Interview with Ulrich Seitz by VC Magazin: The Journey of BayWa r.e. Energy Ventures in Corporate Venturing
"VC Magazine: There are numerous variations in the topic of corporate venturing. What is your set-up within the BayWa r.e. Group?
Seitz: BayWa r.e. Energy Ventures has been an independent venture capital company since its foundation in 2018. We offer the mindset, flexibility and speed of a professional venture capital investor and the stability and financial strength of BayWa r.e. AG. We carry out important market research and innovation work for the Group by initiating collaborations with our portfolio companies. We are organized as an independent profit center with an expected return of 100% over the investment cycle of eight to ten years. Specifically, we are involved as a classic exit-oriented lead or co-lead investor with up to EUR 5 million in start-ups from the energy sector in Europe and Israel.
VC Magazine: Corporate venture capital units typically pursue both strategic and financial goals. What does your target matrix look like?"[VC Magazin, 2021].
If you want to dive deeper, read the article in german here:
„Wir sind die Innovationseinheit des Konzerns, organisiert als Profitcenter!“ - VC Magazin (vc-magazin.de)