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Target Partners Chalks Up Most Active Investment Year

€25 Million for Technology Startups in 17 Financing Rounds

Munich, December 22, 2015: In 2015, German technology investor Target Partners (www.targetpartners.de) posted the most active year for investment since the founding of the firm in 1999, putting €25 million to work in 17 financing rounds for tech startups.

New portfolio firms included Dedrone (drone protection, Kassel), Swarm64 (database acceleration, Berlin and Oslo), Sicoya (silicon photonics chips, Berlin) and NavVis (3D indoor mapping and navigation, Munich). Follow-on rounds with new co-investors included Falcon Social (social media management, Copenhagen), tado° (intelligent home climate control, Munich), adjust (mobile app tracking and analytics, Berlin) and So1 (individual price promotions, Berlin).

“2015 was the most active year in our 16-year company history”, said Kurt Müller, Partner and co-founder of Target Partners. “Especially in the early-stage, we are seeing more experienced teams with excellent products and well-thought-out business plans. We anticipate that the entire ecosystem will continue to grow in 2016.”

The Munich-based venture capital firm focuses on investments in young technology companies in Germany, Austria and Switzerland, with typical first-round investments of €1 to €3 million. In 2015, the financing rounds (some together with co-investors) ranged in size from €1.0 to €15.2 million.

Images High-resolution images are available at http://www.sprachperlen.de/target-partners-2015

About Target Partners

With €300 million under management, Target Partners is one of the leading early-stage venture capital firms in Germany. Target Partners invests in new start-up and early-stage companies and supports them with venture capital during their build-out and expansion phases. With many years of experience as managers, entrepreneurs and venture capitalists, the team at Target Partners supports entrepreneurs in developing and marketing products and services, building organizations, raising money and taking companies public in Europe and the United States.

For more details: www.targetpartners.de follow us on Twitter: twitter.com/targetpartners or Facebook: facebook.com/targetpartners.

Press contact Target Partners

Sprachperlen GmbH Agency for enterprise communication Helena Pröpster Ehrengutstraße 5 80469 Munich, Germany Tel.: +49 89 411 53 199 Email: targetpartners@sprachperlen.de

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Years of combined experience in software development and R&D