The Supervisory Board of Deutsche Telekom AG has approved the setup of a specialist team of investment managers in a newly formed company called Deutsche Telekom Capital Partners (DTCP).

Deutsche Telekom plans for DTCP to have a fund volume of EUR 500 million for a 5-year period on top of the existing investments in T-Venture. This doubles the Group’s commitment to investments in ventures and innovation. DTCP will be one of the largest investment funds in Europe.

DTCP will support Deutsche Telekom’s strategy as an external innovation engine through investments in venture capital, with a special focus on Germany’s exciting and growing start-up scene. On top of that, DTCP will also expand its activities to include private equity investments in existing undertakings to foster operational cooperation between over-the-top companies and Deutsche Telekom.

In other words, the company will invest in early-stage upstarts as well as growth capital injections into mature companies.