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Mara Renewables has raised $12.5 million from S2G Investments to bring its fish-free omega-3 oil to global markets.

Jul 29, 202526 days ago

Amount Raised

$12.5 Million

DartmouthBiotechnology

Investors

Clear Creek InvestmentsS2 G Investments

Description

Dartmouth-based biotech company Mara Renewables has raised $9.1 million USD ($12.5 million CAD) from S2G Investments. The funding will help commercialize its algae-based omega-3 oil globally. CEO Harry Boot confirmed further investments from Clear Creek. Mara targets growth and research efforts following prior capital raises.

Company Information

Company

Mara Renewables

Location

Dartmouth, Nova Scotia, Canada

About

Mara Renewables Corporation (Mara) is the leading Canadian biotechnology company focused on the research, development, and commercialization of sustainable fermentation algal biotechnologies for nutritional and renewable energy industries.

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