EcoFlow, founded in 2017 and headquartered in San Jose, United States, has raised $104 million in total funding, reaching a $1 billion valuation. Its $100 million Series B round, led by HongShan (formerly Sequoia China), propelled its growth in renewable energy and portable power solutions. EcoFlow designs and sells solar panels, power stations, and home backup systems for both consumers and businesses. With investors like CICC and Rencent Capital, the company continues to lead in clean, smart energy innovation.