Munich, July 3rd, 2019: Target Partners announced its newest team member, Wolfram Drescher, who joins as Venture Partner. The successful founder and CEO has over 20 years of experience in establishing and managing deep-tech companies in Silicon Saxony.
“Since my very first start-up experience, I’ve enjoyed partnering with ambitious entrepreneurs who are willing to disrupt industries with radically new technologies that impact our daily lives. I’m excited about the prospect of supporting and enabling founders to realize their visions,” said Wolfram Drescher, Venture Partner at Target Partners.
Drescher co-founded and led Dresden-based Airrays and previously co-founded Systemonic which was acquired by Philips, as well as Blue Wonder Communications which was acquired by Infineon and later by Intel. Drescher was also CEO and adviser of start-up Silectra, developer of a “cold split” technology for SiC wafers. The company was acquired by Infineon in 2018.
“Wolfram is a pioneer in the areas of wireless networks and semiconductor technologies in Germany. Our network will benefit enormously from his entrepreneurial and technical expertise in mobile network infrastructure, semiconductor design and semiconductor manufacturing. We’re delighted to welcome Wolfram as Venture Partner,” said Berthold von Freyberg, Partner at Target Partners.
Drescher holds a Doctorate Degree and a Diploma in Electrical Engineering from Technische Universität Dresden.
With €300 million under management, Target Partners is one of the leading early-stage venture capital firms in Germany. Target Partners invests in seed and early-stage technology companies and supports them with venture capital during their build-out and expansion phases. With many years of experience as managers, entrepreneurs and venture capital investors, 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: targetpartners.de and twitter.com/targetpartners.
Sprachperlen GmbH Agency for enterprise communication Helena Pröpster Email: targetpartners@sprachperlen.de