Berlin investment firm enters key European tech base with new London office
Investment firm Target Global has launched its first UK office in a bid to reach new industries and connect tech hubs across Europe.
Founded in 2012, Berlin-based Target Global currently has €700m under management across Europe, specialising in venture capital across sectors such as SaaS, marketplaces, fintech, insurtech, and mobility.
Target Global’s new London office aims to allow the firm to tap into the UK’s engineering, deep tech and fintech industries, with general partner Yaron Valler leading the expansion.
Yaron explained: “Opening our London office is our latest step in building on the true diversity of talent and technologies across Europe.
“Our strong presence within different startup hubs in Europe has proved invaluable to our entrepreneurs, providing them with insights, financing and exit opportunities across multiple markets, without facing restrictions. No doubt, these links to the broader European ecosystem will be just as beneficial to British founders.”
As well as working with UK businesses, the firm intends to continue to back European innovations with a vision of ‘fostering growth and innovation in the European ecosystem’.
Alex Frolov, general partner at Target Global, added: “Target Global has identified the core strengths of each tech hub across Europe and we’re working to connect entrepreneurs with capital across those regions and beyond.
“Our core philosophy is that, by having bases in every tech hub, we can provide support in any region, offering our entrepreneurs a clear route to growth throughout our global network.”
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