Venture capital  rm Target Global is opening a Berlin of ce to hone in on its European investments,

particularly Germany and Israel, but also North America. The of ce will be led by general partners

Yaron Valler and Shmuel Chafets.

Valler and Chafets joined the  rm last year after leading investments such as Delivery Hero and

iZettle respectively. With the opening of this new of ce, Target Global has already led seed

investments in German startups Clark, Nestpick, and McMakler as well as Israel’s Missbeez. The

company has previously invested in Delivery Hero, GoEuro, Book A Tiger, and Dreamlines and

currently manages more than $300 million in assets.

“With investors of the quality of Yaron and Shmuel running the of ce we are con dent that our

investors will secure opportunities to back the  nest European startups.”

“What Target Global offers to the European venture capital industry is experience and connection

to the most interesting start-up market outside of the Valley, Israel, which boasts a remarkable

concentration of talent and breadth of innovation,” said Chafets.