Venture capital fund · 3 deals
Every published round Telus took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| QuintessenceLabs | Unnamed stage | 31 Mar 2025 | $20m | Participant | Startup Daily (Tue 4 Nov 2025), SmartCompany, Startup Daily (Mon 31 Mar 2025), Main Sequence Ventures portfolio | |
| AgriWebb | Unnamed stage | 11 Oct 2022 | $10m | Participant | Startup Daily, SmartCompany (Fri 10 May 2024), Techboard, SmartCompany (Tue 11 Oct 2022) | |
| AgriWebb | Series B | 20 Jan 2021 | $30m | Lead | Startup Daily (Fri 10 May 2024), SmartCompany (Fri 10 May 2024), SmartCompany (Tue 11 Oct 2022), TechCrunch Australia, Cut Through Venture, Beef Central / Grain Central, AgFunderNews, RenewEconomy, Startup Daily (Tue 19 Jan 2021), Crunchbase News, Virescent Ventures portfolio, SmartCompany (Tue 19 Jan 2021) |
Companies Telus has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| AgriWebb | 20 Jan 2021, Series B | 2 | 1 | |
| QuintessenceLabs | 31 Mar 2025 | 1 | 0 |
Fund closes reported for Telus, as distinct from the investments it has made.
Companies Telus has backed that another company then bought. An exit for the holding, not a deal Telus did.
Stories naming Telus. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of two Australian raises: a quantum security company's government-led $20m round and a retail analytics startup's US seed round backing its American push.
QuintessenceLabs, a two-decade-old cybersecurity company in Canberra, has raised $20 million with $15 million coming from the National Reconstruction Fund; earlier rounds for Harrison.ai, Vault Cloud and Quantum Brilliance are also recalled.
Sydney EV charging startup Jolt has borrowed C$194m from the Canada Infrastructure Bank to deploy 1,500 kerbside chargers across Canada, having previously raised $100m from BlackRock Real Assets in 2021.
A weekly roundup reporting six Australian startups that raised a combined $19 million, including Quasar, Nexl, MoreGoodDays, DAS and Our Cow, plus Our Cow's earlier acquisition of delivery startup Voly.
Also Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Forbes Australia
Australian agtech firm DAS has raised $3 million with TELUS Ventures investing, supporting expansion into Canada and North America. Existing backers include CSIRO, IAG and Startmate; DAS is a Winter 2020 Startmate alumnus.
AgriWebb has secured a $10 million top-up from CEFC, Grosvenor Food & AgTech and Telus plus new backers iSelect Fund and Germin8 Ventures, ahead of a planned larger Series C round.
Morning roundup covering US pressure over Australia's news bargaining laws, Deliveroo's big raise, Volopay's seed round before its Australian launch, AgriWebb's Series B, plus crypto and Samsung briefs.
Also Australian FinTech
Livestock management software firm AgriWebb raised a $30 million Series B at a valuation above $100 million, led by TELUS's venture arm with $5 million from CEFC, and previously acquired FarmWizard.
Also AgFunderNews·SmartCompany·SmartCompany·Startup Daily·AgFunderNews