IoT electric stoves with data-verified carbon credits.
Cooking with wood is not only emissions, but also a leading cause of premature death in women. ATEC's Flywheel is our 'secret sauce' of how we use data technology to connect global capital with mass change at a global scale.
But we believe this secret sauce belongs to everyone, so we published the methodology in full on Next Billion on the link below.
ATEC provides households sustainable, affordable and accessible modern cooking products.
Through sales of our two flagship on-grid and off-grid products.
50% cheaper than LPG or charcoal, Magnetic Induction technology makes cooking cleaner, safer and more efficient.
Converting farm waste into safe and clean biogas for daily cooking needs plus high-value organic fertiliser.
Our embedded finance Pay-As-You-Go (PAYGO) technology make it easy and affordable for households to make monthly instalment repayments to access modern cooking for as little at $5 per month.
As of January 2023 ATEC has solved clean cooking for 9,721 families, impacting over 48,000 lives.
August 29, 2023
FairClimateFund, MECS & ATEC collaborate on carbon credit sharing via IoT cookstoves for clean cooking in Bangladesh & Cambodia.
March 22, 2023
The first major deal signed under Gold Standard’s new metered methodology
April 27, 2022
Startup ATEC has raised US$1,313,000 in a bridge convertible note round