Founders and Team

Competence – Commitment – Compassion – Consciousness

The AQAL founders with their team combine more than 95 years of private equity and venture capital experience, 65 years of impact investing and venture philanthropy expertise, and 95 years of entrepreneurship know-how with profound sector knowledge.

Our industry sector knowledge encompasses exponential technology & AI, renewable energy and clean technology, medical devices, and health care.

We are global leaders in addressing today's Grand Global Challenges through the application of the United Nations Sustainable Development Goals (UN SDG) and the United Nations Principles for Responsible Investing (UN PRI) — The Environmental Social and Governance (ESG) criteria in venture investing. As former members of the G8/G20 National Advisory on Impact Investing for Germany, the International Integrated Reporting Council (IIRC), and contributors to the RIO+20 Earth Summit, we continue to be highly active influencers and participants in various initiatives including the Climate Emergency and the New Civilization Initiatives by the Club of Rome, the SEEDS Forum of Stakeholders modeling the transition to a low-carbon energy system, the XYNTEO Exchange, and TONIIC.


Consciousness Leadership in Investing

Co-founder, Member of the Supervisory Board AQAL AG, President AQAL Foundation

Dr. Bozesan has earned an outstanding track record as an Integral Investor by de-risking early stage investments in high-tech and clean-tech using the Theta Model based on the Integral Theory by Ken Wilber. Mariana has been appointed as a full international member of the Club of Rome, is a Fellow in the World Academy of Art and Science, is a National Advisory Board Member for the G8/G20 Social Impact Investment Task Force, and a strategic advisor on integral finance and sustainability to various funds, governmental organizations, social businesses, and NGOs. Moreover, she is a prominent keynote speaker and an inspiring lecturer on the future of investing, business, finance, and economics at prestigious organizations including Stanford University, Oxford University, INSEAD, TEDx, and RIO+20.

Read More +

During her 25+ years of investment and serial entrepreneurship activities, she became the co-founder of two technology start-ups, one health-care portal and two investment companies across two continents. Moreover, she has 30+ years of high-tech executive experience (Oracle and DEC now Hewlett-Packard) based in Silicon Valley, Paris, France and Munich, Germany. She has been a Venture Capitalist turned Integral Investor since 1995 and was one of the initial investors in CyberNet AG, the first publicly traded Internet company in Germany. To her more recent investments belong Entelios AG, the first German Demand Response aggregator recently sold to EnerNOC, and Penumbra, an Acute Ischemic Stroke (AIS) market leader. Mariana was also an early member of The Angels’ Forum in Palo Alto and the Munich Business Angel Network in Munich.

She is an advisor to several governmental organizations including German and Dutch ministries, the All China Women’s Federation, and the U.S. State Department. She was a speaker at and contributor to Rio+20, an advisor to UN ECE, the United Nations Principles of Responsible Investments (UN PRI), and the IIRC. The former Board of Director member of the International Museum of Women in San Francisco, has also been a Philanthropist since 1974 and is supporting more than 38 organizations worldwide. As an Impact Investor and a Venture Philanthropist, Mariana is Advisory Board Member to Ethical Markets, Abury, CxCatalyst, the Sustainability Labs, MetaIntegral, The Halo Impact Fund in Palo Alto, the German Environmental Foundation (Deutsche Umweltstiftung), the Spiritual Alliance to Stop Intimate Violence (SAIV), and the International Foundation for Science and Technology (iFEST).

Through her leading-edge experience in Integral Investing, Dr. Bozesan has become an international authority on integral processes and metrics in early stage investing. She published numerous research papers on Integral Investing and authored three books including The Making of a Consciousness Leader in Business and Diet for a New Life book series. Educated at Stanford University and KIT (Karlsruhe Institute of Technology), Dr. Bozesan has a Masters of Science degree (Diplom-Informatikerin) in Artificial Intelligence (AI) and Computer Science from KIT, and a Ph.D. in Psychology from Sofia University (former ITP), in Palo Alto, California.

Co-founder, Member of the Management Board AQAL AG

Markus Bodenmeier has been an entrepreneur, investor and venture philanthropist for more than 20 years. Descending from a family of entrepreneurs, Mr. Bodenmeier, started his first building and process automation company while still at university. Within a short time, his company became a global outsourcing partner for large customers such as Infineon, Osram, Siemens, BMW, BHS Corrugated, and Otelo.

Read More +

In the mid 1990s, Mr. Bodenmeier established the private client banking division for the Reuschelbank, a German private bank. By the year 2000 he became assistant to the CEO of O2 where he was eventually responsible for the merger to BT and the de-merger of BT Mobile, leading subsequently to the IPO. Together with Oracle and PriceWaterhouse Coopers Mr. Bodenmeier founded EvoSource AG, the first European procurement and supply chain software platform with full process integration. EvoSource was eventually sold to Oracle and a Swiss consulting company.

Markus Bodenmeier focuses on business process outsourcing for industrial companies. One of his significant financial successes was the reverse IPO of HPI AG, a leading European industrial service provider in procurement and logistics. Currently, Mr. Bodenmeier’s holding PSBG is actively invested in several high-tech startups and Eprolog AG, a consulting and procurement company. Mr. Bodenmeier has invested as a Venture Philanthropist in projects such as Treems, a nature conservation, and Voycer, a social community platform.

Mr. Bodenmeier graduated with a Bachelors degree in Electrical Engineering from the Technical University Munich and with a Masters in Business Administration (MBA) degree with specialization in Economics from the University Hagen. He was member of a fellowship program of the Bavarian Eliteakademie (Bayerische Eliteakademie).

Co-founder, Member of the Management Board AQAL AG

Tom Schulz has been an investor for more than 20 years and a serial entrepreneur for more than 40 years. His professional interests are focused on Entrepreneurship, Innovation and Integral Investing in CleanTech and Internet/ Software.

Read More +

Mr. Schulz was co-founder and COO of Entelios AG, Germany’s first nationwide Demand Response Aggregator. Based in Munich and Berlin, Entelios has built a platform for managing thousands of commercial and industrial energy customers in order to provide reserve power, peak-shaving, and enterprise-class Energy Intelligence Software. This way, participants can earn green profits for their flexibility and grid operators can integrate more renewable energy sources. In February 2014, Entelios was sold to and became a 100 percent subsidiary of the worldwide market leader, the U.S. EnerNOC Inc.

Mr. Schulz was also a co-founder of the San Francisco–based CleanTech Circle, a group of serial entrepreneurs and investors with a passion for CleanTech.

In 1995, Mr. Schulz co-founded the first publicly traded, nationwide Internet service provider in Germany, Cybernet AG, where he served on the executive management board. After going public with Cybernet, he became an angel investor with the Munich Business Angel Network. Later he was an active investor with The Angels’ Forum, an investor group in Palo Alto that also manages the Halo Funds.

Prior to becoming an investor, he gathered more than twenty years of technical expertise and business experience. He worked at the Western Research Lab of Digital Equipment Corporation in Palo Alto on computer languages and on artificial intelligence and multimedia projects at Apple Computer in Germany. Later, he became a strategy consultant with The Boston Consulting Group at their Munich and San Francisco offices.

Mr. Schulz earned a Master in Business Administration (MBA) degree from Stanford University and studied Computer Science at the ETH Zurich and Karlsruhe Institute of Technology (KIT, formerly University of Karlsruhe), where he received a Masters of Science degree in Computer Science and Artificial Intelligence (Diplom-Informatiker). He founded the San Francisco Bay Area regional chapter of the KIT Alumni Association.

Late Co-founder, Venture Partner AQAL AG

Jens Pause has 15 years experience as founder and director for innovative service and internet companies. He can look back at 20 years leadership experience in marketing and procurement (Marketing and Sales at Süd-Chemie AG, co-founder adera Germany).

Read More +

As the co-founder of PSBG mbH, co-founder and CEO of eprolog AG plus having 16 years experience in his own self-financed investment company, he is to this day heavily and successfully involved in the investment sector.

Jens is an international expert in marketing, sales, funding and business development serving as member of the management board at eprolog AG, supervisory board at Voycer AG and Managing Director at the JP Finanz-und Verwaltungs GmbH.

Jens has an engineering degree in material sciences from the Friedrich-Alexander University in Erlangen near Nuremberg. He also has earned an engineering degree in economic science (focus on marketing and personal management) at the Technical University in Munich and has attended courses in international marketing at the Stanford Business School.


Committed Competent Investing Team

Chairman of the Supervisory Board AQAL AG

• Partner, Heuking Kühn Lüer Wojtek (since 2010), RP Richter & Partner (2006-2010), Preu Bohlig & Partner (2004-2006), Shearman & Sterling (2001-2004)
• Chairman supervisory board HPI AG, Board Member Blue Colibri and CFO AG

• Corporate and capital market law, M&A, Private Equity, Venture Capital, Energy, Health Care, Pharma & Life Sciences

• Law Studies at University of Freiburg (1993-1999)

• International Bar Association (IBA), Gesellschaftsrechtliche Vereinigung e.V. (VGR, Corporate Law Union), Münchner M&A Forum e.V., Commercial and Corporate Law Specialist Committee Bar Association Munich

Member of the Supervisory Board AQAL AG

• 15+ years of entrepreneurship experience as founder and supervisory board member (Conject AG), Strategy consulting expertise (Oliver Wyman), serving large-scale construction projects in SaaS software industry

• SaaS software, large-scale construction projects, company creation from zero to exit, internet software start-ups

• Educated at HS Karlsruhe: Dipl.-Ing in Business Administration and Engineering; IMEA Besancon/ France: International Management

Director Investor Relations AQAL AG

• 11 years Director and Head of the International Desk at Société Générale Luxembourg with working experience in United States and Asia, 17 years Senior Vice President Banque Privée Edmond de Rothschild Europe, 4 years Senator at European Economic Senate
• 2 years member of the Executive of Board of HPI AG, Munich

• Banking, Asset management, Capital Markets, Wealth planning, consulting Ultra High Net Worth clients

• Educated at University Trier Dipl.-Kaufman in Management and Capital Markets


Venture Partner, Board Advisor AQAL AG

• +16 years in corporate and entrepreneurial leadership positions (Huber Technology, MAN, Riversimple, EQi, RiseBeyond), 11 years of which in China
• +5 years Board Advisory roles to early stage companies (Vayon, NDC), +5 years advisory roles in impact investment offices (bScope, AQAL)

• Exponential Organizations Development, Business strategy and growth, expert on China, expertise in E-Mobility and power engineering

• Ph.D. in Environmental Economics, Master in Business Administration and Mechanical Engineering from the University of Kaiserslautern, Germany

Prizes and Honors:
• Top Outstanding Young Person of Changzhou (常州市十大杰出青年)
• Honorary Citizenship of Changzhou and Wujin

Venture Partner AQAL AG

• 20+ years professional experience in corporations (i.e. Compaq, HP) and SMEs/start-ups (12+ years), of which 6 years entrepreneurial experience, lead several technology & innovation projects for the European Commission
• Holding several board positions (e.g. CeTIM Center for Technology & Innovation Management, Advisor @HTIBI Hi-Tech International Business Incubator, Green Heritage Holding GmbH)

• Organisational development, commercial management, funding and international business development

• Studied Business Economics at LMU Munich and holds a Master Degree in marketing communications from BAW Munich

Executive Assistant to the Management Board AQAL AG

• Career Stations have been in Corporates (BMW Corporate Communications, Siemens Healthcare Consulting, E.ON Controlling) and in African consulting companies (AAE, Togo, Yénoré Consulting, Gabon)
• Co-founder team (French start-up)

• Dealflow screening, project manager, executive assistant

• Finance, Auditing, Controlling and Taxation (B.A.) and Management (M.Sc.) at FAU Erlangen-Nuremberg and Ecole de Management Strasbourg