This deck provides an overview of MaRS Innovation, its members and portfolio, along with the commercialization services that we provide to help technology being developed by member researchers to reach the market.
Our two primary paths are creating start-up companies or negotiating license deals.
2. We exist to harness Canada’s
largest research cluster
15 MEMBERS = ONE VISION
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And turn the $1.47 billion annually invested into basic research
within our members into market-facing products and services
3. WHY WERE WE CREATED?
In partnership with our members, MaRS Innovation
exists to bridge academic excellence and market-driven success.
Valley of Death:
Early commercialization stage where promising ideas fail
6. SERVICES TO MEMBERS
Support
Standard Services
Screen
Light Touch:
One-to-Many
Build
High-Touch:
Dedicated License
Team
Launch
Highest Touch:
Up to 50 Per Cent
Dedicated Time to
Start-Up Company
Access to Resources:
• Market intelligence
• MI’s network
• Discipline-specific
expertise
Validation Funding:
• Proof-of-Principle
funding
• Industry matching
funds
• Scouting services
Deal Team Services:
• Intellectual
property
management
• Commercial
development and
negotiations
Company Creation:
• Embedded
management
• Business strategy
and development
• External investment
and negotiations
9. Protected—Commercial Confidential
PORTFOLIO DIVERSITY
MaRS Innovation accepts
member technologies in:
Therapeutics Physical sciences Clean Technology
Medical devices
and medical diagnostics
Information and communications
technology (ICT)
10. Company Creation
Drug
Development
Diagnostics/
Medical Devices
E-Health
DLVR Beside Clinical Systems BlueDot
Encycle BresoTec eQOL *
Formation ChipCare E-Twenty *
ScarX Kapplex Root2Crown *
Triphase Legworks Syncadian *
Ubiquitech OtoSIm Treata *
Vasomune Xagenic TrendMD *
Zucara XLV Diagnostics VitalHub
* UTEST company
** Equity acquired
through license
transaction
LIFE
SCIENCES PORTFOLIO COMPANIES
13. PORTFOLIO INVESTORS
• BDC Venture Capital
• Bernard M. Gordon
Unitrust
• CTI Life Sciences Fund
• Domain Associates, LLC
• Epic Capital
• Horizons Ventures
• Lumira Capital
• Maple Leaf Angels
• Puffin Partners
• Qiagen, NV
• Robert Bosch Venture
Capital
• Takeda Ventures
• Trellis Capital
• Vodafone
• Winfield Venture Group
• Ycombinator
• Other angel groups and
private trusts
Blue indicates foreign investor groups that have funded MI start-up companies.
14. COMPANY & JOB STATISTICS
Secured Angel Funds
Completed Series A
Negotiating Series A
Completed Series B
Revenue / Major Contracts
Strategic Investor/Partners
Acquisition/exit
8
5
7
2
7
6
1
MI Start-Up Companies 300+ direct jobs
created
(no multiplier)
37 / 38 MaRS Innovation
start-up companies
remain in Canada
15. PORTFOLIO LEVERAGESTART-UP
COMPANY
Over 10x leverage
$10 million
MaRS Innovation’s investment into our portfolio companies
$125 million
External investment into the portfolio
($94 million foreign investment)
VOICEOVER: If MI doesn’t exist, very little of the technologies we see will cross over; no other private investors play in this space because it is SO RISKY and 5 years early. If we aren’t here to mobilize our research sector, it’s not happening.
These are the member institutions with whom we work.
The further a project advances, the
*UTEST stands for University of Toronto Early Stage Technology program. It provides nascent software companies with start-up funding, office space in the MaRS Discovery District facility, mentoring and business strategy support.
UTEST accepts companies in the very earliest stages of idea generation— before they’re ready for traditional incubators — and awards each company up to $30,000 in start-up funds. UTEST is jointly administered by the Innovations & Partnerships Office at the University of Toronto and MaRS Innovation.
Angels: Avid, Apnea, Chipcare, Legworks, ScarX, TrendMD, VitalHub, Whirlscape
Series A: Xagenic, XLV, BlueDot, Flybits and Chipcare
Series B: Xagenic
Revenue/Contracts: Otosim, VitalHub, Flybits and BlueDot
Strategic industry partners/investor: Encycle, Triphase, Vasomune
Angels: Formation, Apnea, Chipcare, Legworks, ScarX, TrendMD, VitalHub, Whirlscape
Series A: Xagenic, XLV, BlueDot, Flybits and Chipcare
Series B: Xagenic, Triphase
Revenue/Contracts: Otosim, VitalHub, Flybits, BlueDot, Whirlscape, Crowdmark, TrendMD
Strategic industry partners/investor: Encycle, Triphase, Vasomune, VitalHub, BlueDot, Flybits
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Increasing traction: Four out of five Series A investments have come in the last year