# Target Global

> Target Global is a VC fund in Berlin backing FinTech and Software. See 225 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Berlin, Germany
- Total investments: 225
- Last investment: Jul 2026
- Lead investor: 40%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/target-global/
- X (Twitter): https://twitter.com/targetglobalvc
- Website: http://www.targetglobal.vc/
- Facebook: https://www.facebook.com/TargetGlobalVC/

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 techcompanies such as Revolut, Auto1, Copper, Delivery Hero, Docplanner, and Rapyd.Founding and GrowthTarget 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 ImpactTarget 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 SuccessesTarget 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 AchievementsWith 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.

## Contacts

5 contacts available for Target Global. Shizune tracks 10 team members at Target Global. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/target-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.7M–$23M |
| Series A | $4.2M–$34M |
| Series B | $11M–$110M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 28 | 12% |
| Software | 26 | 12% |
| Financial Services | 24 | 11% |
| Artificial Intelligence | 21 | 9% |
| E-Commerce | 19 | 8% |

175 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 54 | 24% |
| Seed | 46 | 20% |
| Series B | 38 | 17% |
| Series C | 17 | 8% |
| Funding Round | 14 | 6% |

12 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Germany | 35 | 16% |
| Israel | 20 | 9% |
| United Kingdom | 20 | 9% |
| United States | 18 | 8% |
| Russian Federation | 8 | 4% |

16 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alex Frolov | CEO and General Partner | 17 | https://shizune.co/investors/profile/alexander-frolov-2 |
| Ricardo Schaefer | Partner | 39 | https://shizune.co/investors/profile/ricardo-sch%C3%A4fer |
| Anke Hecht | VP of Finance | 0 | https://shizune.co/investors/profile/anke-hecht |
| Arthur Nafikov | VP Operations | 0 | https://shizune.co/investors/profile/arthur-nafikov |
| Bao-Y Van Cong | Partner | 5 | https://shizune.co/investors/profile/bao-y-van-cong |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Alta | Alta leverages data and AI to drive business growth 24/7. | $25M | Series A | Jul 08, 2026 |  |
| Nimble Way | Nimble Way optimizes data collection pipelines for continuous, stable, accurate public web data capture by using IP infrastructure and external data platforms. They provide data gathering services to company needs. The people contact through phone number, email, and application form. | $47M | Series B | Feb 24, 2026 |  |
| Enter | baupal seeks to democratize sustainable and customized architecture, making design, energy assessments, permitting and cost evaluations more accessible and straightforward for private builders and smaller construction projects. baupal is an online building application service that takes advantage of digital processes and efficient team structuresto streamline design, planning and permitting processes for a range of small-scale projects.baupal was established in December, 2020 in Berlin, Germany. | $23.2M | Series B | Jun 24, 2025 |  |
| McMakler | McMakler is the leading hybrid real estate agent in Germany. The company combines state-of-the-art marketing technology and central processes at its headquarters in Berlin with a local team of almost 400 permanent real estate agents across Germany in all major regions. With a supported brand awareness of 33%, McMakler is today the best-known realestate agent in Germany and is characterised by its far above-average service quality. |  | Venture - Series Unknown | Jun 23, 2025 |  |
| Alta | Alta leverages data and AI to drive business growth 24/7. | $7M | Seed | Mar 04, 2025 |  |
| Perfect | Perfect is a talent finding platform that provides recruiting services. It is a system for spotting and engaging potential candidates. The company's contact mode is at its physical address. | $23M | Seed | Feb 25, 2025 |  |
| Voyantis | Voyantis is a provider of an AI-driven growth platform for customer acquisition and lifecycle optimization. The company allows businesses to acquire, retain, and nurture high-value customers with precision and efficiency. It integrates predictive and prescriptive AI to eliminate the guesswork traditionally involved in assessing a customer’spotential value and delivers the user automated actions on the next steps and execution timing. | $41M | Series B | Feb 11, 2025 |  |
| Tourlane | Tourlane is a booking platform for multi-day tours, offering amazing experiences to over 30 countries worldwide. It creates adventures and authentic travel experiences to fabulous destinations in the world.The company combines the first-hand experience of a travel agency with the simplicity of an online product. Its apps bring travel consultancyto a state-of-the-art level of tech and design and thereby will shape the future of individual and adventure trips. Its product matches travelers with pre-selected travel specialists, making the booking of individual and adventure trips comparable, fast, and easy. | $26.3M | Series D | Nov 14, 2024 |  |
| Essor | Essor focuses on business tasks such as acquisitions, investments, sourcing, and marketing, allowing third-party seller brands from diverse marketplaces to reach global scale growth. Essor’s brand portfolio today includes a broad range of rapidly growing health & wellness and lifestyle brands like Boka, ZitSticka, Puracy, OTOTO Design,FreshCap, Iron Flask, Fullstar, numnum, Key Nutrients, and Viking Revolution that are sold on Amazon, Direct to Consumer channels, and through national retailers like Target, CVS, and Walmart. | $50M | Venture - Series Unknown | Sep 05, 2024 |  |
| Palm | Palm specializes in AI-powered treasury software designed to optimize financial operations for businesses. The platform offers solutions for generating accurate cash forecasts quickly and managing company funds efficiently. Palm's technology streamlines automated workflows for forecasting and cash movement, ensuring enterprise-grade securityand controls. The company focuses on addressing treasury challenges with innovative solutions, supported by a team with expertise in treasury and fintech. Palm's services are aimed at improving financial decision-making and operational efficiency for its clients. | $6.1M | Seed | Sep 03, 2024 |  |

10 of 225 investments shown.

## Co-investors
- [Entrée Capital](https://shizune.co/investors/profile/entree-capital) — VC Fund, 17 deals together
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund, 12 deals together
- [Partech](https://shizune.co/investors/profile/partech) — VC Fund, 11 deals together
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund, 10 deals together
- [Coatue](https://shizune.co/investors/profile/coatue) — VC Fund, 9 deals together
- [Latitude](https://shizune.co/investors/profile/latitude-6c87) — VC Fund, 9 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund
- [HV Capital](https://shizune.co/investors/profile/holtzbrinck-ventures) — VC Fund
- [IBB Ventures](https://shizune.co/investors/profile/ibb) — VC Fund

## Featured in investor lists
- [All Investors in Germany](https://shizune.co/investors/investors-germany)
- [All VC Funds in Germany](https://shizune.co/investors/vc-funds-germany)
- [Transportation Investors in Germany](https://shizune.co/investors/transportation-investors-germany)
- [Transportation VC Funds in Germany](https://shizune.co/investors/transportation-vc-funds-germany)
- [Financial Services VC Funds in Europe](https://shizune.co/investors/financial-services-vc-funds-europe)
- [FinTech Investors in Europe](https://shizune.co/investors/fintech-investors-europe)

## FAQ

### What does Target Global invest in?

Target Global invests primarily in FinTech, Software and Financial Services startups, most often at Series A and Seed stage. Most of the 225 investments tracked by Shizune back companies in Germany. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Target Global's check size?

Target Global typically joins rounds of $2.7M–$23M at Seed, $4.2M–$34M at Series A and $11M–$110M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Target Global participates in.

### How do I contact Target Global?

Public channels for Target Global include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Target Global?

The team at Target Global includes Alex Frolov (CEO and General Partner), Ricardo Schaefer (Partner) and Anke Hecht (VP of Finance), among 10 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co