Mazarine Ventures

Mazarine Ventures is an investment advisory and fund management firm supporting our Limited Partners via our technology fund, which has a thesis that seeks to capture high-growth investment opportunities relating to water/wastewater. Our vision is straightforward - the broad and diversified global market for innovative hardware and software technologies that address water/wastewater challenges is underserved by venture capital. We have changed that by seeding, launching, and managing a highly-targeted venture fund that is investing in next-gen innovations to solve old problems.

Pete Nassos

Co-Founder and Partner

12 past transactions

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 the onramp for utilities to go digital. Waterly Core is a data management app that replaces the clipboard for daily rounds and automates monthly report generation. With out-of-range notifications and data trending, you can have confidence that you will have fewer violations. Waterly Assets is an asset management app that consolidates all of your binders and Post-It notes into one dashboard Your staff will be more efficient and you will have less emergency equipment failures. Waterly Core and Assets both allow your staff to house their knowledge and train new staff more quickly. Burn the Clipboard!!

SimpleLab

Seed Round in 2020
SimpleLab is a digital marketplace for water quality testing labs that offer detailed environmental data. With SimpleLab, accredited laboratories configure and sell their analytical capabilities more effectively. Businesses purchase testing and analyze their lab data alongside other public data. Consumers get direct access to the full power of laboratory infrastructure. By connecting labs, test samples, and sample collectors on one unified platform, SimpleLab structures vital environmental data at all key points in the chain of custody, enabling rich analytical insights and data offerings.

Flume

Pre Seed Round in 2020
Flume is on a mission is to eliminate water waste and protect homes by empowering homeowners and communities with real-time water usage data. It was founded in 2016 and is headquartered in San Luis Obispo, California.

Keto AI

Pre Seed Round in 2020
Keto AI is a developer of an AI-based skimmer plate intended to provide valuable safety and maintenance insights for swimming pools. The company leverages technology to provide a skimmer plate that performs various functions like tracking water chemistry, monitor water levels, and leak detection insights through a platform, enabling clients to track and monitor swimming pools.

PowerTech Water

Pre Seed Round in 2019
PowerTech Water is a wastewater solution company that offers a chemical-free water treatment platform. The company was founded in 2014 and is headquartered in Lexington, Kentucky, United States.

EQO

Pre Seed Round in 2019
Environmental Quality Operations, EQO, was founded to bring the modern molecular biology laboratory to the field of environmental management. With their first line of services and automated sampling products, EQO aims to detect, monitor, and eradicate invasive species by utilizing over a decade’s experience in bioengineering, diagnostic development, and experimental therapeutic development. Environmental Quality Operations next generation detection services are built to provide targeted, highly sensitive, assays that allow for the earliest possible detection and robust analytics to determine the scope and location of nuisance species. In addition to best in class sensitivity and specificity, through analysis of various biomarkers, EQO services can determine population activity, life cycle, and dynamics. Environmental Quality Operations offers a first of its kind automated sampling platform, which can be installed at critical resources at risk of mussel infestation. Sampling occurs at programmable intervals and are stored in the device. When analysis is desired, simply send the sampling vessels to EQO and get results within days of receipt. In addition to their detection and monitoring services, EQO R&D is actively pursuing targeted biopesticide systems to eradicate invasives while avoiding off-target impacts, saving money on downstream remediation efforts and protecting the native environment.

AQUAOSO

Pre Seed Round in 2019
AQUAOSO, is a climate fintech SaaS company that provides climate risk analytics, stress testing tools, portfolio reporting and advanced loan decisioning tools to financial institutions.

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 develops innovative spiral wound membrane elements that utilize Printed Spacer Technology® to enhance performance. This technology replaces traditional feed spacer mesh by directly printing the spacer onto the membrane, which reduces fouling and energy consumption. The company aims to contribute to a more sustainable water future through its efficient membrane solutions.

EQO

Grant in 2018
Environmental Quality Operations, EQO, was founded to bring the modern molecular biology laboratory to the field of environmental management. With their first line of services and automated sampling products, EQO aims to detect, monitor, and eradicate invasive species by utilizing over a decade’s experience in bioengineering, diagnostic development, and experimental therapeutic development. Environmental Quality Operations next generation detection services are built to provide targeted, highly sensitive, assays that allow for the earliest possible detection and robust analytics to determine the scope and location of nuisance species. In addition to best in class sensitivity and specificity, through analysis of various biomarkers, EQO services can determine population activity, life cycle, and dynamics. Environmental Quality Operations offers a first of its kind automated sampling platform, which can be installed at critical resources at risk of mussel infestation. Sampling occurs at programmable intervals and are stored in the device. When analysis is desired, simply send the sampling vessels to EQO and get results within days of receipt. In addition to their detection and monitoring services, EQO R&D is actively pursuing targeted biopesticide systems to eradicate invasives while avoiding off-target impacts, saving money on downstream remediation efforts and protecting the native environment.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.