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.
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.
Team · 1 people
from the firm's websiteWhat they invest in
from 14 of 15 portfolio companiesAI & 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 likeElectrovaya 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
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
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.
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
Co-investorsBoreal VenturesGood News VenturesBorealis Ventures
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
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 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 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
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 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
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 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
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 IPOsElectrovayaNASDAQ: ELVA
Portfolio news
latest coverage across their companies
Moselle · wdam.com · Aug 29, 2026
Electrovaya · ca.investing.com · Aug 26, 2026
Vention · prnewswire.com · Jan 27, 2026
New School Foods · greenqueen.com.hk · Jun 20, 2025
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 channelThe 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
Similar investors
Khosla Ventures is a venture capital firm founded by Vinod Khosla.
MaRS Discovery District is a Toronto-based innovation hub and accelerator supporting Canadian startups across life sciences, cleantech and emerging technologies, connecting founders with investors, advisors and partners; MaRS IAF is its investment fund.
The Business Development Bank of Canada (BDC) is a bank dedicated to Canadian entrepreneurs, providing financing and advisory services to small and medium-sized businesses across all industries and growth stages.
Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.
DCVC (Data Collective) is a deep tech venture capital firm that backs entrepreneurs using computational approaches to solve large-scale real-world problems across many industries.

























































