New Asia Investments expands Management Board

  • Bernd Dautel appointed as new Director
  • Many years of experience, expertise and network of contacts

Singapore – 10 May 2012 – Bernd Dautel has been appointed to the Management Board of New Asia Investments (formerly Nanostart Asia Pacific) as a new Director alongside Andreas Kröll. Born in Germany and living and working in Singapore for the last 17 years, Mr. Dautel will join New Asia Investments on a full-time basis from the middle of the year.

In his last position as Managing Director of Wieland Metals Singapore, Bernd Dautel established the Asian operations of the Ulm-based company Wieland Werke AG, one of the world’s leading manufacturers of semi-finished copper and copper alloy products, developing them from a start-up into a company with annual revenue in the three-digit million euro range. Bernd Dautel has many years of management experience, broad-based technological expertise and an extensive network of investors and industry contacts.

Commenting on his new role, Bernd Dautel said: “Because of the excellent work that Nanostart has achieved in Singapore to date and the potential I see here, I had no hesitation in agreeing to help shape the company’s further development when the position was offered to me. I look forward to the path that lies ahead of us.” Andreas Kröll added: “I am delighted that we have succeeded in bringing Bernd Dautel on board. His experience, expertise and excellent network of contacts will be of huge benefit in the forthcoming expansion of New Asia Investments.”

About New Asia Investments:
New Asia Investments Pte Ltd was established in Singapore in 2012 with the goal to explore the growth markets of Asia. Via its predecessor companies, it has been active in Singapore since 2008. As venture capital company, New Asia Investments invests in young, up-and-coming technology companies which are approaching market launch or have innovative products already on the market. In Singapore, it invests as parter of Singapore government via a separate side fund. It is led by experienced management and its shareholders include a number of strategic investors based in Asia, which actively support the company’s expansion with their network and experience.

Media contact:
New Asia Investments Pte Ltd
Andreas Kröll
Investment Director
phone: +65 6634 8684
e-mail:  andreas@newasiainvestments.com