BioLite

Brooklyn, United States Founded: 2009 • Age: 17 yrs
Energy generation from wooden biomass, powerbank and solar kit
Annual revenue - Latest available
Total funding $16.2M 10 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Biolite India Private Limited
  • Date of Incorporation 17 Nov, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
    -$1.83 K (USD)
    62.16
    as on Mar 31, 2023
  • EBITDA
    -$1.41 K (USD)
    64.75
    as on Mar 31, 2023
  • Total Equity Funding
    $16.2 M (USD)

    in 10 rounds

  • Latest Funding Round
    $4 M (USD), Series B

    Feb 18, 2025

  • Investors
  • Employee Count
    Employee Count
  • 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.

Primary

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.

People of BioLite

Headcount 50-200
Employee Profiles 52
Employee Profiles
People
Aaron Hoffer
Electrical Engineer III
People
Anne Gatundu
Training And Development Consultant
People
Scott Klimcke
Creative
People
Aviva Jorstad
Director Of Ecommerce

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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 Rounds 10
  • Last Round Series B — $4.0M
  • First Round

    (12 Dec 2011)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2025 Amount Series B - BioLite Valuation

investors

Jun, 2024 Amount Series B - BioLite Valuation

investors

Nov, 2022 Amount Debt – Conventional - BioLite 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in equities, bonds, infrastructure, and impact projects are managed.
Founded Year Domain Location
-
Founded Year Domain Location
Venture capital fund focused on multiple sectors
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.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of agent-based payment solutions
2015
Manufacturer of portable power stations, solar generators, and home backup systems
2010

Financial Statements - BioLite

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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.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Hybrid renewable energy solutions are provided for rural communities.
domain founded_year HQ Location
Solutions for microgrid integration with main grids are provided.
domain founded_year HQ Location
Plug-and-play smart batteries are produced for off-grid energy storage.
domain founded_year HQ Location
Solar systems are offered with pay-as-you-go options in East Africa.
domain founded_year HQ Location
Provider of access to energy usage data

Latest news on Biolite

Frequently Asked Questions about BioLite

BioLite was founded in 2009 and raised its 1st funding round 2 years after it was founded.

BioLite is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.

Jonathan Cedar is the current CEO of BioLite. They have also founded this 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.

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.

BioLite's top competitors include Husk Power Systems, ConnectDER and Baobab +.

BioLite offers Solar String Lights, Power Stations, CampStove, Power Banks, and HeadLamps.

BioLite has made 2 acquisitions, including Baobab +, and Goal Zero.

BioLite has 10 investors. Key investors include Deutsche Bank, Acumen, Mirova, USAID, and KawiSafi Ventures.

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