Meet an Unreasonable Venture

ATEC

Enabling clean cooking through smart biogas and smart electric cookstoves

Ben Jeffreys

CEO & Co-Founder at ATEC

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atecglobal.io

Employees 51–100

Headquarters Castlemaine, Victoria, Australia

ATEC exists to bring affordable electric cooking to every person on the planet with our patented IoT eStoves. 4 billion people across Asia & Africa still lack access to modern cooking solutions that don’t rely on wood or other biomass - generating more emissions than the global airline industry. ATEC’s patented IoT technology means stoves are mobile money integrated so that customers can access modern electric cooking for as little as $5/mth, then usage data is converted into 100% data-verified carbon credits - a global first for the sector. ATEC is now expanding its patented, fully-digitised product+carbon package across 8 markets in Asia & Africa - working with last-mile distributors and net-zero partners to decarbonise cooking at scale.

Energy & Environment

Notable Achievements

Over 15000 people now have access to clean, modern cooking thanks to ATEC* products
Closed 3 seed rounds of US$4.4m, raised US$2m in paygo debt
Winner of the Global PFAN social enterprise award, Sankalp Award, Google Impact Challenge, WE4F and

Currently Operating in Eleven Regions

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Press Mentions

July 4, 2024

Schneider Electric Secures $3.75M For Global South Expansion

Schneider Electric receives $3.75 million in funding to expand outreach for electric stoves in developing countries. The initiative aims to promote clean cooking solutions, reduce carbon emissions,...

Read on Saur Energy International »

July 3, 2024

Schneider Electric Energy Access Asia & Spark+ Africa closes US$3.75M Series A investment in ATEC for Global South Expansions

The story discusses the launch of a new online platform called "The Global Classroom" by the United Nations Institute for Training and Research (UNITAR). The platform aims to provide accessible and...

Read on WebWire »

March 22, 2023

ENGIE & ATEC sign landmark multi-country Digital MRV carbon credit agreement

ATEC signed a partnership with ENGIE to purchase up to 11.5m tons of Gold Standard carbon credits from Bangladesh and Cambodia

May 9, 2022

ATEC's mission to provide clean cooking solutions to all 'base of pyramid' households - Meaningful Business Community

Ben Jeffreys, Founder & CEO, ATEC, on his mission to be the global leader in clean cooking products for Base of Pyramid households by 2030.

Read on Meaningful Business Community »

September 16, 2021

How to Solve Clean Cooking for 4 Billion People: The Disruptive Potential of the ‘Impact Flywheel’

How the flywheel business model could unlock the disruptive potential of clean cooking technologies to create sustainable change.

Read on NextBillion »

August 31, 2021

Aquaculture sector helped to use sustainable clean energy - Khmer Times

Cambodian company EnergyLab is cooperating with a series of other domestic firms including ATEC Biodigesters to facilitate a change to green energy for the aquaculture sector.

Read on Khmer Times - Insight into Cambodia »