Target Global
Target Global logo | |
Private | |
ISIN | 🆔 |
Industry | Finance, technology |
Founded 📆 | 2015 |
Founder 👔 | Shmuel Chafets and Yaron Valler |
Area served 🗺️ | |
Members | |
Number of employees | |
🌐 Website | www |
📇 Address | |
📞 telephone | |
About the Company[edit]
Target Global is a European investment firm specializing in technology, with a robust portfolio that showcases its commitment to fostering innovation and growth within the tech sector.
With over €3 billion in assets under management, Target Global has established itself as a key player in the European technology arena. The firm operates out of multiple strategic locations, including London, Berlin, Tel Aviv, and Abu Dhabi, reflecting its global reach and influence.
History[edit]
Founded in 2015 by Shmuel Chafets and Yaron Valler, Target Global arose from a shared vision to support and invest in groundbreaking technology companies.
Both founders brought a wealth of experience from their time at Hasso Plattner Ventures, where they played pivotal roles in nurturing early-stage tech startups and were instrumental in the success of several European tech unicorns. Their journey at Giza Venture Capital further solidified their expertise and passion for the tech investment ecosystem.
Team Culture[edit]
Target Global stands out for its nimble, dynamic team, which includes two female partners.
Drawing on their eclectic backgrounds and sharp perspectives, the team adeptly detects emerging trends and potential unicorns within Europe’s burgeoning tech economy and beyond.
Investment Strategy[edit]
The firm's investment strategy is characterized by a keen focus on companies with the potential to disrupt their respective industries.
Target Global's portfolio includes a wide range of companies, from early-stage startups to mature businesses poised for IPO. The firm is committed to supporting innovative solutions across various sectors.
Investments and Achievements[edit]
Target Global has made a substantial impact on the tech ecosystem, supporting over 140 companies at various stages of development, including Auto1, TravelPerk, Copper, Delivery Hero, Rapyd, Revolut, Docplanner, Flo Health, and Kuda. These companies represent a broad spectrum of the tech industry, from fintech and healthtech to mobility and e-commerce, highlighting Target Global's versatility and expertise in identifying high-potential ventures.
A few other notable investments include:
- 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
- Finom, a digital banking solution for entrepreneurs and self-employed professionals
- Wefox, which was recently named to Fast Company’s “World Changing Ideas” list for its contribution to digital insurance solutions
Target Global has successfully raised six investment funds, demonstrating its ability to attract significant capital and co-investment opportunities. The firm has allocated over €1 billion across more than 55 co-investments, partnering with leading investors to drive growth and success for its portfolio companies.
Other achievements include backing 15 unicorn companies valued at over €1 billion each, alongside 21 successful exits and 7 IPOs. This track record of success is a clear indication of the firm's ability to identify, invest in, and nurture companies with the potential to become leaders in their respective fields.
Target Global is honored to have received the Venture Capital/Growth House of the Year award from Real Deals’ Private Equity Awards.
Future Growth[edit]
In addition to its existing portfolio, Target Global continues to explore new opportunities: recent investments include Robovision, Komment and Magnus Metal. Target Global's approach to investment is characterized by its ongoing commitment to innovation and a strategic vision for the future of technology.
With its impressive portfolio, successful track record, and forward-thinking strategy, Target Global is poised to continue its role as a leading force in the European technology investment space.