{"id":59425,"date":"2015-12-10T12:10:28","date_gmt":"2015-12-10T10:10:28","guid":{"rendered":"http:\/\/www.myza.co.za\/mcb-equity-fund-invests-in-partnering-technologies\/"},"modified":"2015-12-10T12:10:28","modified_gmt":"2015-12-10T10:10:28","slug":"mcb-equity-fund-invests-in-partnering-technologies","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/mcb-equity-fund-invests-in-partnering-technologies\/","title":{"rendered":"MCB Equity Fund invests in Partnering Technologies"},"content":{"rendered":"<p><span dir=\"ltr\"> PORT LOUIS, Mauritius, December 10, 2015\/APO (African Press Organization)\/ &#8212; <\/span><\/p>\n<p>MCB Group (<a href=\"http:\/\/www.mcb.mu\/\">http:\/\/www.MCB.mu<\/a>) has invested, via MCB Equity Fund, in Partnering Technologies, a French high-tech printing and robotics business run by Ramesh Caussy, the Mauritian inventor of Diya One, the air purifying robot that has made a real impression at the COP 21 in Paris. Sales of Diya One are scheduled for the first quarter of 2016 and the French ministry of ecology, sustainable development and energy has already placed an order.<\/p>\n<p \/>\n<p \/>\n<p><strong>Diya One makes an impression<\/strong><\/p>\n<p>Diya One is the first neuro-inspired robot that can analyze and purify indoor air. It was a major attraction at the \u201cSolutions COP 21\u201d exhibition. Diya One was showcased at the booths of the Institut National de la Protection Industrielle and that of French multinational ENGIE. Ramesh Caussy also presented his project during the \u201cBreakthrough Night\u201d dedicated to innovation.<\/p>\n<p \/>\n<p><strong>The \u00ab\u00a0R2-D2 of climate change\u00a0\u00bb<\/strong><\/p>\n<p>Dubbed \u201cthe R2-D2 of climate change\u201d by the international media due to its resemblance to the mythical Star Wars robot, Diya One equipped with artificial intelligence. It moves around silently on its own, eliminating particulate and chemical pollution. After analysing the composition of indoor air using integrated sensors, Diya One robot then purifies it with extreme precision. The robot also delivers other functions, such as reducing energy consumption and managing maintenance requests from occupants.<\/p>\n<p \/>\n<p>Diya One can work in museums, public buildings, schools and offices. Its abilities have been officially validated by the Centre Scientifique et Technique du B\u00e2timent in France and it is currently being supported by the European Union\u2019s SPARC programme dedicated to research and innovation and whose aim is to make Europe the global leader in robotics by 2020.<\/p>\n<p \/>\n<p><strong>A bright future<\/strong><\/p>\n<p>MCB Equity Fund was launched in 2005 with a committed capital of US $100 million. Managed by MCB Capital Partners, a subsidiary of MCB Capital Markets, the fund provides expansion and buy-out capital to businesses with high growth potential. Its involvement in Partnering Technologies is sensible as the future of robotics is bright.\u00a0 The multibillion-dollar global market for robotics, long dominated by industrial and logistics uses, has begun to see a shift towards new consumer and office applications. According to a Business Insider Report published in May 2015, there will be a US $1.5 billion market for consumer and business robots by 2019.<\/p>\n<p \/>\n<p><strong>Improving the environment<\/strong><\/p>\n<p>Diya One is the first interactive robotic solution that purifies indoor air that is very often degraded by microbial or microbiological pollutants.\u00a0 According to the World Health Organisation, bad air quality is one of the main sources of respiratory diseases that can cause death. In Europe and the United States, norms are being introduced to ensure clean air is being breathed in public places, including schools and offices. As a pioneer of autonomous air purification, Diya One should be a success.\u00a0\u00a0<\/p>\n<p \/>\n<p><strong>Mutual benefits<\/strong><\/p>\n<p><em>Pierre Guy No\u00ebl, Chief Executive, MCB Group<\/em>: \u201cWe have taken the opportunity to invest in a young and innovative business working in a promising market and that has shown, through Diya One, its ability to improve our lives. It\u2019s also an exciting opportunity for us to support a local talent who is showcasing the Mauritian knowhow on a global stage\u201d.<\/p>\n<p \/>\n<p><em>Ramesh Caussy, Chief Executive, Partnering Technologies<\/em>: \u201cI couldn\u2019t imagine international development without involving Mauritius, and ensure it benefits from my humble contribution. We have now made the first step with the entry of the MCB Group, a key player in Mauritius, in the capital of Partnering Technologies.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PORT LOUIS, Mauritius, December 10, 2015\/APO (African Press Organization)\/ &#8212; MCB Group (http:\/\/www.MCB.mu) has invested, via MCB Equity Fund, in Partnering Technologies, a French high-tech printing and robotics business run by Ramesh Caussy, the Mauritian inventor of Diya One, the air purifying robot that has made a real impression at the COP 21 in Paris. 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