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+ Target Global Growth Fund |
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2020: Start of Global Growth Fund for investment in fintekh-and the software companies
In November, 2020 Target Global announced start of new fund together with FERI Group — Target Global Growth Fund. It is intended for investment into startups with a serious potential of growth which offer digital products and services for large and first of all for global markets.
It is about large platforms, the financial technical-companies and software developers. Target Global Growth Fund will focus on projects early and average growth phases with assessment over 50 million euros.
According to the managing partner of Target Global Yarona Valera, the European technology ecosystem shows impressive growth, and the European startups even more often become world leaders in the industries, but the shortage of the European capital, especially at growth stages is still felt.
As reported in the press release, Target Global Growth Fund offers semi-professional and professional investors investment opportunities in the elected growing companies.
 | The fund opens new opportunities for investment into very attractive sector of the strong developing technology companies, - the CEO of FERI AG Marcel Renne says. — We are very happy with partnership with Target Global. Having integrated our investment know-how with the high level of examination of Target Global, we will be able to develop the growing market of venture investments jointly. |  |
Target Global notes what by November, 2020 to fund more than 15 years invests in digital technologies and the new companies for the whole Europe and Israel. The second fund for investment into projects at an early stage — Early Stage Fund II — was started by Target Global in January, 2020. The new fund of growth will increase assets with which Target Global, to more than works as 1 billion euros. Such large startups as Auto1, Delivery Hero, Rapyd, Travelperk and WeFox enter its portfolio.[1]
Notes
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