Tim Reinsch, Managing Partner of German venture capital firm TecPier, which focuses on the maritime industry, is moving to British investor Tufton to co-head a new division.
Reinsch announced the move today via social media. At Tufton, the investor is also well-known in the UK and has already invested in several shipping companies. A new venture capital arm, TuftonVC, is apparently being set up. Reinsch will also act as co-head in the future.
Reinsch focuses on Tufton work
The finance and start-up expert, who sat on the podium at the last HANSA Forum and provided interesting insights into working for and with start-ups, will continue to be responsible for TecPier. The company was originally founded with the support of the Bremen-based Zeaborn Group, among others, and now has additional investors on board, including the Hamburg-based United Shipping Group.
However, Reinsch wants to focus on his new role in the future. “The goal is the same: to help ambitious founders solve difficult problems in the shipping industry and beyond. We will support early-stage start-ups that make the maritime industry and global supply chains smarter, greener and more resilient,” the statement reads.
