Target Global

Target Global

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Investment Firm

Overview

Target Global is a prominent European technology investment firm with a significant presence in the venture capital landscape, boasting over €3 billion in assets under management.

The firm operates out of key tech hubs including London, Berlin, Tel Aviv, and Abu Dhabi, and has a rich portfolio featuring some of Europe's most successful tech companies such as Revolut, Auto1, Copper, Delivery Hero, Docplanner, and Rapyd.

Founding and Growth

Target Global was established in 2015 by Shmuel Chafets and Yaron Valler, who brought a wealth of experience from their tenure at Hasso Plattner Ventures. Their professional partnership dates back 15 years to their time at Giza Venture Capital, a trailblazer in Israel's investment ecosystem, where they honed their investment acumen and industry foresight.

Investment Philosophy and Impact

Target Global stands out in the European tech industry for its diverse team and its ability to identify and capitalize on unique opportunities. The firm's knack for recognizing potential in the early stages of Germany's tech economy led to the emergence of several unicorns in the 2010s. As the European tech industry evolves, Target Global remains at the forefront, seeking out innovative companies like Robovision, Saleor, and Finom. These recent investments reflect the firm's commitment to supporting cutting-edge technology and business models.

Fundraising Successes

Target Global's fundraising prowess is evident in its six investment funds, which have collectively raised significant capital. The funds range from Early Stage Funds, focusing on nascent startups, to Growth Funds that support more mature companies scaling their operations. The firm's co-investment strategy has led to over €1 billion in capital deployment across a diverse array of partnerships.

Backing and Achievements

With the backing of investors such as FERI, UBS, Allianz X, Mubadala, and Hermes GPE, Target Global has cemented its reputation as a trusted and successful investment firm. Its portfolio spans over 140 companies at various development stages, with a focus on those targeting trillion-dollar markets.

Just a few of the many notable companies in the firm’s portfolio include:

  • Tarabut, MENA’s leading open banking platform, which was recently featured in Forbes Middle East’s list of Top 50 Fintech Companies.

  • Flo Health, an AI-driven women’s health product, which is the world’s top health and fitness app by downloads.

  • Robovision, an easy-to-use AI-driven computer vision platform for users to develop their own deep-learning-based solutions.

  • Enter, a German company that helps homeowners and businesses reduce their carbon footprint.

Target Global's track record includes support for 15 unicorn companies, over 20 exits, and 7 IPOs, showcasing its ability to drive growth and success in the European tech ecosystem. The team, comprised of individuals with founder and operator backgrounds, continues to pursue exceptional opportunities to expand the firm's portfolio and influence.

Target Global's journey from its inception to its current status as a key player in European venture capital is marked by strategic investments, a commitment to diversity, and a deep understanding of the tech industry's dynamics. With a clear vision for the future, Target Global is poised to continue its role in shaping the next wave of European tech giants.

Highlights

Founded

2015

Industry

Financial Services

Employees

11-50

Investment

212

Lead Investment

91

Exits

24

Stages

Late Stage Venture, Early Stage Venture, Seed, Private Equity

Investor Type

Venture Capital

Location

Europe

Contact Information

Social

Profile Resume

Target Global, established in 2015 and headquartered in Europe., specializes in Late Stage Venture, Early Stage Venture, Seed, Private Equity investments across E-Commerce, Coffee, Internet, Delivery, Food Delivery, Same Day Delivery, Delivery Service, Financial Services, Venture Capital, Finance. The organization boasts a portfolio of 212 investments, with an average round size of $54.5M and 24 successful exits. Their recent investments include MixVille, Delivery Hero, Kreos Capital, Insight Partners, Berlin Venture Partners. The highest investment round they participated in was $1133.2B. Among their most notable exits are MixVille and Delivery Hero. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Anke Hecht

Anke Hecht

VP of Finance

imagePlace Yaron Valler

Yaron Valler

CIO & Founder

imagePlace Shmuel Chafets

Shmuel Chafets

Founder and Partner

imagePlace Mike Lobanov

Mike Lobanov

General Partner

imagePlace Ricardo Schaefer

Ricardo Schaefer

Partner

imagePlace Arthur Nafikov

Arthur Nafikov

VP Operations

Investment portfolio

Target Global has made 212 investments. Their most recent investment was on Apr 18, 2024, when MagnusMetal raised $74.0M.

Target Global has made 5 diversity investments. Their most recent diversity investment was on Sep 13, 2022, when Joonko raised $25.0M.

investments

212

Diversity investments

5

Lead investments

91

Number of exits

24

Investments

212

Annouced DateOrganization NameIndustryMoney Raised
Jan 17, 2024
Finom Finom
Financial Services54.4M
Feb 05, 2024
Saleor Commerce Saleor Commerce
E-Commerce8.0M
Mar 28, 2024
Robovision Robovision
Enterprise Software42.0M
Apr 18, 2024
MagnusMetal MagnusMetal
Manufacturing74.0M

Exits

24

Funding Timeline

Funding rounds

212

Investors

0

Funds

7

Funding Rounds

212

Target Global has raised 212 rounds. Their latest funding was raised on Apr 18, 2024 from a Series B - MagnusMetal round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jan 17, 2024
Series B - Finom Series B - Finom
-54.4M-
Feb 05, 2024
Seed Round - Saleor Commerce Seed Round - Saleor Commerce
-8.0M-
Mar 28, 2024
Series A - Robovision Series A - Robovision
-42.0M-
Apr 18, 2024
Series B - MagnusMetal Series B - MagnusMetal
-74.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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