July 9

Press Release: Schneider Electric Energy Access Asia & Spark+ Africa Closes US$3.75 Million Series A Investment in ATEC for Global South Expansions

Schneider Electric Energy Access Asia (SEEAA), an impact fund managed by Schneider Electric, the leader in the digital transformation of energy management and automation, along with Spark+ Africa Fund closes US$3.75M Series A in ATEC to support global expansion across Asia & African markets of its market-leading IoT electric stoves. Other institutional investors in the round include DRW, Save the Children Global Ventures, Kibo Investments and iDE.

Photo courtesy of abitarroza.

Source: WebWire (link opens in a new window)

Energy, Technology
clean cooking, energy access, Internet of Things