BioLite
BioLite Inc. is a Brooklyn-based company founded in 2006 that develops and manufactures energy products aimed at both off-grid communities and outdoor enthusiasts. Its product range includes portable grills, stoves, power lights, and energy bundles, all designed to be compatible with various devices like smartphones and rechargeable battery packs. BioLite addresses the needs of two distinct markets: families in developing countries who rely on traditional wood fires for cooking, which poses significant health risks, and outdoor enthusiasts seeking efficient, fuel-independent cooking solutions. The company has pioneered advanced, clean-burning stove technology that significantly reduces indoor smoke emissions while generating electricity from waste heat, enabling users to charge devices and improve their living conditions. By focusing on innovative solutions, BioLite aims to tackle energy poverty and enhance environmental sustainability.
Top Stages
2 past transactions
EcoZoom
Acquisition in 2019
EcoZoom is a social enterprise and certified B Corp that brings ecological products to consumers worldwide. It started with improved cook stoves because the company saw that as one of the biggest needs in the world.
EcoZoom’s office in Kenya also sells solar lamps, water filters, and reusable sanitary pads to help create a more holistic healthy home solution and transform lives. It was founded in 2011 and is based in Portland, Oregon.
Baobab+
Baobab+ is a social business that expands access to energy and digital services by offering innovative products paired with financing options. The company markets items such as solar kits, solar generators, smartphones, and cookstoves through affordable repayment plans designed for local populations. By providing these products with financing, Baobab+ aims to help underserved communities improve living standards, create income opportunities, and participate more fully in the digital economy.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.