MDI Ventures’ acting chief executive, Setyanto Hantoro, has shifted to managing director of another Telkom Indonesia subsidiary, Telkomsel.
Honeywell has appointed a new director of ventures, John Wong, who has experience in corporate development and strategy with an IoT and wireless technology focus at InterDigital, GE and SoftBank.
Voice communication technology provider Teravoz has been acquired for an undisclosed amount by Twilio, allowing Telefónica subsidiary Wayra Brasil to exit with a 30-times return.
Corporate venturing vehicles MDI Ventures and KB Investment have formally announced their Centauri Fund, which has a $150m target for its close.
Qualcomm's corporate venturing unit will invest up to $200m in 5G-related technology developers through the newly minted 5G Ecosystem Fund.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.