DTCP taps SoftBank as an anchor LP for its next $500-600M fund

Last week, we got a glimpse of how SoftBank is pulling away from some of its more exuberant investing of the past years, when news broke that it had sold its entire stake in edtech startup Kahoot, at a loss. This week, we’re getting a look at what SoftBank is doing to diversify how it deploys capital with a little less direct risk to itself: DTCP says that SoftBank has taken a major stake in its next fund, part of a $300 million tranche that it has raised to double down on growth rounds in Europe.
For background, DTCP is a fund that started as the venture arm of Germany’s telco Deu

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