# MaRS IAF: portfolio, investments and team

> MaRS IAF is a vc firm. 4 investments on record, 2 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/mars-iaf (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# MaRS IAF

Last cheque observed Oct 2026; 4 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A

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Deploying now

**100%** of best year **2** **cheques in 12 months**, 4 on record

Since the last cheque **11** days **00** hrs **00** min **00** sec

Median round **$4.2M** Rounds led **0 of 4**

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## MaRS IAF highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Pre-seed and Seed: 67% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2026** 1 round
- **Oct** **[Azoma](https://millionrounds.com/company/azoma)** Series A · CA · Google News search **$11M** With 7 others
- **2025** 1 round
- **Dec** **[Azoma](https://millionrounds.com/company/azoma)** Pre-seed · GB · TechStartups **$4.0M** With 4 others
- **2023** 1 round
- **Apr** **[Vivid Machines Inc.](https://millionrounds.com/company/vivid-machines-inc)** Seed · CA · Tall Grass Ventures **$4.3M** With 9 others
- **2018** 1 round
- **Dec** **[Cybeats](https://millionrounds.com/company/cybeats)** CA · FinSMEs **$3.0M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Pre-seed Seed Series A

Median round joined **$4.2M** the round, not its cheque

Led 0 of 4 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Pre-seed *1*
- Seed *1*
- Series A *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Rank Ventures](https://millionrounds.com/fund/rank-ventures) 2
- [Team Ignite Ventures](https://millionrounds.com/fund/team-ignite-ventures) 2
- [Twinpath](https://millionrounds.com/fund/twinpath) 2

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## Who they invest alongside

The investors most often in the same rounds as MaRS IAF. A count of rooms they were both in, not a relationship either has claimed.

[**Rank Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/rank-ventures)[**Team Ignite Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/team-ignite-ventures)[**Twinpath** VC firm **2** rounds together](https://millionrounds.com/fund/twinpath)

## Quick answers about MaRS IAF

### What does MaRS IAF invest in?

MaRS IAF invests most often at Pre-seed and Seed (67% of the rounds on record).

### How active is MaRS IAF?

4 investments on record, 2 of them in the last 12 months. The most recent was in Oct 2026.

### What has MaRS IAF invested in recently?

Its most recent investments on record: Azoma (Series A, Oct 2026), Vivid Machines Inc. (Seed, Apr 2023) and Cybeats (Undisclosed round, Dec 2018).

### How big are MaRS IAF's cheques?

The median round it joins is $4.2M.

### Is MaRS IAF investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### Who does MaRS IAF invest alongside?

Most often Rank Ventures (2 rounds together), Team Ignite Ventures (2 rounds together) and Twinpath (2 rounds together).

### What kind of investor is MaRS IAF?

MaRS IAF is a VC firm.

### Where does this information on MaRS IAF come from?

From 8 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=mars-iaf) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=mars-iaf)