T-Venture was the corporate venture capital arm of Deutsche Telekom AG, founded in 1997 and headquartered in Bonn, Germany. It invested off the parent company's balance sheet with a dual financial-and-strategic return mandate across technology sectors including enterprise software, AI, cybersecurity, and mobility. The unit was wound down in the 2010s and its mandate evolved into Deutsche Telekom Capital Partners (DTCP), later rebranded as T.Capital.
Deal activity increased 150% year-over-year (5 deals in the last 12 months). Average disclosed round size is $89.7M (across 21 rounds with reported amounts).
Portfolio
24
Fund Size
$2.5B
Top Stage
Series C
Last 12 Mo
5
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
28 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Decagon | Series D | — | Jan 2026 |
 Lovable | Series C | $330M | Dec 2025 |
 Black Forest Labs | Series B | $300M | Dec 2025 |
 N8n | Series C | — | Oct 2025 |
 Filigran | Series C | — | Oct 2025 |
 Nscale | Series B | — | Sep 2025 |
 Elevenlabs Inc | Series C | $250M | Jan 2025 |
 Marvel Fusion GmbH | Series B | $67.8M | Sep 2024 |
 Everphone | Series C | — | Sep 2022 |
 GoStudent | Series D | $340M | Jan 2022 |
| Everphone | Series C | $65M | Dec 2021 |
 Leo AR | Seed | $3M | Apr 2021 |
| Everphone | Series B | $40M | Jul 2020 |
 Morphisec | Series B | $12M | Feb 2018 |
| RRoambee Corporation | Seed | $3.1M | Jan 2017 |
| KKumu Networks | Series C | $25M | Jan 2016 |
 Moviepilot | Series B | $16M | Sep 2015 |
 ZenMate | Series A | $3.2M | Oct 2014 |
| FFon | Unknown | $14M | Jan 2014 |
| MMytaxi | Series C | — | Jan 2014 |
| ZenMate | Series A | $3.2M | Jan 2014 |
 Affirmed Networks | Series C | $51M | Jun 2013 |
 Smarkets | Series A | — | Jan 2013 |
| Lovable | Series B | $330M | — |
 Innovid | Unknown | $10M | — |
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Top Co-Investors
Deutsche Telekom5 shared
NVentures5 shared
Accel5 shared
Salesforce Ventures4 shared
Evantic4 shared
Earlybird Venture Capital4 shared
HubSpot Ventures3 shared
Sequoia Capital3 shared
Creandum3 shared
Khosla Ventures3 shared
Signals Venture Capital3 shared
Lightspeed Venture Partners2 shared
BroadLight Capital2 shared
New Enterprise Associates2 shared
General Catalyst2 shared
SV Angel2 shared
Bain Capital Ventures2 shared
Visionaries2 shared
Notion Capital2 shared
HV Capital2 shared
Last updated: 20 October 2026