News

Unite reports turnover growth despite recession in Europe

Unite, the procurement service provider for the private and public sectors, closes the financial year 2024 on a high note.

tado° secures 30 million Euro funding from Panasonic

tado°, the vendor agnostic European leader in home energy management solutions, today announced an investment of 30 million Euros by Panasonic Corporation....

Panasonic invests in tado°

Japanese corporation Panasonic invests in tado°(Handelsblatt article in German)

New partnerships and strategic growth at SuitePad

SuitePad sharpens its focus on big hotels and hotel chains and re-structures its teams for faster international growth

SuitePad wins best guest room tablet award for 6th year in a row

SuitePad has once again been named The Best Guest-Room Rablet by Hotel Tech Report in 2025. In addition, SuitePad has been ranked 6th in Hotel Tech Report's...

Unite wins EU-wide tender from the Max Planck Society

In September 2024, the Max Planck Society awarded the B2B platform company Unite the contract to establish and manage a Digital Marketplace.

Munich's SuperLink: How Munich plans to satisfy the energy hunger of the future

"The city's energy peak load might double in the next 20 years" (Süddeutsche Zeitung, article in German)

Adsquare announces the launch of Adsquare Curation

This innovative solution offers advertisers precise audience targeting and access to premium ad inventory through three bespoke Private Marketplaces (PMPs)

Munich's SuperLink: World's first prototype of a high-voltage superconductor in operation

"Can you imagine using this technology to secure the electricity needs for a city like Munich?"

Introducing The ArangoDB NetworkX Persistence Layer

ArangoDB and NVIDIA have collectively addressed NetworkX performance and scalability with a solution that requires zero code changes to NetworkX.

NavVis announces the launch of NavVis MLX

NavVis announces the launch of NavVis MLX, the first professional handheld dynamic scanning system that combines ergonomic design with high data quality.

Abusix Launches Guardian

Abusix Launches Guardian: Cutting-Edge Security Platform for Email and Network Providers

tado° and Panasonic bring increased heat pump efficiency and energy savings

The companies are combining state-of-the-art Panasonic AQUAREA heat pumps with market-leading tado° X smart heating products for room control and energy...

tado° is X-ccelerating the future of home energy management

tado° is today unveiling four major developments as part of its continuing mission to make home energy management more accessible, cheaper and greener...

Unite achieves EcoVadis Gold Rating

Unite has received its first gold rating from EcoVadis, the world’s largest provider of sustainability ratings, in recognition of its sustainability efforts.

SuitePad announces Guest Journey Push

SuitePad's new Guest Journey Push Function enables hotels to provide their guests with the most relevant personalized information.

Scanbot SDK achieves scanning speed breakthrough

Scanbot SDK has announced that after recent improvements, its Barcode Scanner SDK is now capable of scanning up to 26 barcodes per second, taking only...

SuitePad: Five years on top as HotelTechAwards' Best In-Room Tablet

SuitePad has done it again! Five years ago, they won the HotelTechAwards ‘Best In-Room Tablets’ category, and they are still considered to be the best...

SuitePad and Les Roches collaborate to shape the future of hospitality in a digital world

As technology becomes the driving force of the industry's transformation, SuitePad and Les Roches help shape the future of the hospitality industry in...

Unite celebrates 20 years at their site in Köthen - young company has its sights set on billions in sales

Mitteldeutsche Zeitung (article in German): Unite celebrates 20 years at its site in Köthen. Young company has its sights set on billions in sales.

Axon enters definitive agreement to acquire Dedrone

Axon to acquire Dedrone, accelerating the next generation of drone solutions to protect more lives in more places.

TIS signs binding agreement with Marlin Equity Partners to secure a majority growth investment

Marlin Equity Partners has signed a binding agreement to acquire a majority stake in Treasury Intelligence Solutions. The investment puts the company in...

THEVA on TV - Superconductive Energy Innovation in Bavaria (part 2)

In December 2023, our portfolio company THEVA was visited by a filmcrew team surrounding Harald Stocker (“Bavaria One”). The result, a report about superconductive...

THEVA on TV - Superconductive Energy Innovation in Bavaria (part 1)

In December 2023, our portfolio company THEVA was visited by a filmcrew team surrounding Harald Stocker (“Bavaria One”). The result, a report about superconductive...

In-room-tablets without initial investment

SuitePad announces innovative performance model for in-room-tablets that re-defines how hotels finance new technology

MSH Medien System Haus Acquires AI Tech Startup German Autolabs

With the acquisition, MSH is expanding its portfolio across the entire publishing process chain including last-mile logistics. (Announcement in German)

In-Room-Tablets display their strenghts in hotel rooms

In-Room-Tablets have established their place in the hotel industry, serving the customer journey as well as potentially saving costs and generating income.

CEO of Unite on the disappearance of the traditional framework contract

Unite (then Mercateo) introduced its network platform in 2012, which is now proving hugely successful (FAZ article in German).

tado° Announces Additional Secured Funding

tado° announces additional secured funding, bringing latest round to 55m EUR.

SuitePads conquer the hotel industry

Suite Pads replace te traditional guest folder, hotel telephones and the TV remote...

tado° Announces New EUR 43m Funding Round

tado° Attracts EUR 43m in Funding while being on track to scale into Profitability in 2023.

Necessity as the mother of invention: hotel industry better prepared for current crisis

SuitePad Founder Moritz von Petersdorff-Campen views the future of the hospitality sector with optimism...

Dedrone Closes $30 Million Series C-1 Financing

Businesswire: Dedrone, the market leader in smart airspace security, announced it has closed $30 million in an oversubscribed Series C-1 financing round.

ArangoDB appoints new CEO to drive next phase of growth

Shekhar Iyer joins ArangoDB, bringing 20 years experience from Informatica, SAP, SAS, StreamSets, Couchbase, and more to leading graph database.

Unite’s e-procurement platform to provide the public sector with Tail Spend Solution

Crown Commercial Service (CCS) has named Unite as one of only two suppliers on the Tail Spend Solution framework. (C.ebra article in German)

TIS Shares Best Practices and Enables Compliance Capabilities for Customers Impacted by Russian Sanctions

Recent sanctions against Russia's banking and political community necessitate thorough screening of all cross-border financial transactions by international...

SuitePad ranks #1 on Hotel Tech Report’s Guest Room Tablets 2022 List

SuitePad has ranked #1 overall on Hotel Tech Report’s Global Best In-Room Hotel Tablet Solution competition of the 2022 HotelTechAwards.

tado° acquires Austrian company Awattar

With its acquisition of Awattar, tado° intends to be able to offer time-flexible, and thus more affordable, tariffs ("startbase.de" article in...

tado° ventures into first acquisition: customers should now be able to buy cheap electricity

In future, customers will be able to charge their e-cars when electricity is particularly cheap... ("Handelsblatt" article in German)

Drone Defense: How To Detect And Stop Drone-Based Terrorism

Forbes article: John Koetsier on drone defense after speaking with Dedrone CEO Aaditya Devarakonda, following Dedrone's $30.5 million series C financing...

NavVis adds fresh funding to fulfill its mission to digitize commercial buildings and assets.

The funding complements NavVis’s recent debt funding from the European Investment Bank to solidify its technological leadership position, leveraging its...

Theva introduces new high-temperature superconductor (HTS) wire type

After two years of intensive development, THEVA has introduced a new high-temperature superconductor (HTS) wire type of its Pro-Line product group.

Theva celebrates 25th anniversary and closes financing round

Just in time for its birthday, THEVA has successfully closed its fifth financing round with its existing shareholders. The investors are Target Partners,...

ServiceNow to acquire Swarm64 to support the world's largest workflows

With Swarm64, ServiceNow will help customers more effectively and efficiently manage data across many different use cases to execute complex, high-speed...

corrux becomes part of Gropyus AG

An exit for corrux: Laura Tönnies sells her construction startup to prominent figures within the startup szene ("Gründerszene" article in German)

Heat and cool intelligently

Saving energy by using smart technologies - that sounds like a promising idea... ("Süddeutsche Zeitung" article in German)

Amazon-backed Tado raises $46 Million

The Amazon-backed smart home company Tado has raised a further $46m from new and existing investors ("Financial Times" article)

Finanzchef24 closes new financing round

Finanzchef24 specializes in insurances for the SME sector. ("Munich Startup" article in German)

SME InsurTech Finanzchef24 grows number of investors

Munich-based InsurTech Finanzchef24 continues on its growth path and re-defines the SME insurance segment. ("Cash-Online" article in German)

Smart-Thermostat-Startup tado receives millions in new financing round

Munich-based European market leader for intelligent thermostat solutions, tado, is growing rapidly. ("t3n" article in German)

Target Partners portfolio company Instana to be acquired by IBM

IBM today announced a definitive agreement to acquire Instana, an application performance monitoring and observability company.

How a 26-year-old is digitizing the building industry

With her startup corrux, Laura Tönnies is connecting the machinery on building sites ("Das Handelsblatt" article in German)

Swarm64 DA 5.0 Brings Hybrid Transactional/Analytical Processing to the Open Source PostgreSQL Database

Available now, version 5.0 brings greater speed and simplicity to PostgreSQL enabling users to reduce database costs even further and support operational...

Adsquare and Nielsen Strengthen Out-of-Home Media Buying

Nielsen (NYSE: NLSN) announces an integration with Adsquare, enabling European marketers to intelligently target audiences for out-of-home media buying.

Built during crisis - a Target Partners #TechChat - Panel II

This #TechChat by Target Partners took place on May 14, 2020. The second panel discussion asked: (Why) is it a good time to start an enterprise software...

Built during crisis - a Target Partners #TechChat - Panel I

Should I start my enterprise software company in Germany during the crisis? This #TechChat by Target Partners took place on May 14, 2020. The first panel...

NavVis annouces €20 million funding to build out leadership in enterprise digital twin market

European Investment Bank provides Target Partners portfolio company NavVis with €20 million funding as part of the Investment Plan for Europe, cementing...

TIS raises $20m as demand grows for its leading SaaS payment platform

Target Partners portfolio company TIS (Treasury Intelligence Solutions), a leading cloud platform for managing corporate payments and cash flows, today...

Crazy like a fox?

Should I start my tech company during the crisis? In these tough, unprecedented times, some brave souls are thinking about starting up a new tech company...

SuitePad Announces its Latest Round of Funding Led by Riverside Acceleration Capital

SuitePad today announced the successful closing of its latest round of funding, led by Riverside Acceleration Capital.

Instana Augments Real-Time Application Performance Management Solution with Three Acquisitions

Instana today announced that the company has acquired three technologies in the advanced application performance management area to continue to enable...

TechBrunch @ Bochum on December 18th, 2019

Our next TechBrunch will be in Bochum on December 18th, 2019! Michael Münnix and Johannes Landgraf of Target Partners warmly invite tech entrepreneurs...

TechBrunch @ Zurich on November 12th, 2019

Our next TechBrunch will take place on November 12th, in Zurich! Berthold von Freyberg and Johannes Landgraf of Target Partners warmly invite tech entrepreneurs...

Swarm64 raises fresh capital to accelerate growth from FPGA inventor Xilinx

Target Partners portfolio company Swarm64 joins forces with Xilinx to meet growing demand for FPGA-accelerated database management solutions.

corrux receives OSRAM IoT award 2019

Laura Tönnies, Co-Founder and CEO of Munich-based IoT technology company corrux, receives the OSRAM IoT Award 2019 in the category "Young Leader"

Jörg Sperling returns to Target Partners as Venture Partner

VC Target Partners today welcomed Jörg Sperling back to the firm part-time as a Venture Partner after having been in the same role between 2007 and 2009.

Wolfram Drescher joins Target Partners as Venture Partner

Munich Tech-VC Target Partners adds Silicon Saxony Entrepreneur, Wolfram Drescher, to the team

Mobile Industry Leader Adjust Secures One of Europe’s Largest Funding Rounds In 2019, Raising $227 Million

Led by new investors Eurazeo Growth, Morgan Stanley Alternative Investment Partners, Sofina, and existing investor Highland Europe, the company’s round...

TechBrunch @ Tübingen on July 10th, 2019

For our next TechBrunch, we will be in Tübingen on July 10th. Waldemar Jantz and Johannes Landgraf of Target Partners will be joined by Tobias Knecht,...

Munich Startup Interview: No investment without team spirit

In his interview with Helen Duran, Kurt Müller talks about Target Partners' passion for technology, investment focus and partnering with young startups.

TechBrunch @ Leipzig on 5 June 2019

Our next TechBrunch will be in Leipzig on the 5th of June 2019! Berthold von Freyberg and Jakob Herold of Target Partners will be joined by Mercateo Founder...

NS1 Completes Acquisition of Datapath.io's Network Optimization Technologies

NS1, the leader in next generation DNS and traffic management solutions, announced today that it has completed the acquisition of network performance optimization...

ArangoDB secures $10 million Series A investment as global demand for its native multi-model database accelerates

ArangoDB, the leading open source native multi-model database, today announced it has raised $10 million in a Series A financing led by Bow Capital, and...

TechBrunch @ Düsseldorf on 19 March 2019

Target Partners is coming to Düsseldorf on the 19th of March 2019 for a TechBrunch! Michael Münnix and Jakob Herold of Target Partners will be joined by...

German Autolabs Receives € 7 Million to Take Digital Assistant Chris to Market and Further Develop Voice AI platform for Automotive

German Autolabs, the Berlin-based startup behind Chris, the world’s first voice AI enabled digital assistant for in-car usage, today announced additional...

corrux raises $3.1 million seed funding led by Target Partners to bring AI to industrial equipment

corrux, an analytics layer for industrial equipment on job sites, raises $3.1 million of seed financing led by German venture capital firm Target Partners,...

Adjust acquires Unbotify, the pioneers in cybersecurity & AI

San Francisco / Berlin, January 22, 2019 - Adjust, the industry leader in mobile measurement and fraud prevention, today announced that it has entered...

Cision® Acquires Leading Social Media Company Falcon.io

Cision (NYSE: CISN) today announced it has acquired Falcon.io, a leading social media company with offices in New York, Copenhagen, Sofia, Berlin, Melbourne...

NavVis raises $35.5M to accelerate global expansion and meet rising enterprise demand for digital twin technology

NavVis, the leading global provider of indoor spatial intelligence solutions for enterprises, today announced that it has closed a $35.5 million investment...

Adjust announces the acquisition of Acquired.io

Adjust, the industry leader in mobile measurement and fraud prevention, today announced that it has entered into a definitive agreement to acquire the...

TechBrunch @ Munich on 17 Jan 2019

Target Partners is kicking off its TechBrunch Season 2019 in our home town Munich! We @ Target Partners would love to invite you to an informal networking...

tado° raises USD 50m in new financing round

tado°, the leader in intelligent home climate management, attracts USD 50m in international investment from Amazon, E.ON, Total Energy Ventures, Energy...

TechBrunch @ Aachen on 16 Nov 2018

Our next TechBrunch is coming to Aachen on the 16th of November 2018. We @ Target Partners would love to invite you to an informal networking brunch for...

Instana secures $30 million Series C investment led by Meritech to extend automated monitoring

Funding to Fuel New Levels of Automation in APM Solution and Accelerate Global Expansion

Abusix Inc. Announces Growth of Worldwide Business Development Team; New Sales Offices in Canada, Brazil & Argentina

Abusix Inc., a leader in abuse desk orchestration & automation for Service Providers, expands its Global Sales and Support capabilities with the hiring...

TechBrunch is coming to Frankfurt on 12 Jul 2018

Our next TechBrunch is coming to Frankfurt on the 12th of July 2018. We @ Target Partners would love to invite you to an informal networking brunch for...

Berlin-based SENIC GmbH raises 4M USD to build Premium Smart Home Systems that put Design first

Berlin-based hardware and software startup Senic has announced a 4m USD series seed funding from American and German investors including Birchmere Ventures,...

German Tech Startups on the Rise

Record year brings Target Partners’ portfolio market cap over €1 billion Munich, January 30, 2018: German technology venture capital investor Target Partners...

Swarm64 raises USD $12.5m in Series B financing round led by Intel Capital

Swarm64 - an enabler of real-time analytics for high velocity and big data - has raised $12.5 million USD in a Series B round led by Intel Capital and...

Instana secures $20M Series B Funding Round led by Accel

Funding to Fuel Growth of AI-Driven APM Solution and Accelerate Global Expansion San Francisco, CA, US and Solingen, Germany – December 14, 2017 – Instana,...

Target Partners welcomes new Technology Analyst

Johannes Landgraf joins early-stage venture firm's team Munich, November 21, 2017: Johannes Landgraf (linkedin.com/in/johanneslandgraf) has joined Munich-based...

TIS Raises Further $12m As Demand Grows for its Leading SaaS B2B Payment Platform

Investment from 83North will be used to continue rapid global expansion Walldorf, Germany, November 9, 2017: TIS (Treasury Intelligence Solutions GmbH),...

Jan Wolter joins Target Partners as new Venture Partner

Founder and CEO of Applause EU strengthens VC’s Startup Network Munich, July 25, 2017: Munich Venture Capital firm Target Partners (www.targetpartners.de)...

German Superconductor Manufacturer Closes 7 Million Euro Financing Round

Target Partners invests along with new investor EnBW New Ventures and other existing shareholders Munich/Ismaning (Germany), July 5, 2017: – Additional...

ArangoDB Finalizes 4.2 Million Euro Investment Led by Target Partners

Funding to accelerate and strengthen the company’s US-based presence Munich/Cologne (Germany), June 29, 2017: – ArangoDB GmbH (www.arangodb.com), the company...

Mercateo has secured successful growth financing

Quarton International supports growth financing for Europe's leading independent B2B marketplace Mercateo Munich, June 27, 2017 – Quarton International...

High-Calibre Council Appointees for THEVA

Dr. Georg Bednorz, Prof. Dr. Klaus Töpfer and Dr. Lothar Stein as advisors Ismaning, 20 June 2017 – Since 1 June, THEVA management is reinforced by a Senior...

tado° appoints Toon Bouten as Chief Executive Officer

Munich, Germany, June 20, 2017 - tado GmbH announced today that Toon Bouten will succeed Christian Deilmann as Chief Executive Officer, effective July...

Iris Ostermaier is new Venture Partner at Target Partners

Consumer Business Expert strengthens team at Tech Venture Capital Investor Munich, June 20, 2017: Munich-based Venture Capital firm Target Partners (www.targetpartners.de)...

Dominik Tobschall joins Target Partners

Munich (Germany), January 31, 2017: Dominik Tobschall (twitter.com/DominikTo, linkedin.com/in/dominiktobschall) joined venture capital firm Target Partners...