Lessons from Investing in Cookstoves: Acumen’s Most Profitable and Impactful Sub-Sector
Since 2015, Acumen has invested $6 million in five companies that are transforming the way households cook through improved cookstoves, innovations in modern energy cooking, and access to cleaner fuels. These companies have collectively sold more than four million products, impacting the lives of 20 million people, and creating cleaner air for millions of families. They make up one of the most impactful sub-sectors Acumen has ever invested in.
We are proud to release a new report—Recipe for Success: Lessons from Acumen’s Cookstoves Investments—in partnership with Loughborough University under the Modern Energy Cooking Services (MECS) program. This report highlights five lessons from investing Patient Capital in clean cooking. We hope these lessons can help the next generation of companies and investors take our successes to a global scale and bring these products to the people who need them most.
To read the full report, click here.