Africa Angel Investors NetworkBurn
Designs and manufactures of high-quality, life-improving cooking solutions for the mass market in sub-Saharan Africa.
Location: Kenya
Website: https://burnstoves.com/
Sector: Energy & Water
Funding Stage: Debt, Venture Round, Debt, Green Bonds, Venture Round, Debt, Debt, Venture Round, Grant, Debt,
Total Funding ($m): 136.68
# of Founders: 1
Founding Year: 2010
Funding Year: 2023
Status: Active
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $0.68m | Debt | Bettervest |
| 2022 | $4m | Venture Round | Spark+ Africa Fund |
| 2023 | $1m | Debt | Bettervest |
| 2023 | $10m | Green Bonds | n.a. |
| 2024 | $12m | Venture Round | Key Carbon |
| 2024 | $15m | Debt | European Investment Bank |
| 2025 | $5m | Debt | EDFI Management Company |
| 2025 | $80m | Venture Round | Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) |
| 2025 | $4m | Grant | African Development Bank |
| 2025 | $5m | Debt | Spark + Africa Fund |
Debt $0.68m
BettervestVenture Round $4m
Spark+ Africa FundDebt $1m
BettervestGreen Bonds $10m
n.a.Venture Round $12m
Key CarbonDebt $15m
