KASTx Ventures is pleased to announce that Blaine Penny will be joining the company as Director, Operations. Blaine has over fifteen years of executive leadership experience managing large enterprises. Blaine will play an instrumental role in delivering strategic initiatives at KASTx Ventures and its scientific partners.

Blaine’s experience includes Co-founder and former CEO of MitoCanada, a Canadian non-profit which celebrated its 10th anniversary in 2020 and has contributed over $3 million to mitochondrial research and advancing mitochondrial medicine. KASTx Ventures is committed to recruiting values-based leaders to support its vision of turning today’s best science into tomorrow’s best medicines. “Blaine’s strong vision and leadership at MitoCanada in combination with his extensive executive and operations experience will further accelerate KASTx Ventures and our partners’ development of world-leading biotechnologies,” said Dr. Lawrence Korngut, Founder and Partner of KASTx Ventures.

Blaine’s executive experience also includes CEO of the start-up engineering firm Integrated Sustainability and Vice President of a global technology firm. Blaine’s extensive governance experience includes serving on three Boards as Chair. Blaine was named one of Calgary’s ‘Top 40 Under 40’ in 2010 and attended the prestigious 2015 Governor General’s Canadian Leadership Conference.

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