The $395m Deutsche Telekom Strategic Investments unit will take over the activity of the company's T-Venture and Telekom Innovation Pool subsidiaries.
Germany-based telecommunication company Deutsche Telekom launched a new investment unit called Deutsche Telekom Strategic Investments (DTSI) yesterday in order to streamline its corporate venturing investments.
DTSI will incorporate Deutsche Telekom’s existing corporate venturing units, T-Venture, and Telekom Innovation Pool (TiP), and will invest in the technology, media and telecoms space. It will have a total of €360m ($395m) of capital under management.
Deutsche Telekom has not however disclosed how DTSI’s formation will affect Deutsche Telekom Capital Partners, the €500m unit…