Fundraising FoxiPower
NASDAQ: IPWRancho Cucamonga, US · Founded 2018 · Nevada corporation
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Zenhydro is an online store selling hydroponic gardening equipment and supplies, including grow lights, tents, nutrients, grow media, controllers, and harvesting tools. It offers over 1,000 brands and 25,000 products for indoor and soilless growers.
Founders & leadership
iPower was founded in 2018 by Chenlong Tan.
Board
Reported raises · per SEC filings
Form D private placements$8.5M disclosed across 3 of 4 rounds · 2020–2025
▶$5.2MraisedJan 2026 · 1 investors · OtherRule 506(b)
- Chenlong TanExecutive Officer, Director
- Bennet TchaikovskyDirector
- Hanxi LiDirector
- Yi YangDirector
- Yue GuoDirector
- Offering amount
- $28.2M
- Amount sold
- $5.2M
- Minimum investment
- $7.2M
- Sales commissions
- $394.8K
- Placement agents
- Digital Offering LLC
- First sale
- Dec 2025
- Incorporated
- Corporation, Nevada
- Federal exemptions
- 06b
▶$5MofferedJul 2024 · 1 investors · OtherRule 506(b)
- Kevin LilesDirector
- Hanxi LiDirector
- Bennet TchaikovskyDirector
- Kevin VassilyExecutive Officer, Director
- Chenlong TanExecutive Officer, Director
- Offering amount
- $5M
- Sales commissions
- $375K
- Placement agents
- Roth Capital Partners, LLC
- First sale
- Jun 2024
- Incorporated
- Corporation, Nevada
- Federal exemptions
- 06b
▶$3MraisedFeb 2021 · 2 investors · OtherRule 506(b)
- Chenlong TanExecutive Officer, Director
- Allan HuangDirector
- Kevin D VassilyExecutive Officer
- Offering amount
- $3M
- Amount sold
- $3M
- Minimum investment
- $500K
- Sales commissions
- $120K
- Placement agents
- Boustead Securities LLC
- First sale
- Jan 2021
- Incorporated
- Corporation, Nevada, 2018
- Federal exemptions
- 06b
▶$345KraisedJan 2021 · 3 investors · OtherRule 506(b)
- Chenlong TanExecutive Officer, Director
- Allan HuangDirector
- Offering amount
- $2M
- Amount sold
- $345K
- Minimum investment
- $25K
- Sales commissions
- $24.1K
- Placement agents
- Boustead Securities LLC
- First sale
- Dec 2020
- Incorporated
- Corporation, Nevada, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Frequently asked questions
- What does iPower do?
- Zenhydro is an online store selling hydroponic gardening equipment and supplies, including grow lights, tents, nutrients, grow media, controllers, and harvesting tools. It offers over 1,000 brands and 25,000 products for indoor and soilless growers.
- Who founded iPower?
- iPower was founded by Chenlong Tan in 2018.
- How much funding has iPower raised?
- iPower has disclosed $8.5M raised across 3 of its 4 known rounds.
- Where is iPower headquartered?
- iPower is headquartered in Rancho Cucamonga, US.