BURN

Creating a world where cooking positively impacts all life on earth.

General Information
Company Name
BURN
Founded Year
2011
Location (Offices)
Kenya +2
Founders / Decision Makers
Number of Employees
1069
Industries
Food and Beverage, Manufacturing, Clean Energy
Funding Stage
Private Equity
Social Media

BURN - Company Profile

BURN is a Kenyan-based startup with a compelling vision encapsulated in its slogan, "Creating a world where cooking positively impacts all life on earth." Since its establishment in 2011 , the company has been dedicated to developing the world’s most efficient biomass, liquid fuel, and electric cookstoves that aim to revolutionize cooking and its environmental impact. With an emphasis on sustainability, BURN has positioned itself as the largest vertically integrated modern cookstove company globally. Its operations span over 10 countries in Africa and are powered by a world-class R&D and manufacturing facility based in Kenya. The company takes pride in its team, comprised of 50% women , who collectively produce and sell over 200,000 stoves per month at its solar-powered facility. Founder and CEO, Peter Scott, is widely recognized as a global leader in cookstove commercialization. BURN has garnered acclaim for its innovative solutions and significant environmental and social impact. Awards from Bloomberg New Energy Finance, Global Leap, and Ashden International testify to the company's influential standing. The company recently secured a $10.00M Debt Financing investment on 27 October 2023 from the Africa GoGreen Fund. This substantial investment attests to the confidence in BURN’s mission and demonstrates its potential to effect positive, measurable change for people, forests, and the climate. BURN prides itself on being an equal-opportunity employer committed to creating an exceptional workplace. The company's dedication to driving impactful change has cemented its position as an inspiring and promising player in the manufacturing sector. For those looking to be part of this transformative journey, a visit to BURN/careers offers the opportunity to join a world-class team dedicated to making a difference.

Taxonomy: clean cooking, biomass fuel, cookstoves, sustainable cooking, innovation, Kenya, women in leadership, carbon offset projects, equal opportunity employer

Funding Rounds & Investors of BURN (11)

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Funding Stage Amount No. Investors Investors Date
Private Equity Round $12.00M 2 Key Carbon 28 Mar 2024
Debt Financing $10.00M 1 27 Oct 2023
Debt Financing $4.00M 1 30 May 2022
Debt Financing $100.00K 1 bettervest GmbH 01 Aug 2021
Venture Round Unknown 1 Yunus Social Business 27 Sep 2019

View All 11 Funding Rounds

Latest News of BURN

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No recent news or press coverage available for BURN.

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