Telstra
242 Exhibition Street, Melbourne, Victoria, 3000, Australia
Overview
Telstra is an Australia-based telecommunications and information services company offering a full range of communications services. The company has built a fully integrated IP network and a reliable mobile network for its clients. Through its strategic investments over the years and the recent acquisition of Pacnet in Asia, it now has the largest privately owned subsea cable network in Asia Pacific, have licenses throughout Asia, Europe, and the Americas and it facilitates access to more than 2,000 PoPs in 230 countries and territories. Telstra’s international operations are headquartered in Hong Kong, where it provides wholesale and enterprise customers with a full breadth of holistic and end-to-end solutions across data, voice, satellite, and managed network services. The company was founded in 1975 and is locally headquartered in Melbourne, Australia.
- Total investments
- 15
- Lead investments
- 8
- Investments · 12mo
- 0
- Active investors
- 9
Sector focus
- Android
- iOS
- Mobile
- Public Relations
- Telecommunications
Investment portfolio
- Zetifi
Led · Series A · Dec 2022
Zetifi develops long‑range Wi‑Fi coverage extension products aimed at improving internet and wireless connectivity on farms and regional areas served only by satellite or ADSL. The technology is positioned to remove a major barrier to digitalisation and automation in agriculture by delivering faster, more reliable on‑farm internet and Wi‑Fi. The company plans to double its software and product teams and scale manufacturing with the goal of entering the US market within the next 12–18 months. Zetifi has participated in accelerators including Telstra’s muru‑D (2019) and EvokeAg’s SparkLabs Cultiv8, and has received government grants and a $500,000 prize from the Grow‑NY competition. CEO and founder Dan Winson said on‑farm testing accelerated product development and refinement, enabling scalable applications of their technology for mass market deployment.
- vArmour
Participated · Equity · Feb 2021
vArmour builds a platform for managing and securing how applications and people interact across multi-cloud and hybrid environments, a capability it calls Application Relationship Management. The company provides real-time visibility, controls, and accountability to monitor relationships, find vulnerabilities, and enforce policy across distributed services. It has expanded its product set from application policy management to include identity access management, and recently launched an AI lab in Calgary. Customers include telecommunications and financial-services firms, and the company reports net new annual recurring revenue doubled year over year. vArmour has signaled plans to pursue an IPO in the next roughly two to 2.5 years and has appointed a CFO as part of that go-public plan. Leadership has also indicated the company may pursue acquisitions to extend its product and market reach. vArmour provides Application Relationship Management that gives enterprises deep visibility into application relationships across dynamic, hybrid environments, enabling control of operational and cyber risk. Its software lets customers map relationships enterprise‑wide in one view and secure hybrid clouds without adding costly new agents or infrastructure. The company positions its product to reduce operational risk and increase application resiliency during digital transformation and amid pandemic-driven budget pressures. Standard Chartered’s SC Ventures has made a strategic investment and its cybersecurity team is deploying vArmour to improve security across critical applications. The investment is intended to support vArmour’s global expansion. vArmour was founded in 2011, is based in Los Altos, CA, and is backed by investors including Highland Capital Partners, AllegisCyber, Redline Capital, Citi Ventures, and Telstra. vArmour offers a platform that centralizes security policy management and continuous compliance across disparate public and private cloud environments. Its core product, the vArmour Application Controller, helps knit together or standardize security services across multiple clouds and can halt breaches by applying controls across environments. The company has introduced a self-service version of its product to target smaller organizations and relies on channel partners (including Telstra) for sales. vArmour is not disclosing revenues but says it has grown 100% year-over-year for the last two years and has "way more than 100 customers," including hospitals, churches, 8–10 of the largest service providers, and over 25 financial institutions. The company has previously operated in stealth and has raised a total of $127 million to date. vArmour plans to pursue an IPO in the next couple of years. vArmour builds security software aimed at enterprises running services and applications across multiple clouds, placing controls inside networks to segment problems and provide forensics. Its solution is positioned as more efficient and less expensive than incumbent firewall and monitoring tools, and competes with vendors such as Fortinet and Palo Alto Networks. The product installs quickly (company says in about 15 minutes) and can segment a data center within an hour. vArmour reports roughly 165 customers covering about 100,000 virtual machines and is targeting 450 customers this year. The company was cash-flow positive as of last summer but is currently reinvesting returns into growth. A strategic partnership with Telstra will support expansion of data center security services in the Asia Pacific market. vArmour is a stealth security company focused on securing the data defined perimeter by giving enterprises instant visibility and control of East/West traffic flows for both old and new data center architectures. The company highlights deployments of advanced data center security technology at scale and positions its product to address pervasive virtualization, constant threats and advanced security breaches. vArmour said it will use the new capital to scale its development and sales teams and is prepared to launch later in 2014. The company was founded in January 2011 and is based in Mountain View, California. Management includes CEO Tim Eades and a board with industry veterans; recent board additions include Pravin Vazirani (Menlo Ventures) and Mohsen Moazami (CNTP), and investors Lane Bess and Dave Stevens are also board members. As of the announcement the company reported recent funding and plans to commercialize its offering globally across US, EMEA and APAC.
- Vygo
Participated · Seed · Sep 2018
Vygo is an Australia-based SaaS platform reinventing the conventional social support ecosystem in higher education by connecting students with mentors, tutors, advisors and other support services. The platform offers personalized support beyond the physical campus and already works with a third of Australian universities while rapidly growing in the UK. In March 2022 Vygo raised £1.5M in a pre-seed funding round. The round was led by edtech VC Sparkmind and supported by Angel Investment Network, with Supercharger Ventures and the Australian Catholic University participating. Vygo says the funds will be used for platform development and to expand its UK and European presence. The company aims to use the capital to fuel its ambition to build borderless social education for every student. Vygo is an EdTech platform founded in 2016 by University of Queensland civil engineering graduates Joel Di Trapani and Ben Hallett. The platform focuses on increasing student engagement and reducing university dropout rates. Vygo progressed through UQ's Ventures programs, including the Ventures ilab Accelerator in 2017. The company has received government and accelerator funding, including a $100K Ignite Ideas Fund grant from the Queensland Government and $10,000 from the Ventures ilab Accelerator. Vygo has expanded its offices to Sri Lanka, indicating early international expansion. The company recently secured a AU$850K investment from the Australian Catholic University. Vygo is a mobile marketplace that connects university students with affordable peer tutors and lets tutors earn money by assisting their peers. Co-founded in November 2015 by Ben Hallett, Joel Di Trapani and Steven Hastie, the company is based in Brisbane, Australia. Vygo launched after a 16-week pilot at the University of Queensland in 2016, during which one tutor earned $4,000. To date over 5,000 students across Queensland and Victoria have downloaded the app, which is available on the Apple App Store and Google Play. The company recently secured $500k in pre-seed funding (including a $100k government grant) and plans to use the proceeds to accelerate national expansion and further product development.
- SWIFT
Participated · Equity · Jul 2018
Swift is the parent company of esports organization Team SoloMid and additionally runs an influencer content network and web analytics services FortniteMaster and ProBuilds. Its core business centers on operating competitive esports teams and providing content and analytics products for gamers and influencers. Andy Dinh founded Team SoloMid as a teenager using proceeds from selling League of Legends guides and remains the company's majority owner and CEO. In 2013 Dinh transitioned from being a pro player to management. Team SoloMid's League of Legends team is one of the 10 inaugural North American League teams, a slot that reportedly required an estimated $10 million buy-in. The company has raised $37 million in a first round of funding, which the article links to the need to cover league buy-in fees and related obligations.
- UBTech Robotics
Participated · Series C · May 2018
UBTECH, founded in 2012 and based in Shenzhen, develops low-cost humanoid robots across education, customer service, healthcare, logistics, and manufacturing. Its Walker S series is used in numerous factory training programs, and partners include BYD, Geely, FAW-Volkswagen Qingdao, Audi FAW, BAIC New Energy, SF Express, and Foxconn. In July the company won a $12.6 million contract from Miyi Automotive Technology. For the first half of 2025 UBTECH reported revenue of 621 million yuan (up 27.5%) and narrowed losses to 414 million yuan from 516 million a year earlier. The company faces competition from Unitree Robotics and Boston Dynamics. UBTECH plans to expand production and commercialization through a Middle East joint venture that will include a superfactory, an R&D center, and regional headquarters. 深圳市优必选科技股份有限公司 is described as a global high‑tech innovation company integrating R&D, manufacturing, and sales of artificial‑intelligence and humanoid robots. Its core ecosystem centers on AI robots and the company builds four main pillars: hardware, software, content, and services. In 2018 the company's market sales exceeded RMB 36 billion, making it China’s largest humanoid‑robot manufacturer. Since 2013 it has raised multiple rounds, beginning with an angel round from Zhengxuan Investment and Lihe Huarui and later rounds involving investors such as Tencent Capital and CDH Venture Capital. In 2019 it secured a C+ round from the Chongqing Liangjiang Strategic Fund that valued the company at US$10 billion. The company ranked No.14 on China’s 2019 unicorn list and was described as the world’s highest‑valued AI innovation enterprise. UBTECH Robotics designs and sells consumer and service humanoid robots across products like the Alpha series, JIMU Robot, the Cruzr service robot, and licensed Star Wars robots. The company says its products are sold in more than 40 countries and regions at over 7,000 retail outlets, including nearly 500 Apple stores worldwide. UBTECH plans to use new capital to increase R&D in large-size humanoid robots, servos, gait planning and motion control algorithms, computer vision, and related AI capabilities. Management also intends to accelerate global market and brand expansion and to recruit talent worldwide, citing several recent senior hires and technical chiefs. Tencent will collaborate on future product development and has already integrated Tencent Cloud Xiaowei and the Dingdang assistant into recent robot products. Financially, UBTECH completed a major Series C round valuing the company at $5 billion and claims the round is the largest funding ever for an artificial intelligence company.