Deutsche Telekom Capital Partners

Hamburg, Germany · VC · Generalist

About

Deutsche Telekom Capital Partners, now operating as T.Capital, is the strategic investment arm of Deutsche Telekom, with around €2.3B under management. The firm runs Ventures and Tech Fund strategies from offices including Hamburg, with growth and scale-up activity across Europe and beyond. Sectors span AI, cybersecurity, infrastructure and connectivity. Industrial-relevant holdings include Quantum Systems in aerial surveillance, NSCALE in AI cloud infrastructure, Filigran in cyber threat intelligence and Black Forest Labs in foundation image models.

Industries

Stage focus

Series ASeries B+

Geography

Europe

Notable investments

  • Quantum Systems
  • Arctic Wolf
  • Cognigy.AI

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