Australian venture capital Telstra Ventures completes $350 million fundraising, will invest in cloud services, encryption and other fields

Australian venture capital firm Telstra Ventures announced that its third fund has completed a $350 million fundraising, which will be used to invest in cloud services, networks, creator economies, encryption (including blockchain), carbon and climate, and other fields. The fund has invested in Cequence, ClosedLoop, Enable, Forage, FTX, LambdaTest, Lively, Pandion, Sleeper, and Strata.