What stage does Target Partners invest at?

Target Partners invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.

What is Target Partners's typical check size?

Target Partners typically writes checks of $1.1M – $3.2M.

Where is Target Partners located?

Target Partners is headquartered in Munich, DE.

Target Partners

Venture capital

Munich · Seed–Late Stage · 10 people tracked

Also known as TARGET PARTNERS GMBH

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Investment thesis

Target Partners is a venture capital firm that invests in entrepreneurs across various stages and geographies. The firm emphasizes operational support and industry connections alongside capital deployment.

Invests inCleantech Data & Infrastructure Energy Enterprise Software Fintech Hardware Medical Devices New Materials SaaS SemiconductorsAustriaEuropeGermanyMunichSwitzerland

Source: firm website, verified Jul 28, 2026.

Stage

Seed–Late Stage

Check

$1.1M – $3.2M

Munich, DE

Instruments

Equity

Founded

1999

AUM

$324M

Tracked investments

Team · 10 people

from public directories

Berthold von Freyberg· Partner· Munich, Germanyin 𝕏

Berthold von Freyberg is a partner and co-owner at Target Partners GmbH, a venture capital firm based in Munich, Germany. He focuses on seed and early-stage investments in German-speaking countries.

b•••@targetpartners.dereveal

Kurt Müller· Partner Emeritus

k•••@targetpartners.dereveal

Waldemar Jantz· Partner Emeritus

w•••@targetpartners.dereveal

Kurt Mueller· Partner· Munich, Germanyin

Kurt Mueller is a partner at Target Partners GmbH with over 35 years of business experience. He invests in early-stage, innovative companies with significant growth potential, primarily in Germany. His background spans IPOs, M&A, team-building, strategy development, sales, marketing, and finance.

Dominik Tobschall· Venture Partner

d•••@targetpartners.dereveal

Holger Weiss· Venture Partner· Berlin, Germanyin 𝕏

Holger Weiss has over 20 years of experience managing technology-driven companies focused on consumer services. His career includes early involvement with gate5, a mobile navigation company acquired by Nokia in 2006 that became the foundation for HERE Maps, as well as roles as investor and CEO of Aupeo, a content platform for automotive that was acquired by Panasonic in 2013. He founded German Autolabs in 2016, a voice assistance company for automotive and logistics that was acquired by MSH GmbH & Co KG in 2023, and currently serves as a board member at bbw Hochschule while working as a business angel and startup mentor.

h•••@targetpartners.dereveal

Jan Wolter· Venture Partner

j•••@targetpartners.dereveal

Wolfram Drescher· Venture Partner· Germanyin 𝕏

Wolfram Drescher is founder and managing director of Esumedics GmbH. He has experience establishing and scaling deep-tech companies, with technical expertise spanning wireless networks, digital signal processing, semiconductor design, and semiconductor manufacturing. His career in the sector began with a wireless startup in 1999, and he currently works as an angel investor in technology ventures.

w•••@targetpartners.dereveal

Michael Kowalzik· Venture Partner· Munich, Germanyin 𝕏

Michael Kowalzik is a Managing Shareholder at Brera Serviced Apartments with background in general management, operations, and strategic planning. His experience spans large project management, venture capital investments, IT management at enterprise scale, and oversight of operational functions including sales, marketing, and customer service. He has also worked on M&A activities and company exit preparation.

Sabine Scherer· Investor· Munich, Germanyin

Sabine Scherer operates an HR consulting practice serving venture capital and private equity firms and their portfolio companies across Europe. Her advisory work spans executive search, founder team coaching, and hiring and team development guidance. She works with investors and growth companies on human capital and recruitment matters.

What they invest in

from 3 of 3 portfolio companies

AI & Machine Learning ×2IoT ×2Cloud Computing ×1Consumer ×1Defense Tech ×1Enterprise Software ×1Fintech ×1Hardware ×1

HQs:Germany×1

Investments · 3 tracked

founders shown can be your intro path

Dedronededrone.comin 𝕏

Dedrone provides an AI/ML-powered airspace security platform that detects, tracks, identifies, and mitigates unauthorized drone threats while enabling authorized drone operations.

AI & Machine LearningDefense TechIoT

Ingo Seebach(Executive Officer)Joerg Lamprecht(Executive Officer, Director)William Hite(Executive Officer)

Senicsenic.comin 𝕏

Senic produces smart home control devices compatible with Philips Hue and HomeKit, including wireless outdoor switches for home automation.

ConsumerHardwareIoTBerlin, DE

Treasury Intelligence Solutionstispayments.comin

TIS provides cloud-native financial software solutions with a commitment to environmental responsibility, diversity, and ethical governance.

AI & Machine LearningCloud ComputingEnterprise SoftwareFintechSaaS

Jörg Wiemer(Co-Founder & Lead Advisor)inZlatko Vucetic(CEO)in

Frequently asked questions

What stage does Target Partners invest at?: Target Partners invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Target Partners's typical check size?: Target Partners typically writes checks of $1.1M – $3.2M.
What sectors does Target Partners focus on?: Target Partners focuses on Cleantech, Data & Infrastructure, Energy, Enterprise Software, Fintech, Hardware, Medical Devices, New Materials, SaaS, Semiconductors.
Where is Target Partners located?: Target Partners is headquartered in Munich, DE.

Co-investors · 18

83North

83North is a global venture capital firm that invests in and helps entrepreneurs build large, category-leading companies across Europe, Israel, and the US.

Both backed · 1

Treasury Intelligence Solutions

$100K – $10M

Accel

Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.

$1.6M – $70M

Accel-KKR

Accel-KKR is an investor in enterprise software companies that has operated for 25 years, providing resources and expertise to help companies advance.

Energy Impact Partners

Energy Impact Partners is an investment firm that connects entrepreneurs with major corporates to help transform the global economy toward a more sustainable future.

$5M – $20M

Earlybird Venture Capital

Earlybird Venture Capital is a European venture capital firm that backs early-stage technology founders with capital, strategic support, and access to an international network.

$540K – $13M

LocalGlobe

LocalGlobe is part of a multi-generational Phoenix Court platform that backs companies from pre-seed through public markets, founded by the Klein family who are considered founders of European seed investing with multi-decade relationships across the European tech ecosystem. The fund operates from a physical founder village at Phoenix Court in London and focuses on backing unconventional entrepreneurs in specific geographic neighbourhoods, having been among the earliest institutional backers of European outliers like Wise, Zoopla, and Citymapper.

Dig Ventures Management Limited

Dig Ventures is a European venture capital firm that invests in early-stage B2B software founders, focusing on pre-seed and seed stage companies.

Octopus Ventures

Octopus Ventures is a founder-focused European venture capital firm that backs mission-driven startups across seven core sectors, investing from idea stage through growth with a focus on pre-seed to Series A.

$130K – $1.3M

Possible Ventures

Possible Ventures is an early-stage technology investor backing founders working on major global challenges, with a focus on using technology as a force for good.

$100K – $5M

IrishAngels

IrishAngels is a Notre Dame alumni-affiliated angel investing network that backs early-stage founders at pre-seed and seed, providing capital plus access to a 200+ member investor network of operators and entrepreneurs.

$250K – $350K

Visionaries Club

Visionaries Club is a European venture capital firm backing early-stage B2B and AI-driven technology companies, connecting top founders with a network of leading tech operators and industrial family entrepreneurs who serve as LPs, mentors and customers.

$900K

Cyfrin

Cyfrin is a blockchain security firm that provides smart contract audits, incident response, formal verification, and penetration testing services to secure on-chain finance protocols and institutions.

▶6 more co-investors

Capnamic Iris Capital eCAPITAL ENTREPRENEURIAL PARTNERS Join Capital Cipio Partners Northcap

Firms observed investing alongside Target Partners, from public investor directories. Shared companies are the overlap with Target Partners's recorded portfolio.

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