GE Ventures

GE Ventures
Industry Venture capital
Founded 2013
Headquarters Menlo Park, California
Website www.geVentures.com

GE Ventures (founded in 2013) is the venture capital subsidiary of General Electric.[1] Headquartered in Menlo Park, California the firm also has offices in Boston, Chicago, Houston, Shanghai, and Tel Aviv.[lower-alpha 1] As of 2015, the CEO is Sue Siegel.[2] GE Ventures plans to invest up to $150 million annually in startups (or corporate collaborations) in the healthcare, energy, software, and advanced manufacturing sectors.[3]

The firm lists 75 companies in its portfolio,[lower-alpha 2] including HourlyNerd,[4] Mocana,[lower-alpha 3] Nanosonics,[lower-alpha 4] Enbala,[lower-alpha 5] and Airware.[5] In March 2015, GE Ventures (with Stanford Hospital as a non-financial participant) re-launched Evidation Health, a healthcare company involved in data analytics.[6]

See also

References

  1. ↑ Riddell, Lindsay (24 May 2013). "GE Ventures launches in Silicon Valley". San Francisco Business Journal.
  2. ↑ Kolodny, Laura (5 May 2015). "GE Ventures’ Sue Siegel: Accelerators Reduce Risk for Early-Stage Investors". Wall Street Journal.
  3. ↑ Tremain, William (30 January 2013). "The Daily Startup: GE Consolidates Venture Investment Groups". Wall Street Journal.
  4. ↑ Keohane, Dennis (4 February 2015). "HourlyNerd gets $7.8 million in new funding from powerhouse group of investors". Beta Boston. ...Highland Capital Partners led the Series B round, and was joined by GE Ventures, Greylock Partners, Intuit founder Scott Cook, the Kraft Group, and others.
  5. ↑ Constantine, Josh (19 November 2014). "Airware’s Drone Operating System Gets Strategic Investment, Tech, Clients From GE Ventures". TechCrunch.
  6. ↑ Holley, David (5 March 2015). "GE Backs Evidation Health to Tackle Digital Health". Xconomy.

Notes

  1. ↑ "GE Ventures". Crunchbase. January 2013.
  2. ↑ "GE Ventures Portfolio". GE Ventures.
  3. ↑ Lennon, Mike (12 December 2013). "Mocana Receives Strategic Investment from GE Ventures". Security Week.
  4. ↑ "GE Extends Strategic Relationship With Australian-based Nanosonics to Expand Healthcare Innovation Globally". TMCNet. 24 June 2012.
  5. ↑ St. John, Jeff (30 March 2015). "Enbala Raises $11M to Take Its Buildings-to-Grid Balancing Act to a Bigger Stage". Green Tech Media.

External links

This article is issued from Wikipedia - version of the Thursday, May 05, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.