ATEC develops IoT induction stoves that enable women in the Global South to convert cooking emissions into income through verified carbon credits. By providing affordable, clean cooking solutions, ATEC addresses the health risks and environmental impact associated with traditional wood-burning stoves.
Funding
Funding not disclosed
Founders
Product
Problem
In the Global South, traditional cooking methods relying on wood-burning stoves contribute significantly to indoor air pollution, leading to health problems and premature deaths, particularly among women. These methods also contribute to deforestation and generate substantial carbon emissions, exacerbating climate change.
Solution
ATEC provides Internet of Things (IoT) enabled induction stoves and biodigesters to households in the Global South, offering a cleaner and more efficient alternative to traditional cooking methods. The IoT-enabled stoves allow for the measurement and verification of reduced carbon emissions, which are then converted into carbon credits. These credits provide income opportunities for users, incentivizing the adoption of clean cooking solutions. ATEC's pay-as-you-go (PAYGO) technology makes these stoves affordable through monthly installment plans.
Target Audience
ATEC's primary customers are households in the Global South, particularly women, who are seeking affordable, clean cooking solutions and income-generating opportunities through carbon credits.
Features
- IoT-enabled induction stoves that measure and verify carbon emission reductions.
- PAYGO technology for affordable monthly installment payments.
- Data-verified Gold Standard carbon credits to ensure accurate emission reduction accounting.
- Biodigesters that convert farm waste into biogas for cooking and organic fertilizer.
- Remote monitoring and diagnostics for stove maintenance and performance tracking.