 million US dollars in its global release on Indiegogo, a well-known technology product crowdfunding platform.

Quick answer

Zendure raised an undisclosed amount in a Series A round, dated November 29, 2021. Zendure is based in Palo Alto, California, United States.

How much did Zendure raise?: Zendure raised an undisclosed amount in a Series A round on November 29, 2021.
What does Zendure do?: Zendure is one of the fastest growing EnergyTech start-ups located in the technology hubs of the Silicon Valley, USA and the Greater Bay Area Silicon Valley, China, and Japan.
Where is Zendure based and how big is it?: Zendure is based in Palo Alto, California, United States.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Zendure that raised within 45 days of this round, from Fundz verified event records.

Hydrostor raised $250M (Funding Round) on January 10, 2022.
Hydrostor raised $250M on January 10, 2022.
ENERGY FOCUS, INC/DE raised $4.5M (Seed) on December 28, 2021.
Modern Hydrogen raised $30M on December 20, 2021.
Catalyze and GreenSpark Solar raised $5M (Series A) on December 20, 2021.
Talen Energy raised an undisclosed amount (Funding Round) on December 2, 2021.

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Company Information

Company

Zendure

Location

Palo Alto, California, United States

About

Zendure is one of the fastest growing EnergyTech start-ups located in the technology hubs of the Silicon Valley, USA and the Greater Bay Area Silicon Valley, China, and Japan. Our purpose is to help make energy available and accessible when and where you need it the most. When people and communities are without power, even for a day, it’s not just the comforts and conveniences of modern life that are lost. Power is survival. Power is connection. Bryan Liu, CEO and founder of Zendure, spent the first eight years of his life in a small village in rural China where there was no electricity at all. At night, his parents had to check his bed for snakes under the dim light of a kerosene lamp. When power finally came to his community, it was safer at night, it was easier to read and study, and televisions brought information and perspectives from around the globe into his community. Power is… power. We envision being a Clean EnergyTech platform that sustains communities and economies. We are thrilled to be working on the development of clean energy storage solutions with industry leading minds and partners who inspire our winning R&D, process engineering and entrepreneurial mindset to do what is right and to do it right. Our mission is to democratize the latest EnergyTech to deliver clean and affordable electricity via devices and services suitable for on-grid and off-grid living. Since 2013, our award-winning portfolio of rugged design, versatile and industry-leading Mobile Batteries, Portable Power Stations, ‘fast recharge’ IoT Home Energy Storage Solutions, has helped enhance the lives of Doers at home, work and play around the world. Our successes include SuperMini, SuperTank Pro, SuperBase Pro and the upcoming Home Energy Storage System - SuperBase V, along with our line of Satellite Batteries, Smart Home Panel, Smart Plug, EV Charger and Remote Energy Management App. If your values align with ours…

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What this usually means

Typical timeline to Series B

Series A companies typically raise their next round in 10-18 months

Zendure raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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