BayWa Renewable Energy (BayWa RE), Germany-based trading conglomerate BayWa Group’s clean energy subsidiary, has promoted Jelena Markovic to senior associate for its corporate venturing unit.
Markovic joined BayWa RE Energy Ventures as a venture capital analyst shortly after it was formed in mid-2018. Her role involved performing investment assessment, building an investor network and identifying VC opportunities.
Markovic ascended to investment associate in April 2019 and conducted deal structuring, due diligence and public relations initiatives in addition to her initial duties. Global Corporate Venturing named her a Rising Star earlier this year.
BayWa RE Energy Ventures backs early and growth-stage renewable energy technology developers based in Europe and Israel. Markovic told GCV she helped generate deal flow for the fund that resulted in its first three investments: Blixt, Raycatch and Zolar.
Before joining BayWa RE, Markovic had spent nearly four years at IT equipment producer Fujitsu as a fund and alliance manager.
Photo of Jelena Markovic courtesy of BayWa RE Energy Ventures.
