Telstra Ventures invests in technology companies and offers synergy revenues to its portfolio companies.
Telstra Ventures is the corporate venture capital arm of Telstra. It invests in technology companies and offers synergy revenues to its portfolio companies and financial returns to its limited partners. The firm's mission is to invest in market-leading, high-growth companies that are strategically aligned with Telstra. They target companies with great products or services, particularly in mobile, cloud, and media; lighthouse people; headquarters in the USA, Australia, or Asia; and typically have $1M to $50M in revenue.Telstra Ventures plans to complete approximately 4-6 new investments plus follow-on investments per year. Telstra is a ~$65B market capitalization communications services company, headquartered in Australia, with significant operations in Asia, the US, and Europe.
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
May 10, 2022
Certn
|
Series B | $65.10M | Artificial Intelligence | — |
Apr 14, 2022
Blockdaemon
|
Series Unknown | — | Bitcoin | — |
Nov 29, 2021
Upbound
|
Series B | $60M | Cloud Computing | — |
Oct 21, 2021
FTX
|
Series B | $420.69M | Cryptocurrency | — |
Sep 16, 2021
Sleeper
|
Series C | $40M | eSports | — |