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Author: MaRS News Desk

MaRS Catalyst Fund invests in InVivo AI to improve the efficacy of drugs coming to market using machine learning

InVivo AI, a Montreal-based startup using machine learning to improve the generation, screening, and optimization of new medications, has announced a pre-seed financing with MaRS Catalyst Fund, Real Ventures, Panache Ventures, and Brightspark Ventures, among others. Founded in 2018 by Daniel Cohen, Therence Bois, Prudencio Tossou, and Sebastien Giguere, InVivo is developing novel algorithms to […]

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MaRS Catalyst Fund invests in Inkblot to make mental health services more affordable, accessible and effective

Inkblot Therapy, a Toronto-based startup that makes mental health services affordable, accessible and more effective, announced a seed-stage financing round with MaRS Catalyst Fund and Active Impact Fund. Founded in 2016 by Dr. Arash Zohoor and Luke Vigeant, Inkblot provides quality mental health services over a secure online platform while measuring improvement and treatment outcomes. […]

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MaRS Catalyst Fund’s ChallengeU investment helping high school dropouts complete K-12 diploma in North America

ChallengeU, a Montreal-based online education platform that makes it easier for students to obtain their high school diploma without having to return to brick and mortar schools, announced a financing round of $2M with Real Ventures, MaRS Catalyst Fund and LaSalle International Inc. Founded in 2013, ChallengeU’s online platform provides students with structural or behavior […]

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Flosonics on track for global growth

When MaRS Catalyst Fund considered investing in Flosonics Medical, we immediately saw the potential in its technology. A smart bandage that can non-invasively monitor arterial blood flow in critically ill patients has a large addressable market among emergency facilities and – crucially for us – could save lives and improve health outcomes. One of Canada’s […]

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Richard Branson on Canadian entrepreneurship

Richard Branson was in the limelight at the recent Canada2020 Conference in Ottawa. Once again, the topic of insufficient early stage venture funding was on the table, and discussions took place around how to close this gap. We at the MaRS Catalyst Fund take Branson’s mantra of “using business as a force for good” literally […]

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MaRS Catalyst Fund in the media

ENERGY STORAGE NEWS  |  Hydrostor launches new Terra bulk energy storage system Compressed Air Energy Storage (CAES) company Hydrostor has introduced Hydrostor Terra — a long-duration bulk energy storage system that is expected to compete with new natural gas plants. By utilizing Terra, utilities and electricity system operators can look at issues such as reserve […]

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MaRS Catalyst Fund joins US$9.5-million investment in CellAegis

MaRS Catalyst Fund is investing in CellAegis, a Canadian medical device company with promising technology to help substantially improve patient recovery from heart disease. CellAegis’ autoRIC® device is a portable and easy-to-administer therapy for reducing damage to tissues following a heart attack or cardiovascular procedures. The autoRIC Device has already been approved for use in […]

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Hydrostor closes B-Series financing with impressive investor group continuing its momentum in the energy storage market

Hydrostor announced today that it has closed a B-Series financing led by energy private equity group Lorem Partners, investment management firm Canoe Financial, MaRS Catalyst Fund, as well as participation by a number of existing investors including ArcTern Ventures. This financing will support sales and marketing of Hydrostor’s energy storage solutions. Hydrostor is a global […]

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MaRS Catalyst Fund leads seed-stage investment in Future Design School

Today Future Design School, which teaches creativity, innovation and design thinking to current and future business leaders, announced it closed a seed-stage financing round with MaRS Catalyst Fund as the lead investor. Founded in 2015 by Canadian entrepreneur Sarah Prevette, Toronto-based Future Design School provides immersive educational programs for students, teachers and business professionals that […]

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