Corporate venturing deal net: 12-16 March 2018

Mar 16, 2018 • Robert Lavine

MDI Ventures, the corporate venturing arm of telecommunications group Telkom, has led a $10m round for Australia-based communications technology developer Whispir, E27 reported on Monday. Telstra Ventures and NSI Ventures, respective subsidiaries of telecoms firm Telstra and private equity firm Northstar, also took part in the round, which followed an $8.9m round in 2016 featuring Telstra Ventures, NSI Ventures, Rippledot Capital and various angel investors. Whispir has now raised just over $23m in total.

BP Ventures, the corporate venture capital…

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