About BioLite
BioLite is a company based in Brooklyn (United States) founded in 2009 by Jonathan Cedar.. BioLite has raised $16.2 million across 10 funding rounds from investors including Deutsche Bank, Acumen and Mirova. BioLite has completed 2 acquisitions, including Baobab + and Goal Zero. BioLite offers products and services including Solar String Lights, Power Stations, CampStove, Power Banks, and HeadLamps. BioLite operates in a competitive market with competitors including Husk Power Systems, ConnectDER, Fenix International, Mobisol and UtilityAPI, among others.
- Headquarter Brooklyn, United States
- Founders Jonathan Cedar
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Biolite India Private Limited
- Date of Incorporation 17 Nov, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-1.83 K (USD)62.16as on Mar 31, 2023
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EBITDA
$-1.41 K (USD)64.75as on Mar 31, 2023
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Total Equity Funding
$16.2 M (USD)
in 10 rounds
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Latest Funding Round
$4 M (USD), Series B
Feb 18, 2025
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Investors
Deutsche Bank
& 9 more
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Employee Count
Employee Count
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Investments & Acquisitions
Baobab +
& 1 more
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Products & Services of BioLite
BioLite offers a comprehensive portfolio of products and services, including Solar String Lights, Power Stations, CampStove, Power Banks, and HeadLamps. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Solar-powered lights for outdoor illumination and decoration.
Portable stations for charging devices in off-grid environments.
Efficient stove for outdoor cooking using biomass fuel.
Rechargeable batteries for mobile device power on the go.
Wearable lights for hands-free outdoor activities at night.
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Funding Insights of BioLite
BioLite has successfully raised a total of $16.2M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $4 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series B — $4.0M
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First Round
First Round
(12 Dec 2011)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series B - BioLite | Valuation |
investors |
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| Jun, 2024 | Amount | Series B - BioLite | Valuation |
investors |
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| Nov, 2022 | Amount | Debt – Conventional - BioLite | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BioLite
BioLite has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Deutsche Bank, Acumen and Mirova. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in equities, bonds, infrastructure, and impact projects are managed.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BioLite
BioLite has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Baobab + and Goal Zero. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of agent-based payment solutions
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2015 | ||||
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Manufacturer of portable power stations, solar generators, and home backup systems
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BioLite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Biolite Comparisons
Competitors of BioLite
BioLite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Husk Power Systems, ConnectDER, Fenix International, Mobisol and UtilityAPI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hybrid renewable energy solutions are provided for rural communities.
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| domain | founded_year | HQ Location |
Solutions for microgrid integration with main grids are provided.
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| domain | founded_year | HQ Location |
Plug-and-play smart batteries are produced for off-grid energy storage.
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| domain | founded_year | HQ Location |
Solar systems are offered with pay-as-you-go options in East Africa.
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| domain | founded_year | HQ Location |
Provider of access to energy usage data
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Biolite
Frequently Asked Questions about BioLite
When was BioLite founded?
BioLite was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is BioLite located?
BioLite is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of BioLite?
Jonathan Cedar is the current CEO of BioLite. They have also founded this company.
Is BioLite a funded company?
BioLite is a funded company, having raised a total of $16.2M across 10 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $5.3M, raised on Dec 12, 2011.
What does BioLite do?
BioLite was founded in 2009 in Brooklyn, United States, and operates in the renewable energy sector. Personal-scale energy products are designed and manufactured for off-grid applications and areas without reliable electricity. The flagship CampStove, a wood-burning stove, generates electricity from fire heat while producing near-zero emissions. Portable solar kits and power banks are also offered to support charging needs in remote settings.
Who are the top competitors of BioLite?
BioLite's top competitors include Husk Power Systems, ConnectDER and Baobab +.
What products or services does BioLite offer?
BioLite offers Solar String Lights, Power Stations, CampStove, Power Banks, and HeadLamps.
How many acquisitions has BioLite made?
Who are BioLite's investors?
BioLite has 10 investors. Key investors include Deutsche Bank, Acumen, Mirova, USAID, and KawiSafi Ventures.
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