T-Venture leads peers toward earlier-stage deals

Deutsche Telekom leads way into earlier dealmaking

Fourteen years after its launch, Deutsche Telekom’s T-Venture corporate venturing unit has started to navigate its teenage years.

T-Venture has invested in at least 10 deals and exited others, including Percello and Pelago, in the past 12 months, according to Global Corporate Venturing’s proprietary research. This is a similar proportion of activity to its dealmaking in 2008 and 2009.

As it has matured, T-Venture has started leading rounds and investing earlier than…