Published in Target Global VC·May 20Why we are backing Masterschool — the edtech fostering career mobility for allBy: Bao-Y Van Cong & Felix Lienau The Great Resignation is not going anywhere It’s safe to say we’ve entered uncharted territory. Last year alone, more than 47 million Americans quit their jobs. This was followed by a huge upsurge in workers, especially those previously in low-wage service roles, reskilling…Edtech4 min read
Published in Target Global VC·May 5Welcome Georgie!Our newest investor in Target’s early-stage team is truly passionate about making healthcare work better for everyone. Georgie joins us following more than a decade as an operator across health-tech and deep-tech start-ups and consumer brand building. We sat down with her to learn why she’s excited to be Target’s…5 min read
Published in Target Global VC·Apr 12Target Global expands to Asia with first hireWelcome, Cynthia! Our first ever recruit in Asia joins us after a whirlwind career that has included founding a startup in New York that put her on the Forbes 30 Under 30 list, human rights advocacy at the United Nations in Geneva, and helming Straits Clan Singapore, a private members club of…Newjoiner4 min read
Published in Target Global VC·Dec 16, 2021Why we invested into LepayaBy Bao-Y Van Cong and Dominic Aits As humans, we are constantly learning from the moment we are born. Throughout early life, our learning is heavily structured (i.e. kindergarten, K12, further education) with traditional education very much focused on hard skills (& often outdated ones!). The reality is however, that…Edtech3 min read
Published in Target Global VC·Aug 26, 2021Enabling the rapidly growing number of entrepreneurs and creators in the passion economyBy Bao-Y Van Cong and Dominic Aits The traditional work-and-life model of the 9-to-5 is on the decline. Over 41% of workers globally are thinking about handing in their notice and in the UK alone, 87% of graduates see freelancing as an attractive lucrative lifestyle & work choice. If anything…Venture Capital5 min read
Published in Target Global VC·Aug 3, 2021Why we invested in Rapyd back in 2018 and doubled down on it todayBy Mike Lobanov The COVID-19 crisis made a huge impact on global payments and significantly accelerated the pace of change in the $95tn payment industry [link]. In light of this, investors’ interest in startups offering innovative solutions in this area has grown considerably which led to huge investment rounds raised…Fintech8 min read
Published in Target Global VC·Jul 14, 2021Protecting Lives. Rewarding Living — Leading YuLife’s $70m Series B Funding RoundBy Ben Kaminski & Florian Unger Big news! We are very happy to announce that Target Global has led the $70m Series B in YuLife supported by new investors Eurazeo and Latitude as well as existing investors Creandum, Notion Capital, Anthemis, MMC Ventures, and OurCrowd. Congratulations to Sammy, Sam, and…Life Insurance5 min read
Published in Target Global VC·Jun 1, 2021Insurance, But Simple — Leading wefox’s $650m Series C Funding RoundBy Yaron Valler & Florian Unger We are very happy to announce that Target Global has led the $650m Series C in our portfolio company wefox, bringing the total valuation to $3bn! Congratulations to Julian, Fabian, Dario and the whole wefox team! This round not only represents the largest Series…Insurtech6 min read
Published in Target Global VC·May 28, 2021Why we invested in Sharegain — revealing one of the best kept Wall Street secretsBy Mike Lobanov (General Partner and COO at Target Global) What is securities lending? There is a $2.5trn industry that remains one of the best-kept secrets of capital markets. It’s not widely known that every single person who owns stocks, bonds or ETFs has the right to lend out their…Securities Lending14 min read
Published in Target Global VC·Mar 2, 2021Unbundling the supermarket for the time-and-quality conscious consumer: why we invested in CrispBy Bao-Y Van Cong and Dominic Aits Over the last decade, our relationship with food has moved from a necessity to a lifestyle As consumers are adapting to a different and new reality with much more time spent living, working and eating at home, cooking at home has become one…5 min read