TELUS Ventures

TELUS Ventures is the corporate venture capital arm of TELUS, a prominent Canadian telecommunications company. Established in 2001, its primary mandate is to invest in early-stage and growth-stage companies that demonstrate strategic alignment with TELUS's core business and future growth areas. This strategic focus ensures that investments not only offer financial returns but also complement TELUS's extensive operations in consumer, business, and health sectors.

The firm targets a diverse range of technology sectors critical to the evolving digital landscape. Key investment areas include Digital Health, Internet of Things (IoT), Artificial Intelligence (AI) and Machine Learning (ML), Cybersecurity, Smart Cities, Agriculture Technology (AgTech), and Customer Experience solutions. TELUS Ventures typically provides initial investments ranging from $1 million to $10 million, with a willingness to participate in follow-on rounds as portfolio companies scale and achieve milestones.

Beyond capital, TELUS Ventures offers significant strategic value to its portfolio companies. They provide access to TELUS's vast customer base, operational expertise, and market reach, facilitating commercialization and growth opportunities. This collaborative approach aims to accelerate the development and adoption of innovative technologies that can enhance TELUS's service offerings and create new revenue streams. Since its inception, TELUS Ventures has made a substantial impact, having invested in over 150 companies globally, solidifying its position as a key player in the venture capital ecosystem with a strong strategic imperative.