Starting point

Our new reality:  Efforts to stop/slow carbon will necessarily continue; however, we need to adapt to a climate reality that very few of us want to recognize. Call it gloomy, call it defeatist, we just call it a pragmatic approach to helping farmers, families, companies, and cities survive the next couple decades.    

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Water-Risk:  Fire, heat, and wind are clearly climate-change-induced risks; however  we need to start making investments in technology innovations that help industry & society adapt to water-risks in our new climate reality, spanning: too much water, too little water, and compromised water. The challenges are water, but this is not the water industry (ie: drinking water utilities) 

 

Democratization:  Today, unfortunately, only large companies, governments, and the wealthy are able buy ‘climate risk’ data and tools, or hire consultants to help them navigate their climate-change-induced water risks.  Mazarine is a pioneer in the 'quickbooksization' of software and hardware solutions that enable everyone the ability to deal with whatever water-related risk they face.  

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Investment Thesis

Invest in early-stage companies with innovations that democratize climate adaptation by enabling more people to take an active role in adapting/adjusting to water risks in our new climate reality.  

 

Fund III portfolio companies have innovations that lower the barriers for everyone, big and small, individuals, businesses, and governments alike, to access the data and tools they need to minimize the impact of our changing water reality.

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Strategy

With our background as venture investors in 'water-tech', Mazarine leverages our experience and network to understand the trends, build a funnel of investment opportunities, and steer each portfolio company to exit.

 

Mazarine coined the term and built a taxonomy around Climate Adaptation Tech, or “C.A.T.”, which refers to technology innovations that enable industry and society to manage climate-change-induced risks.  

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Dealflow*

Early-stage companies with offerings that help customers of all sizes and geographies manage risks associated with the myriad of climate-change-induced water risks. The deals fall into one of three verticals:

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• Observe: Technologies that allow us to SEE, measure, and monitor how the physical world is changing;

• Analyze: Technologies that help us UNDERSTAND and interpret trends and risks in the physical world; 

• Address: Technologies that DO SOMETHING to affect change on the physical world to minimize water quality or quantity risks.

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* Many of the companies Fund III invests in might label themselves as ag-tech, water-tech, fin-tech, or prop-tech. From Mazarine's perspective, they are also in ClimateTech, just not on the decarb side.     

A movement 

Mazarine is part of a movement that includes academia, the public sector, non-profits, businesses, and investors who recognize that while decarb/netzero efforts will necessarily continue, industry and society also need to invest in innovations to help us adjust-to, deal-with, and adapt to our new climate reality.   

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How we measure impact

Each company is evaluated with two scores: 1) ESG Score, which rates portfolio companies on how their innovation supports their customers’ climate adaptation efforts, which span E, S, and G, and 2) 'Democratization Score' which evaluates companies on ease-of-use, cost, and ability to meet the need of customers in less developed countries. 

 

Investment 

Fund III cuts checks between US$500k and $5M, and will participate in follow-on rounds as appropriate.

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Why Mazarine

Mazarine is not only a leader in the movement to invest in the adaptation 'side' of ClimateTech, but we are also spearheading investment into the democratization of climate-risk data, and ensuring everyone has access to innovations that help them see, understand, and do something about climate-change-induced water quality and quantity risks.