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Target Partners

Europe, Bayern, Germany, Munich

Description

Target Partners is a prominent early-stage venture capital firm headquartered in Munich, Germany, specializing in investments across the technology sector. The firm is a significant player in the German and broader European startup ecosystem, focusing on innovative companies in areas such as software, IT, internet, mobile, industrial tech, and deep tech, with occasional forays into life sciences. Their investment strategy encompasses seed and early-stage rounds, and they actively participate in subsequent growth funding rounds to support their portfolio companies' expansion.

Known for its hands-on approach, Target Partners extends beyond capital provision, offering strategic guidance, operational support, and leveraging its extensive network to facilitate the scaling of its portfolio companies. The firm typically deploys initial investments ranging from €1 million to €5 million, which translates to approximately $1.08 million to $5.4 million USD, reflecting their commitment to early-stage development. Furthermore, Target Partners demonstrates a long-term commitment by being capable of investing up to €20 million (around $21.6 million USD) per company over multiple funding rounds.

With over €300 million in total capital raised across its various funds, Target Partners has built a robust portfolio of successful ventures. This includes early investments in high-profile companies like FlixBus and Celonis, both of which have achieved substantial global recognition and valuation. Other notable investments include smart home climate control provider Tado and drone detection system developer Dedrone. This proven track record solidifies Target Partners' reputation as a pivotal investor capable of identifying and nurturing promising technology startups with significant growth potential.

Investor Profile

Target Partners has backed more than 109 startups, with 0 new investments in the last 12 months alone. The firm has led 43 rounds, about 39% of its total and boasts 22 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in Germany, United States, Switzerland.
  • Strong thematic focus on Software, Enterprise Software, SaaS.
  • Typical check size: $1.1M – $5.4M.

Stage Focus

  • Series A (34%)
  • Series B (21%)
  • Series C (14%)
  • Seed (13%)
  • Series Unknown (7%)
  • Series D (7%)
  • Series E (4%)

Country Focus

  • Germany (78%)
  • United States (15%)
  • Switzerland (3%)
  • Denmark (3%)
  • Norway (2%)

Industry Focus

  • Software
  • Enterprise Software
  • Saas
  • Information Technology
  • Electronics
  • Clean Energy
  • Big Data
  • Apps
  • Telecommunications
  • Hardware
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Target Partners frequently co-invest with?

Earlybird Venture Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 7
Scottish Equity Partners
Europe, Glasgow City, United Kingdom, Glasgow
Co-Investments: 5
BayBG Venture Capital
Europe, Bayern, Germany, München
Co-Investments: 10
Shortcut Ventures
Europe, Hamburg, Germany, Hamburg
Co-Investments: 4
Zobito
Europe, Skane Lan, Sweden, Limhamn
Co-Investments: 3
Bayern Kapital
Europe, Bayern, Germany, Landshut
Co-Investments: 3
IBB Ventures
Europe, Berlin, Germany, Berlin
Co-Investments: 3
HW Capital
Europe, Bayern, Germany, München
Co-Investments: 4
MIG Capital
Europe, Bayern, Germany, München
Co-Investments: 3
MC
Europe, Bayern, Germany, Muenchen
Co-Investments: 3

Which angels does Target Partners often collaborate with?

HS
Europe, Nordrhein-Westfalen, Germany, Bonn
Shared Deals: 1
JB
Europe, Bayern, Germany, Munich
Shared Deals: 1
BS
Europe, Hamburg, Germany
Shared Deals: 1
MB
Europe, Bayern, Germany, München
Shared Deals: 1
JC
North America, California, United States, San Jose
Shared Deals: 1
MB
Asia, Hong Kong Island, Hong Kong, Hong Kong
Shared Deals: 1
LH
Europe, Hamburg, Germany, Hamburg
Shared Deals: 1
DD
North America, Florida, United States, Naples
Shared Deals: 1
TT
Europe, Hamburg, Germany, Hamburg
Shared Deals: 1
SD
North America, Massachusetts, United States, Cambridge
Shared Deals: 1

What are some of recent deals done by Target Partners?

tado°

Munich, Bayern, Germany

Tado° offers smart thermostats and apps that adjust to the real-time behavior of residents in private homes and small businesses.

Clean EnergySmart BuildingSmart Home
Series UnknownJan 26, 2023
Amount Raised: $46,842,030
Dedrone

San Francisco, California, United States

Dedrone develops drone detection technology to protect organizations from malicious drones by securing the airspace.

Cyber SecurityDrone ManagementNational SecuritySensor
Series CJul 13, 2022
Amount Raised: $30,000,000
Dedrone

San Francisco, California, United States

Dedrone develops drone detection technology to protect organizations from malicious drones by securing the airspace.

Cyber SecurityDrone ManagementNational SecuritySensor
Series CDec 17, 2021
Amount Raised: $30,500,000
NavVis

Munich, Bayern, Germany

NavVis enables service providers and enterprises to capture and share the built environment as photorealistic digital twins.

Indoor PositioningInformation TechnologyLocation Based ServicesNavigationSoftware
Series UnknownDec 7, 2021
Amount Raised: $28,182,510
ArangoDB

San Mateo, California, United States

ArangoDB is an open-source database that offers a flexible data model for documents, graphs, and key values.

Big DataDatabaseEnterprise SoftwareOpen SourceSoftware
Series BOct 6, 2021
Amount Raised: $27,800,000
German Autolabs

Berlin, Berlin, Germany

German Autolabs empowers mobile workers in logistics with voice assistance.

AutomotiveInternet of ThingsLast Mile TransportationLogisticsNavigation
Series AMar 29, 2021
Amount Raised: $1,176,865
CrossEngage

Berlin, Berlin, Germany

CrossEngage is a customer data & engagement platform that combines a CDP with cross-channel campaign management capabilities.

Cloud Data ServicesDatabaseMachine LearningMarketingPredictive AnalyticsSaaSSoftware
Series UnknownSep 24, 2020
Amount Raised: $7,589,025
Treasury Intelligence Solutions

Berlin, Berlin, Germany

Treasury Intelligence Solutions is a cloud-based software for payments, cashflow, liquidity, and financial services.

Big DataBusiness IntelligenceCloud ComputingCloud ManagementCloud SecurityEnterprise SoftwareInformation TechnologyPaymentsSaaSSoftware
Series DMay 26, 2020
Amount Raised: $20,000,000
Suitepad

Berlin, Berlin, Germany

SuitePad is a digital communications channel to the guest during the stay.

Communications InfrastructureDigital MarketingHospitalityHotel
Series UnknownMar 4, 2020
ArangoDB

San Mateo, California, United States

ArangoDB is an open-source database that offers a flexible data model for documents, graphs, and key values.

Big DataDatabaseEnterprise SoftwareOpen SourceSoftware
Series AMar 14, 2019
Amount Raised: $10,000,000