MaRS Investment Accelerator Fund (IAF)
AcceleratorToronto · Pre-Seed–Series B · 26 people tracked
Also known as MaRS Investment Accelerator Fund
Investment thesis
MaRS supports Canadian founders from pre-seed funding through international expansion, providing office/lab space, targeted programming, advisory guidance and investor connections. It focuses on commercializing science and technology to strengthen Canada's innovation economy. Through the MaRS Investment Accelerator Fund and its capital programs, it connects high-potential companies with vetted investors, customers and partners. Sector emphasis spans health and life sciences (therapies, diagnostics, digital care), cleantech (food, energy, transportation, construction, manufacturing), and emerging technologies such as AI, quantum, robotics and advanced manufacturing.
Source: firm website, verified Aug 3, 2026.
Team · 26 people
from the firm's websiteWhat they invest in
from 13 of 15 portfolio companiesCleantech ×5AI & Machine Learning ×4Deep Tech ×4AgTech ×2Climate Tech ×2Energy ×2Hardware ×2New Materials ×2
HQs:Canada×9
Portfolio companies · 15 tracked
alumni founders can tell you what the program is really likeBetaKit is a Canadian technology news publication covering startups, venture capital, and the tech industry through articles and a podcast.
Media & Entertainment
Co-investors11.2 CapitalAdvance Venture PartnersBackbone AngelsBKR CapitalConexus Venture CapitalOntario Centre of Innovation programs+2 more
Cognota provides a platform for learning and development (L&D) and talent professionals to manage workforce development and transformation.
AI & Machine LearningEnterprise SoftwareHR TechSaaS
Ryan Austin(Founder)in
Co-investorsBlossom Street VenturesDifferential VenturesTIA Ventures
FeX Energy develops iron-based thermochemical energy storage systems that convert electricity into sustained high-temperature heat up to 900°C for industrial applications.
CleantechDeep TechEnergyMontreal, CA
Jeffrey Bergthorson(Professor)
Co-investorsAmplify Capital
Growcer designs and builds modular vertical container farms (branded Osiris®) that use deep water culture hydroponics to grow lettuce, leafy greens, herbs, and other crops year-round in climates ranging from -40°C to +40°C.
AgTechFoodTechHardware
Co-investorsOntario Centre of InnovationOntario Centre of Innovation programsSheBoot
Litus develops a patent-pending nanotechnology process (LiNC) for Direct Lithium Extraction (DLE) from aqueous sources, producing high-purity lithium compounds while preserving source water.
CleantechDeep TechNew Materials
Co-investorsStartup TNTUCeed Funds
Co-investorsClimate InvestmentScale AI
Metafold provides a geometric intelligence platform that analyzes 3D CAD data to enable manufacturers to make rapid design and manufacturing decisions.
Advanced ManufacturingAI & Machine LearningDeep Tech
Co-investorsDifferential VenturesJetstream
Mission from MaRS is a Canadian climate initiative that identifies companies with scalable emission-reduction technologies and connects their founders with ecosystem leaders to help commercialize and scale these solutions across sectors such as energy, real estate, transportation, and carbon management.
CleantechClimate TechImpact & Social Good
Co-investorsOntario Centre of InnovationOntario Centre of Innovation programs
Nfinite makes ultra-high barrier paper that is 100% curbside recyclable and designed as a drop-in replacement for flexible plastic packaging on high-speed form-fill-seal lines.
Circular EconomyDeep TechNew Materials
Chee Hau Teoh(Cofounder)Kevin Musselman(Founder)
Co-investorsFTW VenturesCollateral Good
Peak Power provides AI-enabled battery energy storage systems and optimization services that help large commercial and industrial facilities reduce peak demand charges, generate grid revenue, and cut energy costs with no upfront cost.
AI & Machine LearningCleantechEnergy
Co-investorsThe Atmospheric FundWaterpoint Lane
Planetary removes carbon dioxide from the atmosphere using ocean alkalinity enhancement, introducing purified alkaline minerals into coastal outfalls at existing infrastructure sites like power plants and wastewater treatment facilities.
CleantechClimate Tech
Co-investorsAmplify CapitalNucleation Capital
Promise Robotics offers an AI-powered, cloud-based offsite construction platform that converts builders' design files into manufacturing instructions, automating estimating, procurement, robotic framing, and onsite assembly for homebuilders.
Construction TechPropTechRobotics
Co-investorsAlate PartnersHorizons VenturesRadical VenturesRelay Ventures
Vivid Machines provides real-time crop intelligence and vision-based technology for fruit producers, offering insights on crop load management, yield forecasting, plant health, and disease detection.
AgTechAI & Machine LearningHardwareToronto, CA
Jennifer Lemieux(Executive Officer, Director)Jonathan Binas(Co-founder)inJenny Lemieux(Co-founder)in
Co-investorsEntrepreneur FirstSpatial CapitalStand Up VenturesTall Grass VenturesBoxOne Ventures
Willful operates an online estate planning platform that guides individuals through creating legally valid wills and power of attorney documents.
FintechLegalTechSaaS
Erin Bury(Co-founder & CEO)inKevin Oulds(Co-founder & Head of Research and Innovation)inJulia Wilkie(Head of Customer Experience and Operations)inChris Long(Head of Product)in
Co-investorsBackbone AngelsFounderFuelTacticoMaRS
Portfolio news
latest coverage across their companiesCognota · betakit.com · Jun 25, 2026
Frequently asked questions
- How many investments has MaRS Investment Accelerator Fund (IAF) made?
- MaRS Investment Accelerator Fund (IAF) has 15 tracked investments.
- What stage does MaRS Investment Accelerator Fund (IAF) invest at?
- MaRS Investment Accelerator Fund (IAF) invests at the Pre-Seed, Seed, Series A, Series B stages.
- What sectors does MaRS Investment Accelerator Fund (IAF) focus on?
- MaRS Investment Accelerator Fund (IAF) focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Construction Tech, Deep Tech, Digital Health, Energy, Enterprise Software, FoodTech, Healthtech, Impact & Social Good, Mobility & Transportation, Quantum Computing, Robotics, SaaS.
- Where is MaRS Investment Accelerator Fund (IAF) located?
- MaRS Investment Accelerator Fund (IAF) is headquartered in Toronto, CA.
- Who does MaRS Investment Accelerator Fund (IAF) co-invest with?
- MaRS Investment Accelerator Fund (IAF) most often shares deals with Ontario Centre of Innovation programs, Amplify Capital, Backbone Angels, among 31 tracked co-investors.
Media · Podcasts & interviews
from their channelThis uncanny moment: AI has us all lurching between hype and hysteria, but what are the real risk...
MaRS Discovery District
Mind over matter
MaRS Discovery District
Transforming traditional prosthetics
MaRS Discovery District
Degrees of freedom: Why human dexterity is the holy grail of robotics
MaRS Discovery District
How Mobility Unlimited Hub is making strides
MaRS Discovery District
Creating Climate Impact: Celebrating five years of Mission from MaRS
MaRS Discovery District
Images
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