# Dietrich Ulmer

> Dietrich Ulmer is a startup investor at Smac Partners (Munich). See 0 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Smac Partners](https://shizune.co/investors/profile/smac-partners)
- Location: Munich, Germany
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/dietrich-ulmer-5a0b3a153

Dietrich Ulmer is a startup investor at Smac Partners in Munich. Prior to Siemens, Dietrich was Chief Strategist at O2 Germany, where he served as Director of Strategic Projects - Corporate Strategy. He was responsible for numerous fixed network, Internet and mobile radio (M&A) projects with a volume of triple-digit million US$. In addition, he had project responsibility for acquiring the $US 10 bn UMTSlicense. During his time with O2 the company grew from 500 employees to 5,000.Previous to that, Dietrich managed the 'Business Development' and 'Balance Sheets and Controlling' sectors at debis Telecommunications and Media of debis AG. From 1985 to 1996 he worked for Mercedes Benz AG in Berlin and Stuttgart, where he led strategic projects in the Automobile Sector Department and was responsible for major international projects.Dietrich Ulmer gained his doctorate in sociology at Konstanz University. He holds degrees in mechanical engineering and economics from the Technical University (RWTH) of Aachen.

## About Smac Partners

VC Fund · Unterhaching, Germany

Smac Partners focused on early-stage ICT technologies and services of start-ups. The investment geographies are mainly Europe and Israel, with leverage of a global network.The secondary investments provide highly flexible customised solutions to optimise the value of single assets or entire portfolios of corporate and institutional venturecapital companies.In 2001 they started with Siemens Mobile Acceleration as a corporate venture arm of Siemens Mobile. In 2006 they performed a secondary transaction of the total Siemens fund with the new name Tempo Park Fund 1. smac | partners advises the fund with originally more than 30 ICT early-stage investments in the USA, Asia, Europe and Israel.In 2007 smac partners executed a typical tail-end secondary venture capital transaction by acquiring a portfolio from Vertex Venture Capital, Israel. This fund, smac partners Fund II, comprises nine ICT portfolio companies.In 2008 smac partners closed its third fund in 3 years, smac partners Fund III, and so far has acquired stakes in 10 ICT-companies in Finland, Israel and USA.Their exceptional background and remarkable global network in the ICT industry and relevant communities substantially underpins smac | partners’ passion for “leading entrepreneurs to success”.

3 contacts available at Smac Partners.

| Name | Title | Profile |
| --- | --- | --- |
| Dietrich Ulmer | Managing Partner and Co-Founder | https://shizune.co/investors/profile/dr-dietrich-ulmer |
| Ingo Potthof | Partner and Co-Founder | https://shizune.co/investors/profile/dr-ingo-potthof |
| Oliver Kolbe | Managing Partner and Co-Founder | https://shizune.co/investors/profile/oliver-kolbe |

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