Honeywell Ventures
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.
THE POSITION
Proven and creative deal makers with background in technology ventures investment and working with early-stage entrepreneurial startups; understands how a world class Corporate Venture Capital team operates at global scale
Aligns the enterprise’s / business units’ strategic gaps in technology and capabilities with a vibrant self-driven pipeline of disruptive, early-stage innovations and new business models that have a strong fit for investment and selectively with future potential for acquisition
Drives a full end to end management of their portfolio with clear goals on commercialization, knowledge transfer and strategy validation – proactively facilitates the ongoing partner/business unit cadence and execution
Builds a strong network within the technology and VC community and equally within the strategic business units’ leadership teams
Key Responsibilities
- Proactive deal scouting, screening, and sourcing across key investment areas and geographies that are directly aligned with the corporate strategy in accessing disruptive innovations
- Lead and conduct due diligence (technical / commercial / market) for prospective investments with active engagement from the sponsoring business unit – estimate deal size and exit potential and timing
- Actively collaborate and support the deal making & decision approval process – act as the partner advocate and identify the critical success factors to facilitate a mutually beneficial deal structure
- Drive routine reviews with the investment portfolio partners and their business unit sponsors to ensure all mutual plans and commitments are being met or effective mitigation plans are in place – update periodically on the state of select markets and technology themes
- Build a vibrant ecosystem of partners, co-investors and other influencers – represent Honeywell as an ambassador of our innovation strategy and operating culture & values
Basic Qualifications
- Bachelor’s Degree
- 5+ years of relevant experience with a minimum of 3 years in venture capital roles
- Able to travel extensively as needed, co-location ideally within key Honeywell and tech center hubs (Expect 30%+)
- Background in Strategic Technology
- Adept at networking and building new relationships based on proactive research and assessment of common needs and outcomes
- Proven acumen in assessing investment opportunities, financial modeling, managing transactions and identifying key signals regarding portfolio health and future performance
Preferred
- Ability to rapidly grasp a new business model, identify strategic capability gaps and understand the challenges in building a scalable business
- Technology commercialization background from former experiences to leverage
- Proactive communicator and self-starter able to prioritize and manage complex and dynamic workloads and satisfy multiple internal and external stakeholders at all levels
- Genuine hunger and passion to co-develop / accelerate new game-changing technologies that have a direct impact to society, environment, business productivity and worker safety
- Execution bias for action and performance focus essential
- Master’s Degree – ideally in a technical and business background
- Ideally with a background sourcing in one or more strategic technology areas
- Artificial Intelligence, Machine Learning modeling and data analytics
- Smart edge computing, IoT & sensors, cyber-secure networks and wireless connectivity
- Buildings industry and associated software & services know how
- Sustainability, decarbonization and energy management
Additional Information
- JOB ID: HRD173616
- Category: Business Development
- Location: 1349 Moffett Park Drive,Sunnyvale,California,94089,United States
- Exempt