The Munich venture capitalist Target Partners The market value of its portfolio exceeds the billion-euro mark. Last year alone, Target startups raised more than 110 million euros in fresh capital in 25 financing rounds.
The value of Target Partners' investment portfolio grew by EUR 450 million in 2017, exceeding one billion euros for the first time. Berthold von Freyberg, Partner and Co-Founder of Target Partners, says:
"Traditionally, traditional e-commerce startups have received a lot of attention in Germany. But it's the innovative technology startups that are shaping the future of the economy. Tech startups and tech venture capital are on the rise in Germany."
“German startups are receiving increasing interest from abroad”
The Munich-based venture capital investor focuses on German tech startups. Target Partners supports young companies in their global expansion and in follow-on financing with international investors. Last year, global VCs Accel, Menlo Ventures, and Intel Capital, among others, invested in startups from the Target portfolio.
"German startups are receiving increasing interest from foreign venture capital investors during their growth phase. The question is not whether Germany can become a major high-tech center, but rather whether it will become the first port of call for startups throughout Europe."
says von Freyberg.
