Investments
53Funds
4Partners & Customers
1About ArcTern Ventures
ArcTern Ventures, formerly MaRS Cleantech Fund, is a privately-backed venture capital fund that provides early-stage capital to companies developing breakthrough ideas in the cleantech sector. The Fund has developed a unique early-stage investment model through its partnership with MaRS, one of the largest innovation centres in world.
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Latest ArcTern Ventures News
Sep 22, 2023
Journal Not a member yet? Free Membership for Qualified Investors and Industry Participants Easily Customize Content to Match Your Investment Preferences Breaking News 24/7/365 Alternative Investment Listings & LeaderBoards Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets,Presentations, Investment Mandates, Video PitchBooks & More! Company Directory AUM Accelerator Program (designed for investment managers) Over 450K+ Industry Headlines, Posts and Updates ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY.CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN.PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.THIS IS NOT A SOLICITATION FOR INVESTMENT.THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY.IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES.ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM.PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT. ALPHAMAVEN
ArcTern Ventures Investments
53 Investments
ArcTern Ventures has made 53 investments. Their latest investment was in Trove as part of their Series E on August 8, 2023.
ArcTern Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/9/2023 | Series E | Trove | $29.34M | Yes | 2 | |
6/13/2023 | Series C | Winnow | $10M | Yes | 2 | |
6/7/2023 | Series A - II | Woltair | $21.92M | No | 1 | |
5/11/2023 | Series B | |||||
3/3/2023 | Series B - III |
Date | 8/9/2023 | 6/13/2023 | 6/7/2023 | 5/11/2023 | 3/3/2023 |
|---|---|---|---|---|---|
Round | Series E | Series C | Series A - II | Series B | Series B - III |
Company | Trove | Winnow | Woltair | ||
Amount | $29.34M | $10M | $21.92M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 2 | 1 |
ArcTern Ventures Fund History
4 Fund Histories
ArcTern Ventures has 4 funds, including Arctern Ventures Fund III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
9/21/2023 | Arctern Ventures Fund III | 2 | |||
1/23/2020 | ArcTern Fund II | ||||
9/18/2019 | ArcTern Ventures Fund II (NR) | ||||
12/31/2017 | ArcTern Fund I |
Closing Date | 9/21/2023 | 1/23/2020 | 9/18/2019 | 12/31/2017 |
|---|---|---|---|---|
Fund | Arctern Ventures Fund III | ArcTern Fund II | ArcTern Ventures Fund II (NR) | ArcTern Fund I |
Fund Type | ||||
Status | ||||
Amount | ||||
Sources | 2 |
ArcTern Ventures Partners & Customers
1 Partners and customers
ArcTern Ventures has 1 strategic partners and customers. ArcTern Ventures recently partnered with Equinor on October 10, 2018.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
10/9/2018 | Client | Norway | ArcTern Ventures Announces First Close of Second Cleantech Fund with OMERS and Equinor ArcTern Ventures 's strong , entrepreneurial team , early-stage focus in many cleantech subsectors , and strong relationship with MaRS Discovery District , made it stand out in the cleantech space . '' | 2 |
Date | 10/9/2018 |
|---|---|
Type | Client |
Business Partner | |
Country | Norway |
News Snippet | ArcTern Ventures Announces First Close of Second Cleantech Fund with OMERS and Equinor ArcTern Ventures 's strong , entrepreneurial team , early-stage focus in many cleantech subsectors , and strong relationship with MaRS Discovery District , made it stand out in the cleantech space . '' |
Sources | 2 |
ArcTern Ventures Team
4 Team Members
ArcTern Ventures has 4 team members, including current Founder, Managing Partner, Murray McCaig.
Name | Work History | Title | Status |
|---|---|---|---|
Murray McCaig | Upstream Telecommunications and Software Systems, EnviroTower, Spotnik Mobile, and McKenna Group | Founder, Managing Partner | Current |
Name | Murray McCaig | |||
|---|---|---|---|---|
Work History | Upstream Telecommunications and Software Systems, EnviroTower, Spotnik Mobile, and McKenna Group | |||
Title | Founder, Managing Partner | |||
Status | Current |
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