Mara Renewables Announces $9.1M in Financing from S2G Investments to Advance Sustainable Omega-3 Innovation

HALIFAX, Nova Scotia, July 23, 2025 – Mara Renewables (“Mara”), a leading biotechnology company delivering algae-based solutions for human and animal nutrition, today announced it has raised USD$9.1 million in funding from S2G Investments (“S2G”), a multi-stage investment firm focused on scaling solutions across oceans, food and agriculture, and energy. The investment will support Mara’s expansion of its sustainable omega‑3 platform, deepen R&D capacity, and further scale its ability to address critical gaps across global nutrition supply chains.

Omega‑3 DHA, a vital nutritional lipid, plays a key role in maintaining overall health and has been scientifically proven to support cognitive function, vision, cardiovascular performance, and prenatal development. Despite its importance, 85% of the global population remains deficient in omega‑3. While demand continues to grow — driven by health-conscious consumers and expanding applications in food, supplements, and functional foods — the supply of omega‑3 DHA, traditionally sourced from wild-caught fish, still meets only a fraction of what’s needed.

Factors like taste, convenience, and product availability present a meaningful opportunity to close this nutritional gap sustainably. Mara is determined to do just that by making omega‑3 consumption easy, enjoyable, and accessible to all. 

While conventional omega‑3 production relies on a long food chain — starting with microalgae, consumed by zooplankton, then by fish — Mara offers a fish-free alternative that avoids reliance on vulnerable marine ecosystems and goes straight to the original source: microalgae. At the heart of Mara’s patented process is precision fermentation, a series of breakthrough techniques that enable microalgae to grow efficiently in controlled environments. This innovative approach ensures a reliable, high-quality supply of omega‑3, while providing a sustainable solution that alleviates pressure on marine ecosystems.

Mara’s algae-derived omega‑3 products deliver scientifically proven health benefits through a scalable, sustainable platform. With applications across infant formula, dietary supplements, functional foods, animal health, and aquaculture nutrition, Mara’s vertically integrated 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. 

“At Mara, we are committed to transforming the way the world sources vital nutrients like omega-3s,” said Harry Boot, CEO of Mara. ​“Our partnership with S2G strengthens our ability to meet growing global demand with reliable, high-quality alternatives that protect aquatic ecosystems, reduce reliance on wild fisheries, and support the health of people and animals alike. We’re proud to have a values-aligned partner who brings deep experience and shared ambition.”

“In our view, Mara is solving a fundamental supply chain challenge with precision and scale,” said Larsen Mettler, Managing Director of S2G’s oceans strategy. ​“They have built an end-to-end platform that delivers consistent, clean, and high-quality omega-3s without relying on depleted fisheries.”

Looking ahead, the company is focused on strengthening its global manufacturing footprint through strategic partnerships, making omega‑3 a seamless part of daily life by supporting customers in developing enjoyable, easy-to-consume products for direct and indirect human nutrition, and deepening commercial collaborations across key global markets.

About Mara Renewables
Based in Halifax, Canada, Mara Renewables Corporation is on a mission to enhance human health by delivering premium, fish-free omega-3s derived from algae. By combining cutting-edge science with a commitment to sustainability, Mara’s products contribute to marine ecosystem preservation while promoting healthier living. The company and its subsidiaries, Algarithm and Humanativ Limited, offer microalgal-based omega-3s in various formats — including crude oil, refined oil, concentrates, softgels, and powders — catering to dietary supplements, infant nutrition, food and beverage industries, and animal nutrition. For more information, visit mara​corp​.ca, connect with us on LinkedIn or contact info@​maracorp.​ca

About S2G Investments
S2G is a multi-stage investment firm focused on venture and growth-stage businesses across food & agriculture, oceans, and energy. The firm provides capital and value-added resources to companies and leadership teams pursuing market-based solutions designed to deliver greater value, improved outcomes, and enhanced performance over traditional alternatives. With a commitment to creating long-term, measurable outcomes, S2G structures flexible capital solutions that can range from venture funding through growth equity to debt and infrastructure financing. For more information about S2G, visit s2gin​vest​ments​.com or connect with us on LinkedIn.