Venture capital fund · 2 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 (4 Nov 2025), SmartCompany, Startup Daily (31 Mar 2025), Main Sequence Ventures portfolio | |
| AgriWebb | Unnamed stage | 11 Oct 2022 | $10m | Participant | Startup Daily, SmartCompany (10 May 2024), Techboard, SmartCompany (11 Oct 2022) |
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 | Livestock management platform | 11 Oct 2022 | 1 | 0 |
| QuintessenceLabs | Quantum physics data security tools | 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.