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Zendure stated that it had obtained a multi-million dollar series-A fundraising round led by Shanghai GP Capital and YOTRIO Company.
Fremont, CA: Zendure is an outdoor consumer electronics firm headquartered in Silicon Valley, California, and the Guangdong-Hong Kong-Macao-Greater Bay Area, China. Since its inception in 2017, Zendure has consistently produced novel products, achieved quick advancements in the key outdoor energy storage and power supply technologies, and continues to astonish users.
Bryan Liu, the founder of Zendure, said, "The outdoor clean energy lifestyle will gradually become mainstream worldwide. Zendure will release a series of products, including power banks, outdoor power stations, small outdoor appliances, and more, to create a trendy, fashionable, high-tech angle to the offerings in this lifestyle, to realize Zendure's mission of 'empowering outdoor life.' Thanks to our investors' confidence in Zendure, we are able to realize our vision of becoming the leading brand in the outdoor clean energy lifestyle market.
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Zendure has obtained a multi-million dollar series-A fundraising round led by Shanghai GP Capital and YOTRIO group. This round of funding will be used primarily to increase the R&D and sales teams, enrich and strengthen Zendure's outdoor clean-energy lifestyle product line, broaden the variety of energy storage situations the brand can handle, and accelerate the expansion of domestic and international sales channels. Simultaneously, Zendure's blockbuster product, the SuperBase Pro outdoor IoT power station, has raised over 1.3 million US dollars in its global launch on Indiegogo, a well-known technology product crowdfunding site.
Zendure holds over 60 global patents and has complete chain control in battery management systems, DC power, power inverters, cloud services, and app development. Passport, SuperTank, SuperWave, SuperBase, & other Zendure products have won prizes from Red Dot, iF, Good Design, and others. SuperTank Pro, a portable energy storage device, was bought by Apple's California headquarters in 2020 and was featured by leading international media outlets such as ZDNet, The Verge, and Forbes.
Zendure's core staff consists of seasoned team leaders and development specialists from major worldwide companies, including Apple, Huawei, and BYD. More than half of Zendure's workforce is committed to research and development.
The fast expansion of the renewable energy sector and the projected goals of "carbon peak" and "carbon neutrality" have boosted the energy storage market significantly. Coupled with changes in how people camp, the worldwide portable energy storage and outdoor consumer electronics industry is expanding quickly and will reach 100 billion dollars USD over the next five years.
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