TELUS Global Ventures
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. Per Crunchbase, TELUS Global Ventures has made 164 investments, 51 as lead investor across 106 portfolio companies, with 40 exits including 7 IPOs.
Investing activity
TELUS Global Ventures has made 164 investments according to Crunchbase across 106 portfolio companies, and has led 51 rounds and seen 40 exits, 7 of them by IPO.
TELUS Global Ventures appears in 1 AI deal tracked by the AI Lounge deals desk, rounds totalling $750M. The rounds are mostly Series C, with a median round size of $750M. The most recent is Waabi (Series C, $750M, Jan 2026).
TELUS Global Ventures most often invests alongside G2 Venture Partners, Khosla Ventures, Porsche Automobil Holding and BlackRock, and the companies it backs on AI Lounge are mostly in Automotive.
Deals
Frequently asked questions about TELUS Global Ventures
What AI companies has TELUS Global Ventures invested in?
TELUS Global Ventures's AI investments include Waabi. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is TELUS Global Ventures based?
TELUS Global Ventures is based in Vancouver, British Columbia, Canada.
What stage does TELUS Global Ventures invest at?
In the rounds tracked on AI Lounge, TELUS Global Ventures has invested at Series C, with a median round of $750M.
Who does TELUS Global Ventures co-invest with?
TELUS Global Ventures's most frequent co-investors on AI Lounge are G2 Venture Partners (1 deal), Khosla Ventures (1 deal), Porsche Automobil Holding (1 deal), BlackRock (1 deal) and NVentures (1 deal).
How can founders reach TELUS Global Ventures?
Founders on AI Lounge can see TELUS Global Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add TELUS Global Ventures to their Investor Pipeline to track the conversation.