# Target Global: portfolio, investments and team > Target Global is a vc firm based in Germany. 110 investments on record, 8 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/target-global (Millionrounds; every figure on the page links to its filing or article) Germany · [Investor](https://millionrounds.com/investors) # Target Global Last cheque observed Sep 2026; 110 cheques on record. Email Deploying now New fund $6.0M, Feb 2023 VC firm Pre-seed Seed Series A E-health Subscription Regtech Follow Target Global and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Ftarget-global) Deploying now **73%** of best year **8** **cheques in 12 months**, 110 on record Since the last cheque **44** days **00** hrs **00** min **00** sec Median round **$20M** Cheque size, as they say **$250K – $50M** Rounds led **5 of 110** Sole investor **21 rounds** Mostly in **Germany, 27%** Pitch Target Global ## Target Global highlights - 01 8 cheques in the last 12 months - 02 Mostly Series A and Series B: 50% of its rounds - 03 Sole investor in 21 rounds, median $6.3M ## What they do > Target Global is passionate about empowering growth by investing in transformational technology. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $250K – $50M as they say - **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO - **Sectors:** E-health Subscription Regtech - **Based in:** London, Germany - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **110 appearances** - **2026** 7 rounds - **Sept** **[Health Force](https://millionrounds.com/company/health-force)** Seed · ES · LUMO Labs **$4.8M** With 4 others - **Jul** **[Badi](https://millionrounds.com/company/badi)** Growth · ES **$5.4M** With 4 others - **Jul** **[Mosa Meat](https://millionrounds.com/company/mosa-meat)** Debt · NL **$1.0M** With 3 others - **Jul** **[Alta](https://millionrounds.com/company/alta)** Series A · US **$25M** With 1 other - **Apr** **[Zego](https://millionrounds.com/company/zego)** Venture · GB **$28M** With 3 others - **Mar** **[Flink SE](https://millionrounds.com/company/flink-se)** Venture · DE · Ventureburn **$100M** With 6 others - **Feb** **[Nimble](https://millionrounds.com/company/nimble)** Series B · US · Ventureburn **$47M** With 8 others - **2025** 10 rounds - **Dec** **[Mosa Meat](https://millionrounds.com/company/mosa-meat)** Venture · NL **$18M** With 3 others - **Oct** **[Rapyd](https://millionrounds.com/company/rapyd)** Series F · GB · Ventureburn **$500M** With 15 others - **Oct** **[Simple](https://millionrounds.com/company/simple)** Series B · US · Firms' own news pages **$35M** With 6 others - **Jul** **[Freename](https://millionrounds.com/company/freename)** Series A · CH · Silicon Canals **$6.5M** With 8 others - **Jun** **[Enter](https://millionrounds.com/company/enter)** Series B **$23M** With 2 others - **Jun** **[McMakler](https://millionrounds.com/company/mcmakler)** Venture · DE **Undisclosed** With 4 others - **Mar** **[AMBOSS](https://millionrounds.com/company/amboss)** Venture · DE **$259M** With 4 others - **Feb** **[Perfect](https://millionrounds.com/company/perfect)** Seed · US · TechStartups **$23M** With 5 others - **Feb** **Voyantis** Series B · IL **$41M** With 3 others - **Jan** **[Flo Health](https://millionrounds.com/company/flo-health)** Series C · GB · Amboy Street **$200M** With 3 others - **2024** 10 rounds - **Nov** **[Tourlane](https://millionrounds.com/company/tourlane)** Series D · DE · TechCrunch **$26M** With 5 others - **Sept** **[Essor](https://millionrounds.com/company/essor)** Venture · FR **Undisclosed** With 5 others - **Sept** **[Palm](https://millionrounds.com/company/palm)** Seed · GB **$6.1M** With 2 others - **Aug** **[luca](https://millionrounds.com/company/luca)** Venture · DE **Undisclosed** Sole investor - **Jun** **[Badi](https://millionrounds.com/company/badi)** Venture · ES **$5.4M** With 4 others - **May** **[Osome](https://millionrounds.com/company/osome)** Series B · SG **$17M** With 4 others - **Apr** **[Magnus Metal](https://millionrounds.com/company/magnus-metal)** Series B **$74M** Sole investor - **Mar** **[Robovision](https://millionrounds.com/company/robovision)** Series A · BE **$42M** With 1 other - **Feb** **[MediQuo](https://millionrounds.com/company/mediquo)** Venture · ES **Undisclosed** With 3 others - **Feb** **[Saleor Commerce](https://millionrounds.com/company/saleor-commerce)** Seed · PL **$8.0M** With 3 others - **2023** 12 rounds - **Nov** **[doctorly](https://millionrounds.com/company/doctorly)** Series A · DE **$7.1M** With 4 others - **Nov** **[Crisp](https://millionrounds.com/company/crisp)** Series C · NL **$38M** With 1 other - **Oct** **[TransactionLink](https://millionrounds.com/company/transactionlink)** Seed · DE **$5.3M** With 1 other - **Sept** **[Komment](https://millionrounds.com/company/komment)** Pre-seed · DE **$1.5M** With 2 others - **Sept** **[Lepaya](https://millionrounds.com/company/lepaya)** Series C · NL **$38M** With 1 other - **Aug** **[Communion](https://millionrounds.com/company/communion)** Pre-seed · GB **$3.2M** Sole investor - **Jun** **[klarx](https://millionrounds.com/company/klarx)** Venture · DE **$13M** Sole investor - **May** **Atly** Series A · IL **$17M** Sole investor - **May** **[Patient 21](https://millionrounds.com/company/patient-21)** Series C · DE **$76M** With 2 others - **May** **[Tarabut](https://millionrounds.com/company/tarabut)** Series A **$32M** With 2 others - **Apr** **Imagindairy** Venture · IL **Undisclosed** With 2 others - **Apr** **[Invopop](https://millionrounds.com/company/invopop)** Seed · ES **$1.7M** With 3 others - **2022** 22 rounds - **Nov** **[Fullpath](https://millionrounds.com/company/fullpath)** Series C · US **$40M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **12 named** AB **Aldo Barnard** Director of Target Global Early Stage III GP Ltd i Filing they signed AF **Alexander Frolov** Shareholder of the general partner of the General Partner. i Filing they signed CS **Clifton Struiken** Director of Target Global Selected Opportunities, Ltd i Form ADV DB **Dror Bar-Ziv** Manager of Blue Sparrow Funds GP LLC, General Partner i Filing they signed ED **Eduardo D'Angelo Pereira Da Silva** Director of the general partner of the General Partner. i Filing they signed JR **Julia Ruthven** Chief Financial Officer of Blue Sparrow Funds GP LLC, General Partner i Filing they signed ML **Mike Lobanov** Director of Target Global Early Stage III GP Ltd i Filing they signed ML **Mikhail Lobanov** Director of the general partner of the General Partner. i Filing they signed PT **Pedro Taranto Monteiro De Barros** Director of Target Global Early Stage III GP Ltd i Filing they signed SC **Shmuel Chafets** Shareholder of the general partner of the General Partner. i Filing they signed TS **Toni Sinclair Pinkerton** Director of the general partner of the General Partner. i Filing they signed YV **Yaron Valler** Sole Limited Partner of Target Global Selected Opportunities, LP i Form ADV We also hold **27** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$966M** gross assets of its funds Oct 2026 **3+** funds on file numbered funds in its name **Exempt** reporting adviser venture or small private funds - **Legal name:** Target Global Selected Opportunities LP - **SEC number:** CRD 311110 Who backs their funds ## 1 LP on record in Target Global's funds - **Funds:** 1 The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list. - [**Rancilio Cube** 1 fund](https://millionrounds.com/fund/rancilio-cube) Fund Vintage Committed Target Global - - ## What they claim to have backed From their own portfolio page (on their website) **60** of 60 we have independently watched raise [3commas](https://millionrounds.com/company/3commas)[Ablefy](https://millionrounds.com/company/ablefy)[Amboss](https://millionrounds.com/company/amboss)[Anonybit](https://millionrounds.com/company/anonybit)[Auto1](https://millionrounds.com/company/auto1)[Badi](https://millionrounds.com/company/badi)[Bird](https://millionrounds.com/company/bird)[Casava](https://millionrounds.com/company/casava)[Cazoo](https://millionrounds.com/company/cazoo)[Choco](https://millionrounds.com/company/choco)[Cobee](https://millionrounds.com/company/cobee)[Cryptofacilities](https://millionrounds.com/company/cryptofacilities)[Cybellum](https://millionrounds.com/company/cybellum)[Decipad](https://millionrounds.com/company/decipad)[Deliveryhero](https://millionrounds.com/company/delivery-hero)[Demodesk](https://millionrounds.com/company/demodesk)[Docplanner](https://millionrounds.com/company/docplanner)[Doctorly](https://millionrounds.com/company/doctorly)[Dreamlines](https://millionrounds.com/company/dreamlines)[Edukoya](https://millionrounds.com/company/edukoya)[Endel](https://millionrounds.com/company/endel)[Ermetic](https://millionrounds.com/company/ermetic)[Fintecture](https://millionrounds.com/company/fintecture)[Forseafoods](https://millionrounds.com/company/forsea-foods)[Fresha](https://millionrounds.com/company/fresha)[Fullpath](https://millionrounds.com/company/fullpath)[Fuseautotech](https://millionrounds.com/company/fuse-autotech)[Fyber](https://millionrounds.com/company/fyber)[Gamestry](https://millionrounds.com/company/gamestry)[Grover](https://millionrounds.com/company/grover)[Healthforce](https://millionrounds.com/company/health-force)[Heavenhr](https://millionrounds.com/company/heavenhr)[Invopop](https://millionrounds.com/company/invopop)[Justhome](https://millionrounds.com/company/justhome)[Klarx](https://millionrounds.com/company/klarx)[Komment](https://millionrounds.com/company/komment)[Lepaya](https://millionrounds.com/company/lepaya)[Lili](https://millionrounds.com/company/lili)[Masterschool](https://millionrounds.com/company/masterschool)[Mcmakler](https://millionrounds.com/company/mcmakler)[Mdgo](https://millionrounds.com/company/mdgo)[Mediquo](https://millionrounds.com/company/mediquo)[Mercuryo](https://millionrounds.com/company/mercuryo)[Minit](https://millionrounds.com/company/minit)[Mono](https://millionrounds.com/company/mono)[Nimbleway](https://millionrounds.com/company/nimble-way)[Omio](https://millionrounds.com/company/omio)[Omnius](https://millionrounds.com/company/omni-us)[Orchestragroup](https://millionrounds.com/company/orchestra-group)[Osome](https://millionrounds.com/company/osome)[Palta](https://millionrounds.com/company/palta)[Patient21](https://millionrounds.com/company/patient-21)[Perk](https://millionrounds.com/company/perk)[Plentific](https://millionrounds.com/company/plentific)[Rapyd](https://millionrounds.com/company/rapyd)[Reverencecare](https://millionrounds.com/company/reverence-care)[Ridge](https://millionrounds.com/company/ridge)[Robovision](https://millionrounds.com/company/robovision)[Routine](https://millionrounds.com/company/routine)[Sennder](https://millionrounds.com/company/sennder) and 52 more Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$6.0M** raised in Feb 2023 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$20M** the round, not its cheque Alone, median **$6.3M** Led 5 of 110 rounds **5%** - **Said size:** $250K – $50M - **Sole investor:** 21 rounds - **Last cheque:** Sept 2026 Rounds by stage said on their site - Series A said *23* - Series B said *21* - Venture *19* - Seed said *15* - Series C *10* - Pre-seed said *-* - Growth said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Partech Ventures](https://millionrounds.com/fund/partech) 6 - [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) 5 - [DN Capital](https://millionrounds.com/fund/dn-capital) 5 - [General Catalyst](https://millionrounds.com/fund/general-catalyst) 5 - [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) 5 - [FJ Labs](https://millionrounds.com/fund/fj-labs) 4 **Pitching Target Global?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Target Global. A count of rooms they were both in, not a relationship either has claimed. [**Partech Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/partech)[**Cherry Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/cherry-ventures)[**DN Capital** VC firm **5** rounds together](https://millionrounds.com/fund/dn-capital)[**General Catalyst** VC firm **5** rounds together](https://millionrounds.com/fund/general-catalyst)[**Global Founders Capital** VC firm **5** rounds together](https://millionrounds.com/fund/global-founders-capital)[**FJ Labs** VC firm **4** rounds together](https://millionrounds.com/fund/fj-labs)[**Goodwater Capital** VC firm **4** rounds together](https://millionrounds.com/fund/goodwater-capital)[**Mangrove Capital Partners** VC firm **4** rounds together](https://millionrounds.com/fund/mangrove-capital-partners)[**Spark Capital** VC firm **4** rounds together](https://millionrounds.com/fund/spark-capital)[**Balderton Capital** VC firm **3** rounds together](https://millionrounds.com/fund/balderton-capital)[**Coatue** VC firm **3** rounds together](https://millionrounds.com/fund/coatue-management)[**Tiger Global Management** VC firm **3** rounds together](https://millionrounds.com/fund/tiger-global-management) ## Recently backed The latest companies Target Global put money into. [**Badi** $5.4M · Jul 2026](https://millionrounds.com/company/badi)[**Mosa Meat** $1.0M · Jul 2026](https://millionrounds.com/company/mosa-meat)[**Alta** $25M · Jul 2026](https://millionrounds.com/company/alta)[**Zego** $28M · Apr 2026](https://millionrounds.com/company/zego)[**Nimble** $47M · Feb 2026](https://millionrounds.com/company/nimble)[**Simple** $35M · Oct 2025](https://millionrounds.com/company/simple) ## On podcasts 2 episodes naming Target Global in the title, and 4 more that mention it. - [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 3 Apr 2025 · 39 min Episode 112: Yaron Valler: Founder & Partner at Target Global - How Immigration Can Save Europe With [Yaron Valler](https://millionrounds.com/person/yaron-valler) Mentions [Target Global](https://millionrounds.com/fund/target-global)[Delivery Hero](https://millionrounds.com/fund/delivery-hero) Apple PodcastsShow page - [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 15 Mar 2023 · 17 min Zooming in on European tech VC and LP trends with Target Global's Pedro Barros Mentions [Target Global](https://millionrounds.com/fund/target-global)[Delivery Hero](https://millionrounds.com/fund/delivery-hero) Apple PodcastsShow page ### Mentioned in - [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 5 Sept 2023 · 24 min Ten years ago VC funds in Sand Hill Road wouldn’t “even fly to Los Angeles” Apple PodcastsShow page - [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 12 Feb 2021 · 29 min Alex Kayyal of Salesforce Ventures, money for Nothing, SPAC news Apple PodcastsShow page - [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 4 Dec 2020 · 32 min Even more money for e-scooters, new VC funds, protein folding, and we talk to Sebastian Peck of InMotion Ventures Apple PodcastsShow page - [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 22 Feb 2016 · 21 min Babbel's milestone, Mondo & Payleven, more new funds, interview with Shak Khan and standardised term sheets Apple PodcastsShow page ## Quick answers about Target Global ### What does Target Global invest in? Target Global invests most often at Series A and Series B (50% of the rounds on record), in sectors such as E-health, Subscription and Regtech. ### How active is Target Global? 110 investments on record, 8 of them in the last 12 months, and it led 5. The most recent was in Sept 2026. ### What has Target Global invested in recently? Its most recent investments on record: Health Force (Seed, Sept 2026), Badi (Growth, Jul 2026) and Mosa Meat (Debt, Jul 2026). ### How big are Target Global's cheques? The median round it joins is $20M. It says it writes cheques of $250K to $50M. ### Does Target Global lead rounds? Sometimes: it led 5 of its 110 investments on record (5%). ### Where does Target Global invest? Most of the companies it backs are in Germany (27%), Spain (14%) and the United States (14%). ### Is Target Global investing now? Yes: it is actively investing, with 8 investments in the last 12 months. ### Who does Target Global invest alongside? Most often Partech Ventures (6 rounds together), Cherry Ventures (5 rounds together) and DN Capital (5 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=target-global) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=target-global)