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Yung Wu
Recently-retired CEO of MaRS Discovery District and Entrepreneur
Yung Wu is a prominent figure in the Canadian innovation and technology sectors, currently serving on the Board of Directors at MDA Space. He is a serial entrepreneur and private equity investor with a strong focus on innovation, digital strategy, and technology.
Professional Background
Yung Wu was the CEO of MaRS Discovery District, one of the largest innovation hubs globally, where he significantly expanded the community, raising over $17 billion in capital and contributing more than $23 billion to Canada's GDP during his tenure. His leadership at MaRS saw a growth of over 450% in just six years.1
In addition to his role at MDA Space, Yung is the co-founder of NFQ Ventures, where he partners with early-stage entrepreneurs to foster the creation of globally competitive companies. He is also involved in social initiatives, having co-founded the Coalition of Innovation Leaders Against Racism (CILAR), which aims to create opportunities for underrepresented communities in the innovation economy.1
Education and Recognition
Yung holds a B.Sc. in Computer Science, Economics, and Mathematics from the University of Toronto and is a graduate of the Entrepreneurial Masters Program at MIT. He has been recognized as one of Canada’s “Top 40 under 40” and has received accolades for leading one of Canada’s “50 Best Managed Private Companies”.1
His extensive experience and commitment to innovation and social equity make him a significant contributor to the technology and entrepreneurial landscape in Canada.