
BioLite
Bring #EnergyEverywhere w/ BioLite products that cook, charge, and light life off the grid. Everyone deserves safe, affordable energy: https://t.co/pw2z9H0Bmw.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
* | $5.3m | Debt | |
Total Funding | 000k |
BioLite operates at the intersection of outdoor recreation and social enterprise, developing personal-scale energy products for two distinct markets: outdoor enthusiasts and off-grid communities in emerging nations. The company was founded in 2006 by Jonathan Cedar and Alec Drummond, who met while working at the design consultancy Smart Design in New York. Their journey began as a side project to create a better, more environmentally friendly wood-burning camp stove, moving away from fossil-fuel canisters. Cedar's mechanical engineering background and Drummond's product design skills were foundational to their early work.
The pivotal moment came in 2009 when the founders realized their core technology could address a global crisis: the health and environmental hazards of indoor cooking fires in developing regions. This led to the creation of a bifurcated business model known as "Parallel Innovation." Under this model, revenue from the recreational products sold in developed countries helps finance the development and distribution of low-cost, clean energy solutions in emerging markets. This dual-market strategy has been a core tenet of the company since its early funding rounds. BioLite is a certified B Corp, underscoring its commitment to social and environmental performance.
BioLite's product line is centered around thermoelectric generation, converting heat from fire into usable electricity. Their first major product, the CampStove, launched in 2012 and quickly gained traction in the outdoor market for its ability to cook meals while charging electronic devices. This initial success funded the development of the HomeStove, a larger cookstove designed to reduce smoke emissions by over 90% for families in Africa and Asia. Over the years, the company has expanded its portfolio to include smokeless fire pits, solar panels, rechargeable battery banks, and a range of lighting solutions like headlamps and lanterns. One of their key offerings is the SolarHome 620, a system providing solar lighting, charging, and an MP3/FM radio for off-grid homes. By 2023, the company's solutions had reached over eight million people and avoided over two million tons of CO2e emissions.
Keywords: off-grid energy, thermoelectric generator, portable power, clean cookstoves, outdoor gear, social enterprise, renewable energy, solar lighting, camping equipment, emergency preparedness, sustainable energy, smokeless fire pit, Parallel Innovation, B Corp, energy access, rural electrification, battery storage, portable solar panels, BaseCharge, CampStove