About MaRS Discovery District
MaRS Discovery District is an urban innovation hub that focuses on supporting startups in the health, cleantech, fintech, and enterprise sectors. The company provides services to help startups grow, create jobs, and solve societal challenges, primarily in the areas of healthcare, climate change, financial transactions, and business optimization. The primary sectors that MaRS sells to include the healthcare industry, cleantech industry, fintech industry, and enterprise industry. It was founded in 2014 and is based in Toronto, Ontario.
Latest MaRS Discovery District News
Oct 12, 2023
Life Sciences British Columbia Home » All News » adMare BioInnovations and MaRS Discovery District Welcome Inaugural Ontario Start-Ups to Therapeutics Accelerator Program All News October 11, 2023 adMare BioInnovations TORONTO, ON — adMare BioInnovations (adMare) and MaRS Discovery District (MaRS) are pleased to welcome Quthero Canada and NorthMiRs as the first Ontario-based ventures in the MaRS-adMare Therapeutics (Tx) Accelerator. “adMare is pleased to collaborate with MaRS Discovery District to support two promising early-stage therapeutic ventures in the Tx Accelerator,” said Dr. Mounia Azzi, Vice-president of Corporate Development at adMare BioInnovations. “We are excited to join forces with MaRS to create a distinctive ecosystem for the development of novel therapeutics in Ontario and Canada. Building successful therapeutics companies requires access to expertise, facilities, and funding. We purposefully designed this accelerator to address the specific needs of early-stage Canadian ventures.” NorthMiRS and Quthero are two ventures developing innovative technologies derived from academic research originating from the University of Toronto and associated hospitals. NorthMiRs is an early-stage biotech venture started from a discovery made in the labs of Professors G. Walker and C. dos Santos. This preclinical stage venture, led by CEO Samantha McWhirter, is focusing on the development of novel therapeutics to treat sepsis and associated conditions. Quthero Canada, an early-stage life science venture led by Professor M. Radisic, is based on a technology developed at the University of Toronto and University Health Network. Quthero has a patented Q-peptide derived from Angiopoietin-1 that can help restore the balance to orchestrate aging, healing, and regeneration of heart tissue. The ventures will receive direct support, including — scientific, IP, regulatory, and business development guidance, as well as access to capital and fundraising. They will be mentored by experts within the drug development landscape to meet key goals and increase their valuations. “MaRS is pleased to provide shared, multi-tenant wet laboratory facilities and office space, as well as expertise to help very early-stage, preclinical therapeutic ventures have a meaningful impact,” added Dr. Amol Deshpande, Senior Director of Health Sciences at MaRS Discovery District. “MaRS, in partnership with adMare BioInnovations, offers a full suite of tools, resources, and partners needed to accelerate venture growth.” Quthero and NorthMiRS are the first companies entering the MaRS-adMare Tx Accelerator. New ventures will now be admitted on a rolling basis as their applications are received and reviewed. Ventures interested in accessing the services are invited to apply to join the MaRS-adMare Tx Accelerator. Learn more here . Media Contacts About adMare BioInnovations With a strong track record of globally-competitive scientific discovery, Canadian life sciences are primed to lead the world. To make this a reality, adMare BioInnovations uses its scientific and commercial expertise, specialized R&D infrastructure, and seed capital to build strong life sciences companies, develop robust ecosystems, and foster industry-ready talent. It re-invests its returns into the Canadian industry to ensure its long-term sustainability. adMare currently has 29 portfolio companies that have attracted $2.3 billion of risk capital, have a combined value of $4 billion, and have created over 1,000 jobs in Canada. For more information, please go to www.admarebio.com . About MaRS MaRS is North America’s largest urban innovation hub. A registered non-profit, MaRS supports high-growth startups and scale-ups tackling key issues in health, cleantech, fintech and other sectors. In addition, MaRS convenes all members of the tech ecosystem to drive breakthrough discoveries, grow the economy and make an impact by solving real problems for real people—in Canada and around the world.
MaRS Discovery District Frequently Asked Questions (FAQ)
When was MaRS Discovery District founded?
MaRS Discovery District was founded in 2014.
Where is MaRS Discovery District's headquarters?
MaRS Discovery District's headquarters is located at MaRS Centre, South Tower, Toronto.
What is MaRS Discovery District's latest funding round?
MaRS Discovery District's latest funding round is Grant.
Who are the investors of MaRS Discovery District?
Investors of MaRS Discovery District include Wells Fargo Innovation Incubator.
Who are MaRS Discovery District's competitors?
Competitors of MaRS Discovery District include Rockstart and 3 more.
Compare MaRS Discovery District to Competitors
Bioenterprise Canada is an agri-tech accelerator that consists of a community of entrepreneurs, researchers, accelerators, and partners. It offers to fund mentorship and partnerships with companies. The company was founded in 2006 and is based in Guelph, Canada.
NEXT Canada is a non-profit organization focused on fostering entrepreneurship and technology adoption. The company offers programs designed to develop exceptional talent and create world-class ventures, primarily in the technology sector. These programs provide access to education, mentorship, and funding to aspiring and scaling entrepreneurs. NEXT Canada was formerly known as The Next 36. It was founded in 2010 and is based in Toronto, Ontario.
Rockstart operates as an early-stage investor company. It supports and empowers purpose-driven founders in agri-food, energy, and emerging technologies. The company provides startups with access to capital, market, community, and expertise by connecting them to partners, investors, mentors, and more. It was founded in 2011 and is based in Amsterdam, Netherlands.
Entrepreneur First (EF) operates as a company-building platform. It invests in technical entrepreneurs and helps them build deep technology startups from the beginning. It was founded in 2011 and is based in London, United Kingdom.
Capital Innovators provides tech startups with the funding, resources, and connections needed to reach the next level. The Capital Innovators 12-week Accelerator Program provides $50,000 in seed funding, project-based mentorship from a seasoned pool of knowledgeable entrepreneurs, stellar perks, educational and social events, and the opportunity to pitch to angel investors and venture capital firms.
Oost NL operates as a venture capital firm that provides capital to support starting and growth-phase SMEs. The company invests in the food, life science, health, technology, cleantech, and energy sectors. It was founded in 2003 and is based in Apeldoorn, Netherlands.