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Investments

89

Portfolio Exits

26

Funds

2

Partners & Customers

1

About TELUS Ventures

TELUS Ventures is the strategic venture investment arm of TELUS, a North American telecommunications firm. The firm partners with high potential, privately-held companies that offer technologies and products that will accelerate growth initiatives within TELUS.

TELUS Ventures Headquarters Location

12-3777 Kingsway

Vancouver, British Columbia, V5H 3Z7,

Canada

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Latest TELUS Ventures News

13:26 EDT YBVR BUILDING THE METAVERSE OF SPORTS WITH 5G TECHNOLOGY IN CANADA

Jul 13, 2022

News provided by Share this article YBVR accelerates deployment of Sports Metaverse with additional funding from TELUS Ventures SAN JOSE, Calif., July 13, 2022 /PRNewswire/ --  YBVR , the global leader on Immersive Live Sports streaming, announced additional funding from TELUS Ventures, to advance the introduction of fully immersive Sports Metaverse services in Canada. The investment provides a boost to scale and deploy the technology across Canada, creating a major milestone for the company. TELUS Ventures' investment comes to YBVR on top of previous investments from Verizon and Telefonica, reinforcing YBVR's research and development across 5G/MEC and low latency video technology. Yerba Buena VR - YBVR company logo (PRNewsfoto/Yerba Buena VR) "YBVR is looking forward to partnering with TELUS for the next-generation of Live Sports streaming, bringing the tech that will make the Metaverse of Sports a marketplace for fans to enjoy and for the industry to monetize the value created around the sport," said Hector Prieto, Cofounder and CEO of YBVR. "With TELUS' 5G/MEC capabilities, we will ensure fans are closer to live sports emotions, whether remote or in-venue, providing immersive experiences with sub second latencies." In Canada, YBVR will deploy the next generation VR technology for streaming live immersive sports and music events with unparalleled quality across devices that is yet to be experienced. "We are excited to be working with YBVR on growing the role of virtual reality experiences in live entertainment and leveraging our world-leading network to connect audiences with interactive and accessible content from around the globe," said Mario Mele, Vice-president, TELUS Ventures. "At TELUS Ventures we value the role technology plays in our day-to-day lives and are looking forward to working further with this innovative Silicon Valley based startup." About YBVR YBVR is re-defining the way fans experience live sports. Fans can now experience the magic of 'being there' from anywhere. YBVR tech enables a new immersive and interactive dialogue with sport fans, especially the new generations, engaging from home and in-venue. YBVR cloud-based tech empowers sport and music event organizers/right-holders with new assets for engagement and monetization. Fans can decide when, how, what and with whom to enjoy live streaming with premium viewing experiences, in real-time, and across devices. YBVR's technology provides high-quality 360-degree live streams in 8K with patented Field-of-View optimization that consumes up to 80 per cent less bandwidth. YBVR headquarters are in California, with commercial presence in six markets. YBVR is the leader in immersive sports tech, already trusted by Wimbledon, Australian Open, Real Madrid, Fan Controlled Football, Euroleague Basketball and a number of other relevant players in the sports industry as well as Verizon, TELUS, Singtel and Telefonica. YBVR is embarking on their Series A raise to continue their leadership position in the market and capture the massive Sports Metaverse opportunity while building additional partnerships with major players. About TELUS Ventures As the strategic investment arm of TELUS Corporation (TSX: T,NYSE: TU ), TELUS Ventures is one of Canada's most active corporate venture capital funds. TELUS Ventures invests globally in companies from Seed to Pre-IPO with a focus on innovative technologies such as AgTech, HealthTech, Connected Consumer, IoT, AI, and Security to actively drive new solutions across the TELUS ecosystem. Led by a team of experienced operators, investors and executives, the Ventures team is passionate about creating positive social impact through financial tools and has invested in more than 100 companies since inception. For more information please visit ventures.telus.com . SOURCE Yerba Buena VR

TELUS Ventures Investments

89 Investments

TELUS Ventures has made 89 investments. Their latest investment was in YBVR as part of their Unattributed VC on July 7, 2022.

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TELUS Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/13/2022

Unattributed VC

YBVR

Yes

1

6/9/2022

Series D

OhmConnect

$55M

Yes

4

5/25/2022

Seed VC

Trexity

$5M

Yes

1

4/27/2022

Series C

Subscribe to see more

$99M

Subscribe to see more

10

2/18/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/13/2022

6/9/2022

5/25/2022

4/27/2022

2/18/2022

Round

Unattributed VC

Series D

Seed VC

Series C

Series A

Company

YBVR

OhmConnect

Trexity

Subscribe to see more

Subscribe to see more

Amount

$55M

$5M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

4

1

10

10

TELUS Ventures Portfolio Exits

26 Portfolio Exits

TELUS Ventures has 26 portfolio exits. Their latest portfolio exit was Hummingbird Technologies on July 28, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/28/2022

Acquired

$99M

1

7/20/2022

Acquired

$99M

5

6/13/2022

Acquired

$99M

3

3/29/2022

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

12/7/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/28/2022

7/20/2022

6/13/2022

3/29/2022

12/7/2021

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

5

3

10

10

TELUS Ventures Fund History

2 Fund Histories

TELUS Ventures has 2 funds, including TELUS Ventures I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/31/2005

TELUS Ventures I

Multi-Stage Venture Capital

Closed

$100M

1

TELUS Pollinator Fund for Good

10

Closing Date

7/31/2005

Fund

TELUS Ventures I

TELUS Pollinator Fund for Good

Fund Type

Multi-Stage Venture Capital

Status

Closed

Amount

$100M

Sources

1

10

TELUS Ventures Partners & Customers

1 Partners and customers

TELUS Ventures has 1 strategic partners and customers. TELUS Ventures recently partnered with Taulia on July 7, 2013.

Date

Type

Business Partner

Country

News Snippet

Sources

7/30/2013

Partner

United States

Taulia and TELUS Announce Strategic Partnership

Taulia , market-leading SaaS platform for dynamic discounting , announced today it has entered into a strategic relationship with TELUS Ventures , a telecommunications leader headquartered in Canada .

2

Date

7/30/2013

Type

Partner

Business Partner

Country

United States

News Snippet

Taulia and TELUS Announce Strategic Partnership

Taulia , market-leading SaaS platform for dynamic discounting , announced today it has entered into a strategic relationship with TELUS Ventures , a telecommunications leader headquartered in Canada .

Sources

2

TELUS Ventures Team

2 Team Members

TELUS Ventures has 2 team members, including former President, Mark Schnarr.

Name

Work History

Title

Status

Mark Schnarr

President

Former

Richard Osborn

ScaleUp Ventures, Second City Capital Partners, and Greenstone Venture Partners

Managing Partner

Former

Name

Mark Schnarr

Richard Osborn

Work History

ScaleUp Ventures, Second City Capital Partners, and Greenstone Venture Partners

Title

President

Managing Partner

Status

Former

Former

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