Beginning of this year, the WEPA Group has founded WEPA Ventures as its corporate venturing arm. In accordance with the Group’s Perform & Transform – WEPA 2023 strategy, WEPA Ventures will invest into promising early stage start-ups and build start-ups.
WEPA Ventures hereby seeks for financial attractive investments while also considering the strategic relevance for the Group. As Andreas Krengel, Co-Managing Director of WEPA Ventures puts it: ‘We invest into and build own start-ups which contribute to our core competencies of the Group: sustainable hygiene products and solutions as well as alternative raw materials and alternative packaging. Being a part of WEPA Group, with our WEPA Ventures portfolio we follow our Group’s mission ‘to always provide sustainable hygiene solutions to improve well-being everyday, everywhere.’
Tobias Hundhausen, Co-Managing Director adds: ‘The start-up environment is an open ecosystem, and so is WEPA Ventures. The collaboration and co-creation between start-ups and WEPA Group’s departments is very important for us and has been proven quite successful so far for all partners. Thank you once more to all colleagues involved.’
WEPA Ventures hereby offers a great ecosystem for start-ups as well as supporting the Group’s transformation process and innovation approach. Over the next weeks, the current portfolio of WEPA Ventures will be introduced.
Andreas Krengel, Co-Managing Director
Andreas is Co-Managing Director in WEPA Ventures and laid its early foundations together with Tobias. His passion lies in the Strategy & Transformation process for the Group through his main role as Senior Project Manager of the Group’s Strategy & Transformation Office (STO). Andreas is well connected in the German start-up end entrepreneurial ecosystem and is Co-Founder of the start-up SNYCE.
Tobias Hundhausen, Co-Managing Director
Tobias is Co-Managing Director in WEPA Ventures and brings in a strong network in the German start-up and venture capital environment through his previous studies at the WHU Otto Beisheim School of Management and his activities as business angel for several start-ups. Next to his role for WEPA Ventures his key focus at WEPA is the digital support for the WEPA departments through the digital unit WEPA.digital which he is heading.
Till Rösnick, Investment Manager
Till joined WEPA Ventures as Investment Manager in July as a next career step within WEPA Group, following successful years in WEPA’s Treasury department. Till’s strong interest in the start-up environment roots from a start-up he founded himself as well as a student venture capital club he ran next to his studies. Till is currently finalising his Master’s Thesis at HHL Leipzig Graduate School of Management, which focuses on the design of a successful aftermath of corporate start-up accelerator programs.