Toronto Innovation Acceleration Partners

Toronto Innovation Acceleration Partners is a non-profit venture capital investment firm established in 2018 and located in Toronto, Ontario. The organization focuses on accelerating the commercialization of health science technology companies across Canada. It acts as a bridge between research institutions and market opportunities, leveraging intellectual property and discovery assets to foster innovation. By conducting thorough due diligence and project management, Toronto Innovation Acceleration Partners identifies and develops high-potential opportunities, facilitating their transformation into viable companies. This approach aims to enhance the commercialization landscape in Toronto and support the growth of the health technology sector in Canada.

Rafi Hofstein

President and CEO

Parimal Nathwani

President and CEO

Past deals in Toronto

Phenomic AI

Seed Round in 2020
Founded in 2017, Phenomic AI is a Toronto-based company that develops artificial intelligence-driven drug discovery platforms. Its technology analyzes phenotypes in complex disease models like high-content co-culture and 3D assays, enabling pharmaceutical companies to discover drugs more efficiently.

Phycus Biotechnologies

Seed Round in 2020
Phycus Biotechnologies specializes in biotechnology solutions. It develops products from biological sources, primarily algae and aquatic organisms, to create bioactive compounds used in cosmetics, dietary supplements, functional foods, and natural pesticides.

BlueDot

Seed Round in 2013
BlueDot is a global health intelligence company that empowers organizations to anticipate and respond effectively to infectious disease threats. Using AI-driven analytics and human expertise, it monitors over 190 diseases worldwide, providing critical insights on outbreaks.

Crowdmark

Seed Round in 2013
Founded in Toronto, Canada in 2012, Crowdmark is an education technology company that offers a Web-based application for streamlined document assessment. It uses AI to administer and grade online assessments, serving students, teachers, and educational institutions worldwide.

Crowdmark

Seed Round in 2013
Founded in Toronto, Canada in 2012, Crowdmark is an education technology company that offers a Web-based application for streamlined document assessment. It uses AI to administer and grade online assessments, serving students, teachers, and educational institutions worldwide.
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