MaRS Investment Accelerator Fund

MaRS Investment Accelerator Fund (MaRS IAF) is one of Canada’s leading early-stage venture capital firms, based in Toronto. Established in 2008, it focuses on providing seed and pre-seed funding to high-potential technology startups across several sectors, including cleantech, healthtech, deeptech, and enterprise software. Over the years, MaRS IAF has made more than 175 investments, helping build transformative companies that contribute to Ontario's growing tech ecosystem. The firm typically offers up to $500,000 in initial funding, with follow-on investments as startups grow. MaRS IAF emphasizes not just capital but also strategic support, leveraging its vast network of industry experts, academia, and entrepreneurs. Their portfolio includes innovative companies like Mindbridge, ACTO, and Nicoya, which have collectively attracted more than $1.7 billion in follow-on funding. The fund is deeply integrated with the broader MaRS Discovery District, one of North America’s largest urban innovation hubs, which provides additional resources and mentorship for startups. MaRS IAF has been instrumental in fostering the growth of Ontario’s innovation sector, creating thousands of jobs and supporting startups as they scale to compete on a global stage.