By the numbers

$ B+

raised by MaRS-supported ventures between 2010 and 2024
 

%

of all venture capital deployed in Canada goes to MaRS-supported ventures

-30

ventures admitted into the MaRS Capital Program annually

+

investors engaged globally

%

free with no equity taken

+

industry experts supporting MaRS ventures

The program

Companies admitted into the MaRS Capital Program have access to the following resources to maximize their chances of fundraising success:

Raise preparation: Pitch deck support, storytelling advice, fractional CFO services, market research, outreach templates, data room review, pitch coaching and practice pitch sessions.

Outreach: 1:1 investor introductions, access to showcases and Canadian tech conferences, participation in demo days, exposure in MaRS’s investor newsletters and social media.

Closing support: Term sheet review, negotiation support, law firm connections, corporate governance support and public relations services.

Highlighted graduates

FeX Energy logo
FeX Energy
Seed: $4.8 million
September 2025
Planetary logo
Planetary
Series A: $15.8 million
October 2024
Growcer logo
Growcer
Series A: $3 million
May 2024
 logo
NFINITE
Seed: $8.9 million
May 2024
 logo
Myomar Molecular
Pre-seed: $1.1 million
March 2024
 logo
Promise Robotics
Series A: $20.8 million
October 2023
 logo
Litus
Pre-seed: $1.25 million
October 2023
Cognota logo
Cognota
Series A: U.S.$5.5 million
September 2023
Metafold logo
Metafold
Seed: $2.35 million
June 2023
Peak Power logo
Peak Power
Series A: $47 million
May 2023
Willful logo
Willful
Seed: $1.4 million
2023
Vivid Machines logo
Vivid Machines
Seed: $5.8 million
April 2023
Program Team
Liam Gill

Liam Gill

Program lead

Liam Gill

Liam has supported venture deals as a startup lawyer and has experience as both a founder and an angel investor. This background has allowed him to assess the venture capital industry from a range of vantage points and offers a unique understanding of the incentives and dynamics that drive both founders and investors, ensuring that he can help startups navigate the fundraising process with clarity, confidence and a strategic advantage.

Ziyad Rahme

Ziyad Rahme

Advisor

Ziyad Rahme

Scale-up experience:

  • COO and Acting CEO, Sustainable Development Technology Canada (SDTC)
    • Oversaw operations, strategy and ecosystem partnerships for a national $20-million organization funding Canada’s leading cleantech ventures.
    • Led corporate transformation and stakeholder engagement across government and industry to advance sustainable innovation.
  • EVP, Operations and Engineering, Iogen Corporation
    • Led the commercialization and scale-up of cellulosic ethanol technology through a U.S.$105-million industrial facility with Raízen (Brazil).
Noteworthy:
  • Directed $190–200 million annually in cleantech investments, approving more than $800 million into 200+ projects driving environmental and economic impact as VP Investments at SDTC.
  • 25+ years of experience in cleantech innovation, impact investment and technology commercialization.
Ask me about:
  • Scaling cleantech ventures and technology commercialization
  • Impact investment strategy and portfolio management
  • Public-private partnerships and sustainable innovation policy
  • Organizational leadership, governance and stakeholder relations

Shayne Veramally

Shayne Veramally

Advisor

Shayne Veramally

Scale-up experience:

  • Managing Director, Orrick / Director, Perkins Coie LLP
    • Led in-house investment banking platforms, raising more than $300 million for emerging and growth-stage companies.
  • Global Head of Venture Pipeline, DLA Piper LLP
    • Raised more than $100 million and managed a $100-million venture portfolio, achieving 4.4x fund return.
    • Originated and executed venture and private equity transactions across 3D printing, cleantech, fintech and enterprise SaaS sectors.
  • Chief Sustainability Officer, Hycrete Inc.
    • Led product commercialization and capital strategy, launching three advanced materials products and raising a $15-million Series C round.
    • Oversaw sustainability reporting and secured $4 million in non-dilutive funding to accelerate market expansion.
Noteworthy:
  • Founder and managing partner of CAЯBON where he built sustainable development group advancing vertical farming, decentralized energy, and cleantech infrastructure ventures
  • Principal, NJTC Venture Fund where he deployed 60 percent of a $100-million fund with 4.4x return
  • Founder of EDGE, a Black and Brown founder accelerator
Ask me about:
  • Venture capital fundraising and investor syndication
  • Alternative investments, ESG strategy, and capital formation for sustainable industries
  • M&A strategy and impact investment structuring

Harry Gandhi

Harry Gandhi

Harry Gandhi

Capital Experience:

  • Venture Partner at 1517 Fund
  • Venture Partner at Amplify Capital
  • Advisor - Lab2Market Program
Noteworthy:
  • Co-Founder and CEO of Medella Health where he raised funds from 1517 Fund, Jaan Tallinn, GTAN, Garage Capital, BDC Seed Fund, etc.
Ask me about:
  • Pitching for capital
  • Term sheet negotiations
  • Mentorship and community building

Jon Dogterom

Jon Dogterom

Senior Advisor, Cleantech

Jon Dogterom

Jon is an experienced founder, executive, and board member of private and public entities in energy, mobility, and alternative fuels. He was formerly the Senior Vice President of Venture Services at MaRS. Prior to leading the Venture Services Team, he was the Managing Director of the Cleantech Practice. He is also the founder of the MaRS Advanced Energy Centre.

Prior to joining MaRS, he led business development for Hydrogenics Corporation (now Cummins) through the launch of the company’s fuel cell and hydrogen generation divisions. He also co-founded Sustainable Energy Technologies (now Eguana Technologies), a leading Canadian provider of power electronics for the solar power industry. He has also served on the Energy Transformation Network of Ontario, on the Board of Directors of the Ontario Clean Water Agency, and on the investment committee for Arctern Ventures fund 2.

Mike Abramsky

Mike Abramsky

Executive in Residence

Mike Abramsky

Scale-up experience:

  • CEO of Argus Software
    • Scaled to $60 million ARR/$15 million EBIT
    • >80,000 customers in nine countries with 40,000 SMB users
    • Transitioned Company to SaaS Model
  • CEO of GuestLogix
    • Company in turn-around; stabilized and refocused business to supporting 2.4-million daily travellers
    • launched an innovative customer experience
Noteworthy:
  • Ranked Wall Street analyst, managing director RBC Capital Markets. Covered B2B, B2B2C and other tech companies
  • BS/MS Engineering MIT; MBA from Harvard
  • Creative Destruction Lab Mentor
  • President, Rogers New Media
Ask me about:
  • Optimizing your value proposition, demand generation and product value pricing strategies
  • Positioning your company for success in public markets and late-stage financing, including understanding and managing investor and board stakeholder perspectives

Matthew Robertson

Matthew Robertson

Director of Venture Growth

Matthew Robertson

As Director of Venture Growth at MaRS, Matt leads a team delivering programming and advisory services across the MaRS portfolio — supporting ventures from early stage through to those scaling toward $100M in ARR. He brings diverse experience across financial services and technology, having worked as an insurance underwriter, corporate development analyst, investment banker, senior operator at a tech startup, and most recently, head of capital services at Communitech. Matt holds a Bachelor of Mathematics from the University of Waterloo and an MBA from Western University’s Ivey School of Business.

Ready to take your startup to the next level. Apply now to see if you are a fit for the MaRS Capital Program.

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The MaRS Capital Team was our secret sauce to getting the deal done.

Founder and CEO, Nfinite Nanotechnology

MaRS has brought us into an entire ecosystem cheering for our success and giving us direction on how to reach our goals. The Seed Capital program has allowed us to reach new investment milestones that put us well into the path of commercialization.

Founder and CEO, Litus

The team has been fantastic – reaching out to check in, press coverage, research projects. The biggest value prop was being paired with [our Capital Advisor] – we started meeting with her 8-10 months ago and have been meeting almost bi-weekly – she’s seen the evolution with us – helping with our pitch narrative, strategy for outreach, even things like ESOP from the perspective of investors. It was great to have an objective and really interested party.

Founder and CEO, Willful

Frequently asked questions