E-FANER Technology creates the light of EV charger in Taiwan

Winston Chang, E-FANER Founder & CEO

To accelerate its international layout, E-FANER Tech recently moved to a new office of 100 square meters on Keelung Road in Xinyi District and simultaneously launched a new round of fundraising. Winston Chang admitted that the road to entrepreneurship is full of challenges. In addition to product technology and market development, the more critical thing is the flow of funds. E-FANER Tech started with a capital of NT$30 million, which has now increased to nearly NT$90 million, all of which came from the support of relatives, friends and angel investors. Winston said that even some elders are sure of the company's future development and are willing to use their retirement funds to support the entrepreneurship. Co-founder and Chairman Ivan Hsiao is the spokesperson for Taipower. He is optimistic about the trend of energy transformation. At the age of over 70, he still personally invested in new entrepreneurship and vigorously assisted in this round of fundraising, using his industry connections to attract the attention of legal persons.

Winston hopes that this round of capital increase will bring in partners with industry backgrounds to jointly participate in the global green energy transformation wave. In the future, the company will continue to invest in multinational safety certification, brand building and patent layout, and make good use of cross-border e-commerce platforms such as Amazon to expand the direct sales market. He emphasized that Taiwanese startups need not only funds, but also strategic vision and patience. E-FANER Tech hopes to become a shining representative of Taiwan in the global charging pile market.