Mazarine Ventures is a technology investment firm based in Chicago, Illinois, focused on generating social and environmental impact through early-stage investments. The firm specifically seeks out young companies that offer innovative solutions to improve efficiencies and address water and wastewater-related risks. Mazarine Ventures is particularly interested in founders who are proactive and dedicated to tackling challenges associated with public health, environmental protection, business continuity, and climate change. The firm invests in various sectors, including communications, networking, diagnostic equipment, biotechnology, water utilities, and software, targeting companies with revenue of around one million dollars. Through its investments, Mazarine Ventures aims to support ventures that contribute positively to society and the environment.
HOPE Hydration focuses on designing, manufacturing, and installing a network of advertiser-funded drinking water fountains in major cities and events. The company aims to provide clean, filtered, and chilled water to individuals while promoting sustainable hydration solutions that are easily accessible within a five-minute walk in urban areas worldwide. By incorporating advertising displays into their hydration stations, HOPE Hydration offers businesses and organizations branding opportunities, creating a potential revenue stream while encouraging hydration without the need for single-use water bottles. This innovative approach not only addresses the need for convenient hydration options but also contributes to reducing waste in public spaces.
Pani Energy
Seed Round in 2021
Pani helps optimize water treatment plants, accelerating the water sector toward net zero. Current product: a cloud-based machine learning software platform that can elevate the efficiency of industrial and city scale desalination and wastewater treatment plants, without any retrofits or disruption to operations. Pani's award-winning AI Coach™ aggregates and ingests data from the plant, then analyzes, visualizes, and instructs operators how to optimize their plant's performance, saving time, resources, and the environment.
WaterClick
Seed Round in 2021
WaterClick is a software company dedicated to accelerating the digitization of small and medium-size water and wastewater utilities. Despite best intentions, many communities find themselves unable to effectively digitize their utility, translating into continued operational inefficiencies, less visibility into asset health & system risks, and an inability to efficiently report key metrics to government, regulators, and ratepayers. Benefits are widely understood, and solutions, of course, exist; however, the way ‘digital water’ is being packaged and sold to smaller utilities is, in fact, the barrier to utility modernization. The net result of stalled digitization is increased public health, safety, and environmental risks. WaterClick recognized that the way to accelerate utility modernization is NOT to lecture utilities about the benefits of digitization, rather, offer them a digital solution that meets their unique budget and operational needs. We operate a platform that streamlines the onboarding of digital tools, offers pre-configured integrations, and delivers a cloud-based dashboard and support desk, all via a subscription model. At the core of this ‘Platform as a Service’ (PaaS) business model is WaterClick’s proprietary ‘Click-in’ integration, which allows smaller utility operators to benefit from recent innovations in sensing, analytics, and decision support software that the larger utilities are already using; however, with WaterClick operators can simply add/remove features that meet their needs and budget. And for technology companies with innovative ‘digital water’ solutions, WaterClick is now an effective path to customer. WaterClick: Utility Digitization Simplified
Waterly
Seed Round in 2020
Waterly is a developer of digital solutions for utilities focused on improving water management. Its primary offerings include Waterly Core and Waterly Assets. Waterly Core is a data management application designed to replace traditional methods like clipboards for daily operations and streamline the generation of monthly reports. It features out-of-range notifications and data trending to help utilities reduce violations. Meanwhile, Waterly Assets serves as an asset management tool that centralizes information previously scattered across binders and notes into a single dashboard, enhancing staff efficiency and minimizing the risk of emergency equipment failures. Together, these applications facilitate knowledge retention and accelerate training for new employees, ultimately contributing to more effective water system management and reduced operational waste.
SimpleLab
Seed Round in 2020
SimpleLab, Inc. operates as a digital marketplace that connects clients with accredited laboratories for water quality testing through its Tap Score kits. The company offers an innovative platform where laboratories can effectively configure and sell their analytical services. Consumers and businesses can purchase testing kits and analyze the results alongside public environmental data. By integrating labs, test samples, and collectors within a single platform, SimpleLab enhances the management of vital environmental data throughout the testing process. The company's products include both home water quality testing kits and smart water tests that provide personalized health analysis and treatment recommendations, empowering users to ensure safe and clean drinking water.
Flume
Pre Seed Round in 2020
Flume, Inc. specializes in developing a monitoring device that attaches to existing water meters, enabling real-time transmission of water usage data to users' devices. Founded in 2015 and based in San Luis Obispo, California, the company aims to reduce water waste and enhance home protection by providing homeowners and communities with actionable insights about their water consumption. Users can set up notifications for usage, receive alerts for leaks, and access both historical and current data, including a detailed breakdown of water usage by appliances. Through its innovative technology, Flume empowers users to make informed decisions regarding their water usage.
PowerTech Water
Pre Seed Round in 2019
PowerTech Water, Inc. is a company that develops and markets innovative water treatment solutions, focusing on chemical-free technologies. Founded in 2014 and headquartered in Lexington, Kentucky, the company specializes in its flagship product, CapCo, an electrochemical filter designed to effectively remove various metals from water. PowerTech Water serves a diverse range of industries, including batteries, microelectronics, electroplating, automotive, metal finishing, mining, food and beverage, and oil and gas. The CapCo filter targets contaminants such as lead, copper, manganese, iron, silver, gold, mercury, zinc, nickel, and aluminum, aiming to provide efficient and sustainable solutions for wastewater management.
AQUAOSO
Pre Seed Round in 2019
AQUAOSO is a climate fintech SaaS company that specializes in climate risk analytics and water risk assessment. It offers a comprehensive platform that measures water scarcity through advanced technology and machine learning. This platform provides financial institutions with tools for stress testing, portfolio reporting, and enhanced loan decision-making. Additionally, AQUAOSO serves the agriculture sector by delivering an accessible water score, allowing farmers and water managers to conduct robust risk analyses. This enables them to identify, understand, monitor, and mitigate water-related challenges effectively.
Conservation Labs
Seed Round in 2019
Conservation Labs is an Amazon Alexa Fund portfolio company. We founded Conservation Labs to help you save money and better manage our natural resources. This is our big challenge: there are over 3 trillion gallons of unwanted water use each year in the U.S. alone, costing us $70 billion. With water, a little knowledge goes a long way. H2know helps you save money and improve our water use.
Aqua Membranes
Pre Seed Round in 2019
Aqua Membranes LLC specializes in the manufacture of reverse osmosis (RO) membrane filtration systems for both commercial and household applications. Founded in 2011 and headquartered in Albuquerque, New Mexico, the company employs innovative three-dimensional Printed Spacer Technology to enhance the performance of its spiral wound membrane elements. This technology replaces traditional feed spacer mesh with directly printed spacers, leading to reduced fouling and lower energy consumption. Aqua Membranes' products cater to various sectors, including home RO systems, seawater desalination, food processing, and industrial applications, thereby contributing to more efficient water treatment solutions and a sustainable water future.
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