About Mara Renewables
Mara Renewables is a company based in Dartmouth (Canada) founded in 2012. It operates as a Direct-to-Consumer (D2C). Mara Renewables has raised $48.6 million across 2 funding rounds from investors including Export Development Canada, InvestEco and BDC. Mara Renewables offers products and services including DHA-Rich Omega-3 Oils and Animal Nutrition Solutions.
- Headquarter Dartmouth, Canada
- SectorsChemicals & Materials
- Website maracorp.ca
- Social LinkedIn Facebook
- Legal Name Mara Renewables Corporation
- Total Equity Funding$48.6M (USD)
in 2 rounds
- Latest Funding Round$9.1M (USD), Series C
Jul 2025
- InvestorsExport Development Canada
& 5 more
Products & Services of Mara Renewables
Mara Renewables offers a comprehensive portfolio of products and services, including DHA-Rich Omega-3 Oils and Animal Nutrition Solutions.
Fish-free Omega-3 oils are produced for nutritional health.
Omega-3 solutions are provided for animal nutrition needs.
Funding Insights of Mara Renewables
Mara Renewables has successfully raised a total of $48.6M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $9.1 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $48.6M
- Total Rounds 2
- Last Round Series C — $9.1M
- First Round $39.5M
(May 2022)
- Investors Count 6
All 2 funding rounds of Mara Renewables with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2025 | $9.1M | Series C | – | – | |
| May 2022 | $39.5M | Series C | – | InvestEco |
6 investors in total: 6 institutional.
Investors in Mara Renewables
Mara Renewables has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Export Development Canada, InvestEco and BDC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in North American tech companies. | – | investeco.com | Toronto, Canada | |
Growth capital is provided to climate innovation companies. | – | mkbandco.com | Montreal, Canada | |
Multi-stage investment firm focused on venture and growth-stage businesses across food and agriculture, oceans, and energy | – | s2ginvestments.com | Chicago, United States | |
- | – | bdc.ca/en/bdc-capital/growth-transition-capital | - | |
SME loans are provided to support business exports. | 1944 | edc.ca | Ottawa, Canada | |
Thai Union Ingredients is focused on producing nutritional marine ingredients. | – | thaiunioningredients.com | Bangkok, Thailand |
Investor details for Mara Renewables
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Mara Renewables
17 people are tracked at Mara Renewables (6 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Arturo Ania | CEO | Leadership |
Marianne Stanford | Chief Scientific Officer | Leadership |
Harry Boot | CEO & BOD Member | Leadership |
Ted Grant | Vice President Of Business Development | Leadership |
Mark Scaife | Managing Director & Chief Operations Officer | Leadership |
Christie Frayne | Director Of Finance | Leadership |
Denise Muise | Research Scientist | Team |
Tanya MacGillivray | Senior Scientist | Team |
Tina Wang | Senior Research Development Scientist | Team |
Brett Sonnichsen | Finance Manager | Team |
Jeremy Benjamin | Research Scientist | Team |
Anna Kuznetsova | Fermentation Scientist | Team |
Dorothy Dennis | Lead Scientist, Biomass Processing | Team |
Kaitlyn Tanner | Scientist III | Team |
Michael Milway | Lead Scientist | Team |
Sam Dodge | Scientist II | Team |
Matt MacNeil | Downstream Processing Scientist | Team |
Complete people profiles for Mara Renewables
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Mara Renewables
3 dated milestones of Mara Renewables across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Mara Renewables is founded.
- Funding First funding round of $39.5M.
- Funding Latest funding round, Series C, of $9.1M.
Web traffic of Mara Renewables
The website of Mara Renewables (maracorp.ca) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 41.8% vs previous month
Similar companies to Mara Renewables
10 companies that operate in the same segment as Mara Renewables (Chemical Preservatives & Ingredients), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Special chemicals for industrial applications are developed by Celanese. | 1918 | Irving, Texas, United States | – | USD 9.54 B | 12,160 | |
Flavor and fragrance ingredients are supplied to firms and retailers. | 1895 | Vernier, Geneve, Switzerland | – | USD 9.42 B | 16,940 | |
Manufacturer of aroma and fragrance chemicals | 1992 | Mumbai, Maharashtra, India | USD 18.56 M | USD 272.53 M | 1,150 | |
IFF is recognized as a global leader in flavors, fragrances, and biosciences. | 1889 | New York, New York, United States | – | USD 10.89 B | 22,400 | |
Manufacturer of aroma chemicals and esters | 1988 | Mumbai, Maharashtra, India | USD 12.3 M | USD 225.95 M | 488 | |
Pine chemicals, synthetic resins, and camphor products are manufactured. | 1996 | Mumbai, Maharashtra, India | – | USD 64.8 M | 349 | |
Keva is recognized as a leading fragrance and flavor manufacturer. | 1922 | Mumbai, Maharashtra, India | USD 44 M | USD 252.17 M | 635 | |
Innovative solutions in nutrition, health, and beauty are provided by dsm-firmenich. | 1869 | Kaiseraugst, Aargau, Switzerland | – | USD 10.61 B | 28,210 | |
Diversified chemical preservatives are manufactured for industrial applications. | 1989 | Ahmedabad, Gujarat, India | – | USD 210.29 M | 4,360 | |
White oils are manufactured for pharmaceuticals, healthcare, and insulation uses. | 1992 | Mumbai, Maharashtra, India | – | USD 452.02 M | 361 |
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Frequently Asked Questions about Mara Renewables
Mara Renewables was founded in 2012 and raised its 1st funding round 10 years after it was founded.
Mara Renewables is headquartered in Dartmouth, Canada. It is registered at Dartmouth, Nova Scotia, Canada.
Arturo Ania is the current CEO of Mara Renewables.
Mara Renewables is a funded company, having raised a total of $48.6M across 2 funding rounds to date. The company's 1st funding round was a Series C of $39.5M, raised on May 2022.
Mara Renewables is engaged in developing sustainable algae-based biotechnology. The company specializes in producing fish-free Omega-3 oils rich in DHA, sourced from marine microalgae found off the shores of Atlantic Canada. Solutions are offered for human nutrition, including childrens formulas and nutritional supplements, as well as for animal nutrition and food applications. Research and development efforts are directed toward creating a cleaner, healthier future through innovative ingredient solutions.
Mara Renewables offers DHA-Rich Omega-3 Oils and Animal Nutrition Solutions.
Mara Renewables has 6 investors. Key investors include Export Development Canada, InvestEco, BDC, MacKinnon, Bennett & Company, and Thai Union Ingredients.
Mara Renewables operates through Mara Renewables Corporation.