Deutsche Telekom's venture capital arm, primarily through Deutsche Telekom Capital Partners (DTCP) and T.Capital, focuses on strategic investments in technology, media, and telecommunications sectors, with a recent emphasis on early-stage deep tech startups in areas like AI, quantum computing, cybersecurity, and advanced connectivity. Their strategy involves providing financial and strategic venture capital to companies in Europe, Silicon Valley, and Israel, often through dedicated funds for infrastructure, growth-stage software, and early-stage ventures.
33% of their portfolio is in Hardware & Semiconductors. Their most common stage is series-c (44% of deals). Average disclosed round size is $49.9M (across 8 rounds with reported amounts).
Portfolio
9
Fund Size
$2.3B
Top Stage
Series C
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 ElevenLabs | Series C | $180M | Jan 2025 |
 Marvel Fusion | Series B | $67.8M | Sep 2024 |
 Everphone | Series C | $32M | Sep 2022 |
| Everphone | Series C | $65M | Dec 2021 |
| LLeo AR | Seed | $3M | Apr 2021 |
| Everphone | Series B | — | Jul 2020 |
 Morphisec | Series B | $12M | Feb 2018 |
 Kumu Networks | Series C | $25M | Jan 2016 |
| FFon | Series A | $14M | Jan 2014 |
Top Co-Investors
Last updated: 8 March 2026