In Canada, Mara Renewables has received US$9.1 million from S2G Investments to expand R&D and capacity for its algae-based omega‑3 DHA platform.
The vital nutritional lipid is traditionally sourced from wild-caught fish, and demand globally far exceeds supply. Mara’s vertically integrated, precision fermentation platform is built to meet market needs while reducing strain on ocean resources. In 2024, Mara supplied enough algal DHA to offset an estimated 6.7 billion anchovies from the supply chain.
“In our view, Mara is solving a fundamental supply chain challenge with precision and scale,” Larsen Mettler, Managing Director of S2G’s oceans strategy, said in a press statement. “They have built an end-to-end platform that delivers consistent, clean, and high-quality omega-3s without relying on depleted fisheries.”