Telstra forms new VC fund with HarbourVest, said to be worth $500m

Telstra forms new VC fund with HarbourVest, said to be worth $500m

Telstra. Photo: Bloomberg

Australia’s Telstra on Monday announced a new fund with the backing of private equity giant HarbourVest Partners to focus on early- to late-stage venture investment opportunities in the US, Asia and Australia.

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