Corporate venturing unit SingTel Innov8 has linked up with an Australia-based subsidiary of its parent to invest in Australian seed deals.

Optus, an Australia-based subsidiary of Singtel, has joined forces with its parent’s corporate venturing unit SingTel Innov8, to launch an Australia-based seed programme.

The programme will provide up to A$250,000 in funding per startup investment.

Austin R. Bryan, Vice President, Digital Communities and Ecosystems, SingTel and Optus, said: “We have launched the Seed Program to further accelerate digital innovation in Australia, help keep talent on our shores and make it easier for startups to source local funding and support in…