ATEC
Australian-cambodian social enterprise that produces small-scale biodigester system for rural cambodian households.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | $1.5m | Late VC | |
| Total Funding | 000k | ||
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ATEC Global is dedicated to addressing climate change by providing sustainable, affordable, and accessible clean cooking products for Base of Pyramid households. The company offers two flagship products: the ATEC Biodigester and eCook induction stoves, which cater to both on-grid and off-grid needs. ATEC's innovative approach combines electrification, digitization, and carbon markets to deliver trusted carbon credits and scalable impact. The business model includes leveraging patented IoT technology to enable pay-as-you-go (PAYGO) financing, carbon credits, and e-commerce, making clean cooking accessible to every household. ATEC primarily serves low-income families, aiming to improve their quality of life while contributing to global decarbonization efforts. The company generates revenue through product sales, carbon credit agreements, and financing solutions. As of February 2022, ATEC has positively impacted over 26,000 lives by solving clean cooking for 5,315 families.
Keywords: clean cooking, sustainable products, IoT technology, PAYGO financing, carbon credits, eCook stoves, Biodigester, electrification, digitization, scalable impact.