
Target Global
Description
Target Global is a prominent pan-European venture capital firm headquartered in Berlin, Germany, known for its extensive investments across the technology sector. Established in 2012, the firm has rapidly grown to become a significant player in the European VC landscape, managing over €3 billion in assets under management. Target Global's investment strategy is notably broad, encompassing all stages of a company's lifecycle, from early-stage Seed rounds through to late-stage Series D+ investments. This flexible approach allows them to support promising startups from their inception and continue to fuel their growth through multiple funding rounds.
The firm's investment focus spans a diverse range of technology verticals, including fintech, mobility, e-commerce, software, and proptech, among others. Target Global is particularly active in key European tech hubs like Germany, the UK, France, and Israel, while also maintaining a global outlook for compelling opportunities. Their portfolio boasts several high-profile companies that have achieved significant scale and market recognition, such as Revolut, Delivery Hero, Auto1 Group, and Cazoo, underscoring their ability to identify and back future market leaders.
Target Global typically deploys initial cheques ranging from approximately $1 million for early-stage ventures up to $50 million for more mature, growth-stage companies. The firm has demonstrated a strong capacity for follow-on investments, often participating in subsequent rounds to provide substantial capital as companies scale. A notable example of their financial firepower is the Target Global Growth Fund II, which closed at €1 billion, enabling them to make substantial commitments to high-growth businesses. Their strategic support extends beyond capital, offering portfolio companies access to a vast network, operational expertise, and guidance to navigate complex market challenges and accelerate their expansion.
Investor Profile
Target Global has backed more than 220 startups, with 8 new investments in the last 12 months alone. The firm has led 93 rounds, about 42% of its total and boasts 24 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in Germany, United Kingdom, United States.
- Strong thematic focus on FinTech, Financial Services, Software.
- Led 2 rounds in the past year.
- Typical check size: $1M – $50M.
Stage Focus
- Seed (25%)
- Series A (22%)
- Series B (19%)
- Series Unknown (9%)
- Series C (9%)
- Pre Seed (6%)
- Series D (4%)
- Series E (2%)
- Secondary Market (1%)
- Convertible Note (1%)
Country Focus
- Germany (28%)
- United Kingdom (15%)
- United States (13%)
- Israel (12%)
- Spain (7%)
- Russian Federation (6%)
- The Netherlands (5%)
- Nigeria (4%)
- Singapore (2%)
- France (2%)
Industry Focus
- Fintech
- Financial Services
- Software
- E-commerce
- Saas
- Health Care
- Internet
- Artificial Intelligence (Ai)
- Information Technology
- Apps
Frequently Asked Questions
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