Telstra looks to cash out of venture capital investments

Telstra is considering selling its current investments in Telstra Ventures, the venture capital fund it established in 2011, in a move that would give the telco more flexibility to make big capital investments elsewhere.

Telstra Ventures, which has operated as an independent global VC since 2018, will rebrand as Titanium Ventures from Tuesday, as it continues to deploy the $US350 million ($527 million) fund in artificial intelligence, cybersecurity and climate tech start-ups.