Suggestions
Marc Penkala
General Partner @ āltitude | SME Tech Investor
Professional Background
Marc Penkala is an esteemed venture capitalist and entrepreneur known for his extensive expertise in various sectors, particularly in FinTech, PropTech, and RetailTech. With over a decade of hands-on experience in the venture capital space, Marc has emerged as a global leader in startup investments and fund management. He is currently a General Partner at āltitude One, focusing on creating better access to early-stage investments and fostering innovation.
His career is marked by a multitude of successful entrepreneurial endeavors, having founded several startups himself. As a hands-on angel investor, Marc boasts an impressive portfolio, with over 25 investments in dynamic startups. His previous roles include serving as the Managing Director and Founder at Minimal VC, and holding positions as an LP and Advisory Partner at Nucleus Capital. His keen eye for nurturing talent is evident from his experience advising emerging venture capital funds, guiding them through structuring and operational challenges.
Marc's approach combines a detail-oriented focus on metrics and performance ('number cruncher'), with creative strategy development ('power point painter') that helps shape impactful products ('product maverick'). His broad experience extends beyond venture capital; he actively engages with corporates looking to venture into the capital world, driving digital transformation and innovation initiatives.
Education and Achievements
Marc's educational background is as impressive as his professional trajectory. He has studied at renowned institutions across the globe, including Freie Universität Berlin, UNSW Australia, and the London School of Economics and Political Science (LSE). His diverse scholarly pursuits also took him to CBL International Business School in Dubai and Europa-Universität Viadrina Frankfurt (Oder), equipping him with a well-rounded perspective on global business dynamics.
His commitment to education and continuous learning reflects in his professional philosophy. Marc emphasizes the importance of community and mentorship, often advising budding entrepreneurs and startups. His work has driven innovation in finance and technology sectors, helping to shape the future landscape of these industries.
Achievements
Marc’s achievements in the venture capital sector are noteworthy. He has played a pivotal role in several high-impact investments, notably serving as an angel investor for multiple high-growth startups, including Germany’s first virtual pizza brand, MILANO VICE, and the early-stage fintech award winner Myos. His contributions have often been recognized in the startup ecosystem, with accolades such as the Growth Stage Fintech Startup of the Year awarded to Stableton Financial AG during his advisory tenure.
Moreover, Marc's investment strategies and visionary mindset have led to successful outcomes in investments like ATAI Life Sciences AG, a pioneering player in mental health that achieved a Nasdaq IPO. His passion for entrepreneurship ensures that he not only invests financially but also offers strategic advice to enhance the success of startups, making him a sought-after board member and advisor in various capacities.
Marc believes that travels unknowingly enrich one’s life experiences, having visited over 75 countries, adding to his global perspective. His extensive travels contribute to his desire to connect with diverse minds and approaches, enhancing his work in fostering innovation across cultures and regions.
Aside from his professional endeavors, Marc is known to be a family-oriented individual with a passion for the arts and literature. He advocates for the idea that a curious mind is an active mind, encouraging personal growth not just within business spheres but also in all aspects of life. His insightful and thought-provoking definitions of success emphasize that embracing risk and nurturing relationships can lead to a fulfilling life.
Marc's insights and experiences can be followed through his blog on Medium, where he shares his thoughts as part of the VC community. Through his various roles and contributions, Marc Penkala continues to inspire and empower up-and-coming entrepreneurs, encouraging them to think boldly and aim for impactful innovations.