- Defence fund I
- EUR 455M
DTCP is a Hamburg-based investment firm that started as Deutsche Telekom's venture arm and now runs growth, infrastructure, and defence strategies. In September 2026 it closed its first defence fund at EUR 455 million, backed by Deutsche Telekom, Porsche SE, Denmark's EIFO, Danica, and Estonia's SmartCap. The fund writes Series B and later cheques in autonomy, cyber defence, secure communications, and space, and DTCP plans a Copenhagen office in 2027.