Hydropoint
manufactures and sells intelligent irrigation management systems which leverage
cutting-edge communication technologies to improve the efficiency of irrigation
for residential, commercial, and agricultural uses. Its flagship product,
WeatherTRAK, receives weather forecasts from thousands of satellites and
translates that into an acre-by-acre sprinkler control. This optimizes the
irrigation schemes and adjusts water use dynamically.
Chrysalix
take: Wal Van Lierop
1.
What is the insight that led to Chrysalix investing?
Water
is an increasingly scarce resource that consumes an incredible amount of energy
and cost in pumping treating and purifying for use. The ability to do this much
more intelligently and precisely has huge environmental benefits in energy and
water savings as well as some of the quickest paybacks and highest ROIs to
customers of any green initiative.
2.
What is the company’s biggest strength?
Their
technology works and the economic value proposition is strong. An average
Hydropoint solution saves 60% of commercial water bills with a payback of less
than 18 months (often less tan a year). Their products and services are proven
and have become a leading component of environmental and cost reduction
initiatives across many fortune 500 companies.
3.
What is the implication of this company being successful?
Commercial
properties alone consume millions gallons of water a year, with huge embedded
energy cost of pumping and treating. At an
average water reduction of 60% the environmental benefits of Hydropoint’s
technology in a world with increasing scarcity of clean water are immense.
