Deutsche Telekom's corporate venturing vehicle has sourced capital from limited partners including SK Telecom and Zeiss for a newly formed VC and growth fund.
DTCP, the investment arm of Germany-based telecommunications firm Deutsche Telekom formerly known as Deutsche Telekom Capital Partners, secured external investors for a $350m fund it announced today.
The corporate launched the first fund in 2014 as a successor to T-Venture, its corporate venture capital arm since 1998, supplying $140m to take the total provided by Deutsche Telekom across various funds to $620m at the time.
South Korea-based telecoms firm SK Telecom and optical systems producer Zeiss are limited partners…
