SET Ventures has promoted two key members of the team, Dr. Till Stenzel and Leonie Mekel, as SET looks to continue backing digital solutions for a carbon-free energy system.
Dr. Till Stenzel, who joined the firm in May 2021, has been promoted from Venture Partner to a full member of the SET Partner team. Till has been an invaluable part of SET’s growing emphasis on the German, Austrian and Swiss (DACH) startup ecosystems. With this promotion, SET Ventures looks to further cement their position in backing clean energy innovation in the DACH region.
“Till is and was always a reliable, supportive and active partner to develop Frequenz successfully.” Says Thomas Nicolai, Co-Founder and CEO of Frequenz. A portfolio company of SET Ventures, based in Germany. “You do not find these strengths very often in this fast moving business with other VCs. That’s why we are very happy to have him as a Partner on our Board.”
Till brings 20 years of European energy and investment experience to his role, having previously operated in different positions in investment, industry, government-policy and academia in the clean energy sector.
Furthermore, SET Ventures has promoted Leonie Mekel from Director of Finance & Operations to the role of Chief Financial Officer (CFO). Mekel will be responsible for the financial strategy, reporting and compliance as well as overseeing all operations and playing a critical role in shaping SET Ventures’ future growth trajectory.
“I’ve been with SET for more than 6 years now and it’s been impressive to see how our team and our mission has developed over that time span. There’s a lot more to come and I’m greatly looking forward to the future!” says Leonie Mekel.
These promotions come into effect immediately, allowing the pair to assume their new roles and contribute to the firm’s ongoing success. Wouter Jonk, Co-Founder and a Managing Partner of SET Ventures had this to say:
“We are pleased to announce the promotions of Till and Leonie. Their accomplishments and dedication have been invaluable to the mission of SET Ventures over the past few years. Their expertise and leadership will help drive our continued success as we support innovative startups and accelerate the transition to a sustainable energy future!”