Target Partners

FOCUS

STAGES

SeedSeries A

SECTORS

Software & SaaSDeep TechClimate & EnergyFintech

ASSET MIX

Venture capital

GEOGRAPHY

Germany

WHAT IT IS

VC Fund. A fund manager investing capital raised from limited partners into startups.

ABOUT

Target Partners GmbH is a Munich-based early-stage venture capital firm that invests in technology companies, mostly enterprise software and deep tech, describing its team as engineers and scientists with more than 80 combined years in VC. It acts as general partner or managing limited partner of several limited-partnership funds that are internally managed alternative investment funds under the KAGB. Its first listed investment dates from 2001 and its portfolio pages show 11 active and 22 exited companies, including exits such as Adjust, Instana (acquired by IBM), Dedrone and Falcon.io. The most recent new investment shown on its site dates from 2016, with follow-on activity in later years.

INVESTMENT THESIS

Always early stage: radical technologies and scalable business models, mainly from Germany, with a long-term horizon and support through later rounds; 'engineers at heart'.

PORTFOLIO (33)

• NavVisNOTABLE
  Deep Tech · since 2015
• tado°NOTABLE
  Climate & Energy · since 2011
• InstanaNOTABLE
  Software & SaaS · since 2016 · Exited
• DedroneNOTABLE
  Deep Tech · since 2015 · Exited
• AdjustNOTABLE
  Software & SaaS · since 2012 · Exited
• SuitePad
  Software & SaaS · since 2015
• Arango (ArangoDB)
  Software & SaaS · since 2015
• Adsquare
  Media & Entertainment · since 2014
• Abusix
  Software & SaaS · since 2013
• Quobyte
  Software & SaaS · since 2013
• Finanzchef24
  Fintech · since 2012
• THEVA (part of Subra group)
  Deep Tech · since 2012
• Unite (founded as Mercateo)
  Software & SaaS · since 2004
• Locanis
  Industrial & Manufacturing · since 2001
• Senic
  Consumer & E-commerce · since 2016 · Exited
• German Autolabs
  Mobility & Logistics · since 2016 · Exited
• Sicoya
  Deep Tech · since 2015 · Exited
• Swarm64
  Software & SaaS · since 2015 · Exited
• CrossEngage
  Software & SaaS · since 2014 · Exited
• Falcon.io
  Software & SaaS · since 2013 · Exited
• SO1
  Artificial Intelligence · since 2013 · Exited
• Scanbot SDK
  Software & SaaS · since 2012 · Exited
• TIS Treasury Intelligence Solutions
  Fintech · since 2011 · Exited
• JouleX
  Software & SaaS · since 2009 · Exited
• Scoreloop
  Software & SaaS · since 2008 · Exited
• ubitexx
  Software & SaaS · since 2008 · Exited
• 1-2-3.tv
  Media & Entertainment · since 2004 · Exited
• Betty Holding
  Media & Entertainment · since 2004 · Exited
• gate5
  Software & SaaS · since 2004 · Exited
• NaWoTec
  Deep Tech · since 2002 · Exited
• WLAN
  since 2002 · Exited
• Cube Optics
  Deep Tech · since 2002 · Exited
• NXN Software
  Software & SaaS · since 2001 · Exited

TEAM

• Berthold von Freyberg
  Partner; Managing Director · source
• Kurt Müller
  Partner Emeritus; Managing Director · source
• Waldemar Jantz
  Partner Emeritus; Managing Director · source
• Wolfram Drescher
  Venture Partner · source
• Michael Kowalzik
  Venture Partner · source
• Tim Stracke
  Venture Partner · source
• Dominik Tobschall
  Venture Partner · source
• Holger G. Weiss
  Venture Partner · source
• Jan Wolter
  Venture Partner · source
• Sabine Scherer
  Portfolio Talent Manager · source
• Grit Brunssen
  Communications Manager · source

LINKS

• Website
• Official contact page

FAQ