Xylem

“We just had the flood in Texas this last weekend that claimed many lives as a result of unpredicted water flooding, 29 feet and upward in a matter of two hours, which Is just unprecedented.”

“I would say that Xylem CVC is very much on the strategic side of things. What we're looking to do is support all of our P and L's and all of our businesses across the company to grow from a top line perspective by adding new innovations from a technology or a …”

“And one of the things that I actually brought with me from my founder experience is a hundred percent response rate. So even if the answer is a no we respond to everybody.”

“We don't invest in companies that we have not interacted with and that we are not partnering with”

“We have a very highly skilled workforce that is needed to operate water and wastewater treatment plants. That workforce is retiring out and not being replaced sufficiently, and so how do you support that knowledge transfer and the operation of those facilities…”

“We actually run a an invite-only partnerships program on an annual basis. We invite around 50 companies a year to apply. Of those 50, we have maybe 11 to 13 companies that we further evaluate through this pretty intensive due diligence process, and we end up i…”

“One that I'm really excited about that we have a partnership with is called Transcend. They're, An artificial intelligence based platform that designs wastewater treatment plants basically overnight.”

“So we are also a fund of funds. We operate as a limited partner in a number of different venture capital groups that we've invested in to date.”

“And then the other one Is a company called Moliere, which is a nanobubble pretreatment technology. They're the world leader in nanobubble pretreatment, and that enables that enables in your wastewater treatment processes to lower your energy requirements, to l…”

“I would say right now it's probably around 50, 50 in terms of hardware, software.”

“The evaluation process can be around six to nine months.”