🦊/Investors

MaRS

Acceleratoroperating company · company profile

Toronto · Pre-Seed–Late Stage · 1 people tracked

Find your way into MaRS

101 people in our graph share verified history with the MaRS team — schools, employers, funds. One of them is your warm intro.

Lars Leckieunlockedknows Jason MacFarlane · together at Queen's University (overlapped)
×6knows the team · via Queen's University
×5knows the team · via Chrysler
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Investment thesis

MaRS operates as Canada's innovation ecosystem hub, connecting founders with vetted investors, customers, partners and advisors to commercialize science and technology. It supports hundreds of companies at every stage of growth across life sciences and health, cleantech (spanning food, energy, transportation, construction and manufacturing), and emerging technologies such as AI, quantum, robotics and advanced manufacturing. MaRS provides flexible office, lab and event spaces at its MaRS Centre and Waterfront hubs, delivers tailored programming and expert guidance from seasoned advisors, and works with investors, philanthropists, corporates and governments to strengthen Canada's innovation economy and industrial base.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
HQ
Toronto, ON, CA
Leads rounds
Follows
Instruments
Equity · Grants
Founded
2001
Portfolio companies
15
IPOs
1

Team · 1 people

from the firm's website

What they invest in

from 14 of 15 portfolio companies

AI & Machine Learning ×6SaaS ×5Advanced Manufacturing ×3Digital Health ×3Cleantech ×2Climate Tech ×2Cloud Computing ×2Deep Tech ×2

HQs:Canada×8Switzerland×1Spain×1

Portfolio companies · 15 tracked

alumni founders can tell you what the program is really like
Electrovayaelectrovaya.comin𝕏NASDAQ: ELVA

Electrovaya develops advanced battery technologies including lithium-ion and solid-state solutions designed for industrial and demanding applications.

Advanced ManufacturingCleantechEnergyHardwareNew MaterialsMississauga, CA

Dr. Sankar Das Gupta(Executive Officer, Director)Richard P. Halka(Executive Officer)Rajshekar Das Gupta(Executive Officer)Raj S. DasGuptain

BoardDr. Bejoy Das Gupta(Director)Dr. Carolyn Hansson(Director)

Co-investorsGovernment of Canada

47 percentglobalnews.cain𝕏

Global News is a Canadian news organization owned by Corus Entertainment that delivers breaking news, weather, and analysis across 21 local newsrooms and national coverage through digital channels including web, mobile, email, and social media.

Media & Entertainment

Basetwobasetwo.aiin𝕏

Basetwo provides AI solutions that optimize manufacturing operations for Fortune 500 companies in pharmaceuticals, specialty chemicals, and personal care.

Advanced ManufacturingAI & Machine LearningDeep TechSaaSToronto, CA

Tawfeeq Abdul Gaffoor(Founder)in

Co-investorsGlasswing VenturesGlobal BrainGraphite VenturesArgon VenturesAtlantic Vantage Point

Carbon Cure Technologiescarboncure.comin𝕏

CarbonCure develops technologies that inject captured CO₂ into fresh concrete during mixing, where it mineralizes and permanently embeds in the material while reducing the amount of cement needed.

CleantechClimate TechNew MaterialsHalifax

Robert Niven(Executive Officer, Director)in

Co-investorsBreakthrough Energy VenturesCarbonForesightPangaea Ventures Us Inc.

Conelabsconelabs.aiin

Cone Labs develops AI-powered software for structural engineers to perform building condition assessments, converting field inspection data into high-resolution 3D models and semantic analysis of building conditions.

AI & Machine LearningCloud ComputingConstruction TechEnterprise SoftwareRoboticsEtobicoke, CA

Ahmed M.(Founder)in

Co-investorsGurtin VenturesScale Shift VenturesTechstarsWaterloo Accelerator Centre

Fluid AI Websitefluidai.mdin𝕏

Fluid AI builds surgical recovery monitoring technology, including the Origin sensor that attaches to surgical drains to continuously monitor fluid biochemistry and the Stream Care system that combines electronic health record data with sensor data to predict postoperative complications after gastrointestinal surgery.

AI & Machine LearningDigital HealthMedical Devices

Youssef Helwa(Founder)in

Co-investorsWaterloo Accelerator Centre

Mosellemoselle.ioin𝕏

Moselle provides demand planning and inventory management software for direct-to-consumer and consumer brands.

AI & Machine LearningDirect to ConsumerRetail TechSaaSToronto, CA

Lakhveer Singh Jajj(Founder)in

Co-investorsRebellion VenturesTrue.AQC CapitalHighline BetaMaRS Investment Accelerator Fund

Multiverse Computingmultiversecomputing.comin𝕏

Multiverse Computing provides AI model compression and optimization technology that reduces compute costs and infrastructure requirements for digital-native companies deploying AI applications.

AI & Machine LearningCloud ComputingDeep TechEnterprise SoftwareQuantum ComputingSaaSBarcelona, ES

Enrique Lizaso(Founder and CEO)Román Orús(Founder)Samuel Mugel(Founder)Alfonso Rubio(Co-Founder and CMO)

Co-investorsCDP Venture CapitalQAI VenturesQuantonation

New School Foodsnewschoolfoods.coin

New School Foods makes plant-based salmon designed to match the appearance, cooking behavior, flavor, and flaky texture of real fish.

ConsumerFoodTech

Co-investorsAlwyn CapitalBlue Horizon CorporationBlue Revolution Investments G.P.Clear Current CapitalClimate CapitalGood Startup+3 more

Opaliafoodsopaliafoods.comin𝕏

Opalia produces cell-based milk made from cow mammary cells cultivated in bioreactors, using a proprietary continuous lactation process to create dairy products without cows.

BiotechClimate TechFoodTech

Co-investorsSustainable Food VenturesUCeed FundsBig Idea VenturesBoxOne Ventures

SPROUT FAMILYsproutfamily.cain

Sprout is Canada's end-to-end family-building platform that connects users with fertility clinics, expert care, and support resources for fertility treatments, surrogacy, and adoption.

Digital HealthFemTechHealthtechCanada, CA

Not explicitly named on page(Co Founder & COO)

Co-investorsBlue CollectiveStand Up VenturesThe 51 Ventures

Ventionvention.ioin

Vention provides modular, plug-and-play end-of-line packaging automation for manufacturers, covering case packing, case erecting, palletizing, and conveyors delivered as a single-vendor ecosystem.

Advanced ManufacturingAI & Machine LearningHardwareRoboticsSaaSMontreal, CA

Etienne Lacroix(Founder & CEO)inMax Windisch(Co-founder & CSO)inFrançois Giguère(Chief Technology Officer)inKreya Owens(Chief Marketing Officer)inBrendan Sterne(Chief Product Officer)inRob Lorbetskie(Chief Finance Officer)in

Co-investorsBaukunstNVenturesWhite Star CapitalDesjardins CapitalFidelity InvestmentsFounderFuel

Willful Legal Techwillful.coin𝕏

Willful operates an online estate planning platform that guides individuals through creating legally valid wills and power of attorney documents.

FintechLegalTechSaaS

Erin Bury(Co-founder & CEO)inKevin Oulds(Co-founder & Head of Research and Innovation)inJulia Wilkie(Head of Customer Experience and Operations)inChris Long(Head of Product)in

Co-investorsBackbone AngelsFounderFuelMaRS Investment Accelerator Fund (IAF)Tactico

World Health Organization, 2025who.intin

The World Health Organization is a United Nations agency founded in 1948 that leads global health initiatives and emergency response across 194 member states.

Digital HealthGovTechHealthtech

Co-investorsatai Life SciencesAtaiBeckleyEQT Life SciencesICONIQ

Exits · 1

1 IPOs

ElectrovayaNASDAQ: ELVA

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has MaRS made?
MaRS has 15 tracked investments, 1 of which have exited.
What stage does MaRS invest at?
MaRS invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does MaRS focus on?
MaRS focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Construction Tech, Deep Tech, Digital Health, Energy, FoodTech, Healthtech, Impact & Social Good, Medical Devices, Mobility & Transportation, Quantum Computing, Robotics, Sector Agnostic.
Where is MaRS located?
MaRS is headquartered in Toronto, CA.
Does MaRS lead rounds?
MaRS typically participates in rounds rather than leading them.
Who does MaRS co-invest with?
MaRS most often shares deals with atai Life Sciences, Blue Collective, ICONIQ, among 7 tracked co-investors.

Media · Podcasts & interviews

from their channel

The coming storm: How AI can help us forecast and harness the weather

MaRS Discovery District

This uncanny moment: AI has us all lurching between hype and hysteria, but what are the real risk...

MaRS Discovery District

Mind over matter

MaRS Discovery District

Transforming traditional prosthetics

MaRS Discovery District

Degrees of freedom: Why human dexterity is the holy grail of robotics

MaRS Discovery District

How Mobility Unlimited Hub is making strides

MaRS Discovery District

Images

MaRS photoMaRS photo

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