NEW TECH FOODS

Mara Renewables has raised $9.1 million from S2G Investments to to expand its algae-based omega-3 platform, increase research and development and scale production to meet growing global demand for sustainable nutrition solutions.

The biotech firm, which produces omega-3 DHA from microalgae instead of fish, is positioning itself as a scalable, environmentally responsible alternative to traditional fish oil sources. Omega-3 DHA is essential for cognitive, cardiovascular and prenatal health, yet around 85% of the global population remains deficient.

Traditional omega-3 supply chains rely heavily on wild-caught fish. Mara’s approach uses precision fermentation to cultivate microalgae directly, eliminating the need for fish and reducing pressure on marine ecosystems. In 2024, the company says it offset the equivalent of 6.7 billion anchovies through its production of algal DHA.

Mara’s ingredients are used across infant formula, supplements, functional foods, animal health and aquaculture. Its vertically integrated model is designed to deliver consistent supply while avoiding the volatility of marine-sourced inputs.

The company plans to use the funding to grow its manufacturing footprint through strategic partnerships and to support the development of consumer-friendly omega-3 products.

Harry Boot, CEO of Mara, said: “At Mara, we are committed to transforming the way the world sources vital nutrients like omega-3s. ​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.”

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