The Canadian AI Index

Investors / MaRS Investment Accelerator Fund

MaRS Investment Accelerator Fund

MaRS Investment Accelerator Fund is a government or Crown investor based in Canada. MaRS Investment Accelerator Fund has backed 32 Canadian AI companies in the Index, joining 9 tracked rounds and leading 2. The most recent was Thri5's US$5.4M seed round in September 2026. MaRS Investment Accelerator Fund most often invests alongside Mistral Venture Partners, BDC Thrive Venture Fund and N49P.

Government/Crown based in Canada. 32 Canadian AI companies in the Index, 9 tracked rounds, 2 as lead.

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Type
Government/Crown
HQ country
Canada
Companies
32
Tracked rounds
9
Led
2
First tracked deal
Vivid Machines, Apr 2023
Latest tracked deal
Thri5, Sep 2026
Website
marsiaf.com

Portfolio

CompanyRounds joined (date, round size)Company's total raisedRole
Thri5Seed · Sep 2026 · US$5.4M roundUS$5.4M—
MedReddieSeed · Nov 2025 · C$1.6M round (lead)C$1.6MLead
runQLPre-seed · Nov 2024 · C$1.6M roundC$1.6M—
BloksSeed · Sep 2024 · US$1.5M roundC$2.3M—
AzomaPre-seed · Sep 2024 · US$850K round (lead)US$850KLead
ForcenVenture round · Apr 2024 · C$8.4M roundC$9.9M—
SibliSeed · Feb 2024 · US$4.5M roundC$7.3M—
Tali AIVenture round · Nov 2023——
Vivid MachinesSeed · Apr 2023 · US$4.3M roundC$7.5M—
ACTO*—C$3M—
Arima*———
BaseTWO*—US$11.5M—
Brickeye*———
Cavelo*—C$10M—
eMurmur*———
Hypercontext*———
Knockri*———
Kritik*———
LearnExperts*———
MindBridge*—US$60M—
ODAIA*—US$25M—
Pink Bot*———
Pitstop*—C$3.8M—
ProNavigator*———
Ranovus*—C$2M—
Raven Connected*—C$10M—
StackAdapt*———
Swift Medical*—US$8M—
Talin*—C$775K—
Valsys*———
Wysdom.ai*———
Zighra*—C$1M—

A round's size is the whole round as announced, not this investor's cheque.

* Held per the firm's portfolio page or reported coverage, without a round tracked in the Index.

Frequent co-investors

Mistral Venture Partners (3 shared rounds), BDC Thrive Venture Fund (2 shared rounds), N49P (2 shared rounds), Amar Varma (1 shared round), BDC Deep Tech Venture Fund (1 shared round), BoxOne Ventures (1 shared round), Brightspark Ventures (1 shared round), Burst Capital (1 shared round)

Data as of November 10, 2026.

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