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 dedicated to enhancing access to energy and digital technology for underprivileged communities. The company offers a range of innovative products, including solar kits, smartphones, and cookstoves, all available through financing solutions tailored to the needs of local populations. By providing these essential tools, Baobab+ aims to improve living standards, enable income generation, and facilitate greater participation in the digital economy.
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