Porsche and Deutsche Telekom join hands for a EUR 500m defense fund

Team S · 2025-08-15T13:33:05.000Z

Porsche Automobil Holding SE and Deutsche Telekom AG are in discussions to serve as anchor investors for a new €500 million venture capital fund focused on European defense technology companies. The fund will be managed by DTCP, an investment firm that was previously part of Deutsche Telekom. This initiative comes amid rising European military spending, especially following Russia’s invasion of Ukraine, which has sparked increased interest in defense investments. Notably, Porsche SE has shifted its investment policy to include companies focused solely on defense, moving beyond its previous focus on dual-use technologies. Both Porsche and Deutsche Telekom have existing investment ties with DTCP and have previously co-invested in defense-related startups such as Quantum Systems, a German drone maker.

Member Login Get Access

Porsche and Deutsche Telekom join hands for a EUR 500m defense fund | Newnex