Gisbert Rühl has invested in 15 funds

The ex-Klöckner boss also has direct stakes in 15 start-ups and has taken a SPAC public.

In May of this year, Gisbert Rühl said goodbye to Klöckner & Co. He had already been managing director of the Duisburg-based steel group since 2009. Since then, he has been active as a business angel in the start-up cosmos. "After leaving Klöckner, I definitely wanted to be active as an entrepreneur. Simply being a member of a supervisory board would not have been enough for me," said Rühl to the Rheinische Post.

With his venture capital company Chepstow Capital, he has already invested in 15 funds, the 62-year-old revealed to the Rheinische Post. He supports another 15 start-ups with direct investments. His focus is particularly on start-ups in the B2B sector, as he writes on Linkedin. For example, he has invested in Sparetech, a platform for spare parts management. He is also a member of the board of trustees of the Start-up Association.

In October, Gisbert Rühl, together with Josef Brunner and Florian Fritsch, went public with SPAC GFJ ESG Acquisition on the Frankfurt Stock Exchange(we reported). The company is named after the first names of the investors and its purpose: to take a sustainable start-up public. It is not yet known which start-up is to be acquired.