Wonderbag

Wonderbag is a high-growth social enterprise aimed at reducing carbon emissions and empowering communities. Founded in 2008 in South Africa, the company has developed a non-electric slow cooker, the Wonderbag, designed for women cooking over open fires. This innovative product allows food to continue cooking for up to 8 hours without additional heat, significantly reducing fuel usage, indoor air pollution, and cooking costs. The company's impact is evident, as it can cut carbon emissions by up to 1 tonne annually and save 1,000 litres of water. Additionally, it gives back up to 1,000 unpaid hours to women and girls, addressing a significant global challenge highlighted by the World Health Organization – 2.5 billion people still cook over an open fire, leading to health hazards, deforestation, and carbon emissions. Wonderbag offers partnership opportunities such as pre-funded carbon offsets tailored for businesses and bulk purchases of Wonderbags for employees. These options are aimed at reducing the carbon footprint, saving time, and cutting energy bills. The company's compelling social and environmental mission, combined with innovative products and partnership opportunities, present a promising investment opportunity for venture capitalists seeking to support impactful and scalable solutions. With its track record and potential for global expansion, Wonderbag is positioned to significantly impact sustainability and community welfare.