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Ray Muzyka

Angel Investor, Threshold Impact, Co-founder/former CEO, Bioware 

Originally trained as a MD, Dr. Ray Muzyka co-founded BioWare (www.bioware.com) in the early 1990s. After two years of full-time medical practice, rural emergency room/family medicine Ray transitioned over a decade to part-time as he focused on his role as BioWare's CEO for the next two decades, with the last five years as SVP/Group GM of the BioWare division of Electronic Arts. Ray retired from videogames in 2012, with his third career chapter at ThresholdImpact focused on sustainable, profitable impact investing – mentoring and angel investing in deep-tech social enterprise, health and medical innovations.

ThresholdImpact as of 2025 has made investments in ~100 portfolio companies over 200+ financing rounds, focusing primarily on angel investments in pre-Seed, Seed and Series A health and medtech teams, for example in diagnostic and therapeutic medical devices, healthtech software, drug discovery AI, pharmaceuticals, biotechnology, wellness, rehabilitation, robotics, and a range of other deep technology with social impact.

Ray obtained his BMedSci (UAlberta) in 1990, his MD (UAlberta) in 1992 and CCFP in 1994, and his MBA from Ivey's School of Business (UWO) in 2001.

He was inducted into the Order of Canada in 2018, the Academy of Interactive Arts and Sciences' Hall of Fame in 2011, Alberta's Business Hall of Fame in 2018, received the Venture Capital Association of Alberta's Rod Charko Service Award in 2019, the International Game Developers Association's 2013 Lifetime Achievement Award, U of A's 2015 Alumni Innovation Award, MacEwan University's 2017 Allard Chair in Business, and named a Fellow of the Royal Canadian Geographic Society in 2021, among other awards.