Press Release: New Member of the Board announcement

FWB welcomes Alfred Dietel as new Member of the Board

We’re pleased to announce that Alfred Dietel has accepted the position of Director for Investor Relations and Strategy at Fun With Balls GmbH.

Alfred Dietel has been an active venture investor focused on high technology companies from Europe and USA since 1998. As a venture investor and angel, he has backed over 30 companies in UK across Europe and USA. With a strong focus on early stage firms, he has also participated in larger successful transactions like Unisphere Solutions (USD1.2bn) as corporate venture buyer. His network as a Partner at Steinbeis Consulting Mergers and Acquisitions GmbH reaches far and beyond Europe. Alfred has extensive C-Level Experience in various firms, latest as CEO/CIO of the Telecom Investment of a Family Office in Bulgaria.

Prior to those positions, Alfred was a Principal and Co-Founder at Pemberton Capital Partners (Private Equity) in London and a Senior New Ventures Executive at Imperial Innovations (Touchstone Innovations, now IP-Group), where he managed Imperial Innovations’ seed and early stage portfolio for various high-tech sectors. Previously, he was with Yorkshire Fund Managers in Manchester and Siemens AG M&A Munich. Additionally, he built up own Startup firms, based in Germany and UK.

Alfred Dietel on his new commitment at Fun With Balls: “Having two kids and being very active myself, I liked the idea behind FWB very much from the start. After initially testing it myself, the real eye opener came when my elder son celebrated his birthday at one of their systems, the kids had just lots of fun and did not want to stop using it! That, plus having met the team and seen the company evolve over the last few months really fast, convinced me to join this exciting journey and take its potential to the next level.

Alfred Dietel hired as Director for Investor Relations and Strategy at Fun With Balls GmbH.

Alfred grew up near Munich, studied in Munich, Chicago and Manchester (Masters in Computer Science and Theoretical Medicine, as well as a Master of Business Administration), worked in Germany, UK, USA and has family connections to Asia. He is passionate not only about high-tech but also in various sports, like skiing, football, biking, golfing and sailing.

Fun With Balls’ CEO, Markos Aristides Kern, welcomes Alfred in the team: “With Alfred we’re very happy to not only have a seasoned entrepreneur with a strong VC track record joining our team, but also an avid sportsperson that supports our mission to get people more active. We met at the German Startup event Bits & Pretzels right after he moved back to Bavaria, and I remember him saying that he’s now focusing on the important things in life – like a healthier lifestyle – which is right up our street. Getting the right people and experience is a very important aspect for the growth of our Startup at this stage to fuel our expansion and prepare ourselves for the coming months and years. Welcome Alfred!