# BioLite

**Source:** https://www.startuphub.ai/startups/biolite
**Profile type:** Startup

> BioLite creates innovative off-grid energy products for outdoor recreation and emerging markets.

## About

BioLite designs and manufactures advanced energy products, including clean-burning cookstoves that generate electricity and solar charging/lighting systems. Their unique 'Parallel Innovation' model uses profits from outdoor products to fund solutions for off-grid communities, aiming to improve lives and protect the environment.

## Key facts

- **Slug:** biolite
- **Website:** https://www.bioliteenergy.com/
- **Location:** Brooklyn, United States
- **Founded:** 2009-01-01
- **Operating status:** Active
- **Total funding:** $6M
- **Sectors / tags:** Clean Energy, Climate Tech, Sustainability, Outdoor Recreation, Consumer Products, Social Impact, Energy Storage, Biomass, Solar Energy, Lighting Products, Cooking Appliances
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/biolite
  - Twitter: https://twitter.com/biolitestove
  - Facebook: https://www.facebook.com/biolitestove

## Frequently asked

### What does BioLite do?

BioLite designs and manufactures advanced energy products, including clean-burning cookstoves that generate electricity and solar charging/lighting systems. Their unique 'Parallel Innovation' model uses profits from outdoor products to fund solutions for off-grid communities, aiming to improve lives and protect the environment.

### What is BioLite's revenue?

StartupHub estimates BioLite's annual revenue at $472K (range $183K to $3.6M, 30% confidence), based on comparable companies in the sector.

### What is BioLite's valuation?

StartupHub estimates BioLite's effective valuation at $23.3M (range $14.7M to $35.3M, 10% confidence), based on comparable companies in the sector.

### How much funding has BioLite raised?

BioLite has raised a total of $6M in funding. The most recent round on record is Grant.

### Where is BioLite headquartered?

BioLite is headquartered in Brooklyn, United States.

### When was BioLite founded?

BioLite was founded in 2009.

### What industry does BioLite operate in?

BioLite operates in Clean Energy, Climate Tech, Sustainability, Outdoor Recreation, Consumer Products, Social Impact.

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