Our knowledge and years of experience enable us to carefully select investment opportunities with high growth potential.

Our vision is to create value through strategic investments in companies that push the boundaries of technology and innovation.

We are committed to transparency, accountability and stable returns for our investors.

Our Values

We are committed to transparency, accountability and stable returns for our investors.

Meet Our Team

Wittigsberg is backed by a team of experienced finance, investment and IT/ICT professionals. Our knowledge and years of experience enable us to carefully select investment opportunities with high growth potential. Meet our team who will guide you through the world of venture capital investments.

Michal Kutzendörfer

Founder & Managing Partner

Michal is a seasoned entrepreneur and investor with over 30 years of experience in IT and telecommunications. 

As the founder of Apelby Group, a global ICT company, he successfully built a thriving business before expanding his focus to private equity. In 2016, he founded Wittigsberg, a firm dedicated to strategic investments across ICT, equities, commodities, and real estate.

In 2021 and 2022, Michal completed the transition of Apelby Group’s leadership to a new CEO, allowing him to fully dedicate himself to Wittigsberg’s investment portfolio. He holds a Master’s degree in Technology Management and has pursued further studies in Capital Markets and Investment Funds in Prague.

Emil Kovac

Co-Founder & Partner

Emil is a Partner with extensive experience in strategic growth, international expansion, and value creation.

He has been involved with Apelby since its inception as a Board Member, supporting the founder in shaping product and go-to-market strategy, establishing international operations, and driving long-term growth. He later served as Chief Strategy Officer and was appointed CEO in 2021, leading the company through its scaling phase.

Previously, Emil held senior leadership roles at IDT Corporation, where he managed CEE operations with full P&L responsibility and built profitable businesses across multiple European markets. He also brings deep expertise in marketing and commercialization from advisory work with Vodafone and executive roles at POS Media Group. Emil focuses on partnering with management teams to drive sustainable growth and investment returns.

This site is for qualified investors only

Notice and Legal Disclaimer

Legal Status

We operate as a venture capital alternative fund under Czech law, Section 15 of Act No. 240/2013 Coll., on Investment Companies and Investment Funds. Please note that we are not regulated by the Czech National Bank and are not a supervised investment institution under the Capital Market Undertakings Act.

Target Audience

The content on this website is intended only for qualified investors as defined by Czech law, in particular in Section 272 of Act No. 240/2013 Coll., on Investment Companies and Investment Funds. If you do not meet these criteria, we kindly ask you to leave the website.

Risk Warning

Investing is always associated with certain risks, including:

  • the possibility of losing part or all of your investment,

  • fluctuations in the value of investments over time,

  • no guarantee of return on invested capital.

Past performance is not a predictor of future results. Nothing contained herein constitutes tax, legal, insurance or investment advice. We recommend consulting a financial advisor before making any investment decisions.

Disclaimer

All information provided on this website is for informational purposes only. It does not constitute an offer or invitation to invest and is intended only for users who understand the risks associated with venture capital alternative funds.

If you do not agree to these terms, please leave this website.

Thank you, The Wittigsberg Investments Team