Mazarine Technology Investments ('MTI') is our growth-stage venture fund entirely focused on companies with innovations in the realm of Digital Water.
Digital Water refers to solutions that deliver customer value by providing digital insights and decision support via innovations in Data Science, Computer Engineering, and Information & Communication Technology (ICT) through a combination of hardware/equipment and software. The need for Digital Water solutions cuts across multiple market segments including: agriculture, conservation, buildings, industry, utilities, and financial services.
What is the Fund's investment thesis?
The most attractive opportunity in ‘water’ over the coming 3 – 5 years is to invest in growth-stage companies providing digital insights and decision support tools, allowing customers to manage/mitigate risk, improve operational efficiency and reduce water and carbon footprint. Companies in this so-called 'Digital Water' realm with compelling offerings, and an in-depth understanding of both target markets and beachhead customers will see asymmetric revenue growth as they are able to scale in ways hardware-intensive companies cannot. Digital Water innovators will continue to benefit from the broader Industry 4.0 revolution and society’s and industry’s growing awareness of water-related risks and economic development challenges.
What's Mazarine's experience in Digital Water?
7 out of 11 of our FUND I portfolio companies are categorized as Digital Water. AQUAOSO, Clyr Pool, Conservation Labs, EQO, FLUME, SimpleLab, and Veracet are essentially in the business of delivering insights digitally, and/or supporting decision-making relating to water quality or quantity.
What about indirect water risk?
Whilst the Fund does have a focus on innovations that address the needs/objectives of 1) utilities and 2) users of water, a significant area of focus for MTI is on digital insights and decision support tools that address the risk management needs of 3) those who face indirect risks relating to water/wastewater. This 'exposure to' segment includes finance, insurance, reinsurance, REITs, futures traders, and public sector groups whose economics or 'brand' could be adversely impacted by unforeseen water quality or quantity events. This segment sits at the heart of climate-tech and climate adaptation.
ABOUT MAZARINE TECHNOLOGY INVESTMENTS L.P.
MTI is backing growth-stage companies with IP rooted in sensing, software, analytics, computer engineering, or other "Digital Water' innovations.
Established: January 2021
First Investment: Q3 2021
Stage: Series A
Expected Investments: 15
Check Size: $500,000 to $3M
Board Seat: Required
Syndicate Participation: Expected
HQ location: North America, Europe, Israel, ANZ