Reports to: | Team Lead | Grade Level: | Contingent |
Group: | Corporate Venturing | Exemption Status: | Non-Exempt |
Working Style: | Hybrid | Date Revised: | August 2024 |
Overview:
As an individual company that’s part of global Honda – Honda Innovations Silicon Valley, Inc. supports all the disruptive technologies Honda is working on behind the scenes as the company helps shape the mobility ecosystem of the future. Joining Honda Innovations strategic investment and partnership program, Honda Xcelerator Ventures, means you’ll be responsible for supercharging all business units within global Honda, from R&D to new business development.
Position Summary:
You will engage with investors, entrepreneurs, and the innovation ecosystem in the West Coast of the USA to source and propose unique technology and business opportunities for investment and collaboration within Honda. Being a “super-connector” and a helpful member of the venture community, you see industry trends as they emerge and bring opportunities to Honda. 70% of your work will focus on sourcing, identifying, proposing, and leading strategic investment opportunities with the Corporate Venturing team. 30% of your time will focus on network expansion and brand awareness for the West Coast region of the US.
Essential Functions and Responsibilities:
- Source Honda relevant West Coast deal flow through, database tools (Pitchbook, Crunchbase, etc.) and your personal network of Venture Capital (VC) Firms, Corporate Venture Capital (CVCs) Firms, startups, and related entities.
- Identify high quality investment opportunities involving transformational technologies strategic to Honda’s business and products from your sourced deals.
- Create and present investment proposals weekly to the Honda Xcelerator Ventures team.
- Lead the internal investment process for selected deals.
- Perform Initial Due diligence including market potential, technical strength, financial viability, team by gathering information from the target company, industry experts and other sources.
- Be the primary interface and support for portfolio companies.
- Develop, broaden, and strengthen your network of VC/CVC’s startups, and related entities.
- Support internal open innovation Startup collaborations as necessary.
- Have expertise in 2 or more technology vertical domains relevant to Honda.
Position Qualifications:
Minimum Education
- Bachelor’s degree in science, engineering, or related field
Field of Expertise
Corporate Venture Capital (CVC) or Venture Capital (VC) investment with an exceptional understanding in several technology verticals for initial due diligence assessment.
Skills and Experience
- Minimum required skills and experience
- 3-5 years experience on a corporate venture capital (CVC) or venture capital (VC) team.
- Extensive CVC/VC network on the West Coast particularly in the San Francisco Bay Area.
- Highly organized with the ability to multi-task and manage multiple work streams.
- Proven track record in sourcing, proposing, and closing early-stage investments.
- Expert knowledge in one or more of the following domains: CASE (Connected, Automated, Shared and Electrified) Mobility, Energy or Climate Tech.
- Ability to quickly ramp up technical knowledge in new areas.
- Strong analytical and quantitative skills.
- Must be a team player who values relationships and people
- Passionate about leveraging new technologies to create new experiences, improve human mobility and bring joy to customers
- Driven and proactive, with an ability to adapt to dynamic circumstances, and thrive even with ambiguity
- Preferred skills and experience in one or more areas below:
- Master’s degree in science or engineering and/or a MBA
- Corporate development Experience
- Formal Startup Investment Experience.
The position is based in Mountain View, CA.
Domestic and international travel up to 30% may be required.