Murray Mccaig
Managing Partner at ArcTern Ventures
Toronto, Ontario
Overview
Work Experience
Co-Founder and Managing Partner, ArcTern Ventures
2012 - Current
ArcTern Ventures is a venture capital firm with offices in Toronto, San Francisco, and Oslo investing globally in breakthrough technology companies, solving climate change and sustainability - we call it #earthtech.
Board Member
2020
Span is the home energy 'brain'. Span's smart electrical panel simplifies home electrification while enabling control of every energy load in the home.
Span develops residential energy storage devices that provide renewable electricity and charging services for electric vehicles.
Raised $229,800,000.00 from Wellington Management, Fifth Wall, Amazon Alexa Fund, Congruent Ventures, Capricorn Investment Group, Munich Re Ventures, Qualcomm Ventures, noa, FootPrint Coalition and Angeleno Group.
Board Member
2019
Sheertex’s proprietary sheer knit utilizes ballistic-grade fibers to make ultra-durable sheer pantyhose and other products. The company’s product replaces the over 6 billion pairs of disposable sheers that go to landfill every year.
Board Observer
2022
Scythe is accelerating the decarbonization of the global commercial landscaping sector with its autonomous electric mowers designed to tackle challenges in unstructured outdoor environments.
Scythe is a robotics company that develops autonomous machines for maintaining off-road environments.
Raised $70,770,994.00 from Alumni Ventures, Energy Impact Partners, ArcTern Ventures, Amazon Alexa Fund, True Ventures and Inspired Capital Partners.
Board Observer
2021
Xeal solves the poor reliability issue with EV chargers by enabling its chargers to operate and authenticate without an internet connection using its patented distributed ledger architecture. Its EV charging solution is well-suited to multi-tenant buildings who can earn more passive income.
Xeal provides EV charging solutions for apartments, condos, and workplaces.
Raised $61,000,000.00 from Bridge Bank.
Board Member
2012
GreenMantra converts waste plastic to high value synthetic wax using a patented thermocatalytic depolymerization process using small modular plants that can be based close to large customers or waste plastic sources.
Mentor: Toronto, Canada; Oxford, UK
2018
The Creative Destruction Lab is a seed-stage program for massively scalable, science-based companies. The program employs an objectives-based mentoring process with the goal of maximizing equity-value creation.
Chairperson
2013
MMB enables consumer device companies to 'smart enable' and connect their products to the rapidly growing smart home ecosystems.
Board Member
2013
SmarterAlloys is the world’s only company capable of programming multiple memories or pseudo elasticities into a single shape memory alloy (SMA). Smarter Alloys has commercial products in the medical, automotive, and industrial sectors.
Co-Chairperson
2017
Butterfield & Robinson designs and runs the world’s most immersive, inspiring and unforgettable journeys.