The multibillion dollar global robotics market continues to gather pace as the industry begins to witness a shift away from industrial and logistics uses, towards new consumer and office applications. The future of robotics is bright and Mauritius Commercial Bank (MCB) Group will leverage on this as it expands and eyes investment in businesses with high growth potential.
The lender which was recently awarded the 2015 Bank of the Year accolade for Mauritius by The Banker magazine (part of the Financial Times Group), has, therefore, invested in Partnering Technologies, a French high-tech printing and robotics business, via MCB Equity Fund launched in 2005 with a $100m capital.
The robotics company is 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 and already has a premium customer — the French ministry of ecology, sustainable development and energy.
Diya One is the first interactive robotic solution that purifies indoor air that is very often degraded by microbial or microbiological pollutants. 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.
“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,” says Pierre Guy Noël, Chief Executive, MCB Group. “It’s also an exciting opportunity for us to support a local talent who is showcasing the Mauritian knowhow on a global stage.”