MaRS Investment Accelerator Fund (IAF)

MaRS Investment Accelerator Fund is a venture capital firm in Canada that focuses on firms operating in the cleantech, information technology, and healthcare sectors. Founded 2007 in Toronto, Ontario, Canada, this venture capital invests in early stage ventures, seed, series A, series B, and debt financing. Its portfolio companies include Top Hat, tealbook, e-Zn, and Nicoya Lifesciences. As of February 2020, MaRS Investment Accelerator Fund has made 161 investments. Their most recent investment was on January 14, 2020, when Nicoya Lifesciences raised CA$10M. MaRS Investment Accelerator Fund has had 28 exits. MaRS Investment Accelerator Fund's most notable exits include Aeryon Labs, Askuity, and Pond Technologies. MaRS Investment Accelerator Fund has raised three funds, their latest being Youth Investment Accelerator Fund. This fund was announced on Feb 11, 2014 and raised a total of $8.5M.