Organization · Corporate Venture Capital
T.Capital
T.Capital is the corporate venture capital arm of Deutsche Telekom, based in Germany. It manages €2.3 billion in assets, focusing on technology investments across Europe, the US, and Israel.
Overview
What T.Capital does
What T.Capital is
T.Capital is the corporate venture capital arm of Deutsche Telekom, based in Germany. It manages €2.3 billion in assets, focusing on technology investments across Europe, the US, and Israel.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Corporate Venture Capital
- Founded
- Founded in 2023
- Approximate age
- About 3 years
- Structured capabilities
- Funder
- Last reviewed
- May 5, 2026
Official channels
Find T.Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
T.Capital as a funder
Investment thesis
T.Capital aims to scale the next generation of technology by pairing strategic capital with Deutsche Telekom's infrastructure, market reach, expertise, and partnerships. The firm focuses on investments that align with Deutsche Telekom's technology ecosystem, particularly in AI, cloud, cybersecurity, connectivity, and consumer technology.
Focus narrative
T.Capital invests in category-defining businesses across various sectors, including AI, cloud, cybersecurity, connectivity, and consumer technology. The organization operates through two distinct strategies: the Ventures strategy focuses on early to growth-stage investments (Series A to C) with ticket sizes ranging from €1 to €15 million, while the Tech Fund targets growth equity and buyout investments with ticket sizes between €50 and €300 million.
Value beyond capital
T.Capital provides portfolio companies with access to Deutsche Telekom's extensive infrastructure, market reach, engineering expertise, pilot opportunities, go-to-market support, and customer base, enhancing their growth potential and strategic positioning.
Terms and economics
- Typical check
- $1,000,000–$300,000,000
- Sweet spot
- $15,000,000
Focus and fit
- Stages
- Series A · Series B · Series C · Growth Equity
- Regions
- EuropeNorth America
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 9
Portfolio context
Notable portfolio companies include: Lovable: An AI-powered software creation platform for building web apps without coding. Black Forest Labs: Developer of AI image models for text-to-image creation. Decagon: AI-native customer support platform replacing traditional chatbots. n8n: Workflow automation platform that connects apps and APIs. ElevenLabs: Voice technology company specializing in text-to-speech and voice cloning. Filigran: Cybersecurity firm providing collaborative intelligence tools. Airalo: Global eSim marketplace. Nscale: Cloud infrastructure platform designed for AI applications.
Common questions
What to know about T.Capital
Upseed classifies T.Capital under the Corporate Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.