MCB Equity Fund invests in Partnering Technologies

The Mauritius Commercial Bank (MCB ) Group 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 first neuro-inspired robot that can analyze and purify indoor air.

Ramesh Caussy, Chief Executive, Partnering Technologies: “I couldn’t 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.”

Dubbed “the R2-D2 of climate change” 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.

Diya One can work in museums, public buildings, schools and offices. Its abilities have been officially validated by the Centre Scientifique et Technique du Bâtiment in France and it is currently being supported by the European Union’s SPARC programme dedicated to research and innovation and whose aim is to make Europe the global leader in robotics by 2020.

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.

Pierre Guy Noël, Chief Executive, MCB Group: “We 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’s also an exciting opportunity for us to support a local talent who is showcasing the Mauritian knowhow on a global stage”.

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.