ArcTern Venturesv Holds Second Close of Fund II
Summary
Led by co-founders and managing partners Murray McCaig and Tom Rand, ArcTern Ventures invests globally in breakthrough clean technology growth companies addressing climate change and sustainability. The firm is interested in deep technology and emerging fields of science, from advanced materials to artificial intelligence, which apply broadly to target sectors such as Clean Energy, Energy Use and Storage, Advanced Manufacturing and Materials, Food Systems, Mobility, agtech and foodtech. In Canada, ArcTern Ventures works closely with MaRS Discovery District to find the highest-potential companies in cleantech. MaRS is North America’s largest urban innovation hub and a leader in startup acceleration. Portfolio companies include Smarter Alloys, Parity, Morgansolar, Hydrostor, Sheertex, Circuitmeter, Greenmantra Technologies, Polas Sapphire, MMB Networks, Woodland, and Smart Energy Instruments.