ATEC supports households across Asia & Africa to transition to modern, decarbonised cooking through its patented IoT stove products - delivering cost efficiency to households, data-validated carbon credits to net-zero partners and aggregated consumption data for key stakeholders.
ATEC’s Impact Flywheel is our 'secret sauce' to disrupting traditional markets and delivering impact at scale. Through efficiently connecting emerging market households with international capital opportunities, ATEC leverages technology, opportunity and macro trends into actionable market outcomes.
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 - eCook magnetic induction stoves and ATECbio - ATEC delivers data-driven scalable impact.
Our embedded finance Pay-As-You-Go (PAYGO) technology make it easy and affordable for households to make monthly instalment repayments. Once the asset is paid off, households continue to enjoy modern cooking while usage data is simultaneously converted into carbon credits for up to 15 years.
As of February 2022 ATEC has solved clean cooking for 5,315 families, impacting over 26,000 lives.
April 27, 2022
Startup ATEC has raised US$1,313,000 in a bridge convertible note round
January 26, 2022
Voluntary carbon market will work on offsetting carbon and will make clean cooking accessible for all and improve livelihoods
December 21, 2021
ATEC Impact Flywheel is a blueprint for any organisation that wants to maximise it's potential in solving clean cooking