Other News > Schneider Electric – Schneider Electric Energy Access Asia & Spark+ Africa closes US$3.75M Series A investment in ATEC for Global South Expansions

Schneider Electric – Schneider Electric Energy Access Asia & Spark+ Africa closes US$3.75M Series A investment in ATEC for Global South Expansions

July 2, 2024
Schneider Electric

  • ATEC, a global leader in IoT-enabled electric stoves, raises US$3.75M Series A for expansion across Asia and Africa
  • SEEAA is an impact fund dedicated to investing in start-ups that work towards increasing quality of life and boosting economic development in Asia

 

Schneider Electric Energy Access Asia (SEEAA), an impact fund managed by Schneider Electric, the leader in the digital transformation of energy management and automation, along with Spark+ Africa Fund closes US$3.75M Series A in ATEC to support global expansion across Asia & African markets of its market-leading IoT electric stoves. 

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