TELUS Ventures

company

About

TELUS Ventures is the venture capital arm of TELUS, a North American telecommunications company.

  • 10001 - max

Details

Industries
AgTech,Artificial Intelligence,Consumer,FinTech,Health Care,Internet of Things,Quantum Computing,SaaS,Security,Venture Capital
Founded date
Jan 1, 2001
Number Of Employee
10001 - max
Operating Status
Active
Investor Type
CVC

TELUS Ventures is the strategic investment arm of TELUS Corporation and one of Canada’s most active and longest-standing corporate venture capital (CVC) funds.

Since 2001, TELUS Ventures has invested in and advised more than 85 companies that address some of the biggest opportunities and challenges in digital health, IoT, AgTech, digital security and connected consumer sectors.

TELUS Ventures is on a mission to seamlessly connect millions of people, companies and communities by strategically investing in the most advanced and innovative solutions that deliver value to our business and customers, fuel economic growth and deliver a positive social impact.

We are stage agnostic in our approach, and write cheques anywhere from $500,000 to $15M; We focus on horizon 2 / horizon 3 investment opportunities in early stage companies that are synergistic to TELUS and allow us to expand into new markets beyond the traditional telecommunications sector.

We work with best-in-class partners to source, nurture and scale innovation. Our established partner network includes leading incubator, accelerator and global co-investment partners as well as a global consortium of telecom companies with CVC arms.

TELUS Ventures is actively involved in portfolio companies, working directly with management. Our team members regularly act as board members and board observers, lending leadership and experience to guide their growth and success. We provide access to TELUS’ technologies and broadband networks and opportunities to promote our portfolio companies’ solutions across our ecosystem.

Investments

Number of Investments
Number of Lead Investments
8
3
TELUS Ventures has made 8 investments. Their most recent investment was on Oct 18, 2022, when Swift Navigation raised $100M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 18, 2022 Swift Navigation
Series D $100M Autonomous Vehicles
Jun 9, 2022 OhmConnect
Series D $55M Energy Yes
Apr 27, 2022 Sense
Series C $127.60M Consumer Electronics
Dec 17, 2021 Full Harvest
Series B $23M Agriculture Yes
Jan 28, 2020 Miovision
Series D $120M Artificial Intelligence Yes