TORONTO, Sept. 28, 2017 /PRNewswire/ - Yung Wu, a pioneering entrepreneur and serial investor, will be the new CEO of MaRS Discovery District, the board of directors announced today.
Wu will start at MaRS on November 1, 2017, the culmination of a global search to find a successor to outgoing CEO Ilse Treurnicht.
Wu is chairman of NFQ Ventures, an early-stage investment firm based in Toronto, and has a track record of founding, scaling and actively backing several groundbreaking startups, including: Castek Software, an insurance software vendor that was sold to a division of Oracle in 2007; Fuse Powered, a mobile analytics and big data firm that was purchased by Upsight in 2016; and Antibe Therapeutics, a biotech company developing medicines to treat pain and inflammation.
