GE Ventures
Venture capital subsidiary of General Electric
From Wikipedia, the free encyclopedia
GE Ventures (founded in 2013) was the venture capital subsidiary of General Electric.[1] Headquartered in Menlo Park, California, the firm also had offices in Boston, Chicago, Houston, Shanghai, and Tel Aviv. As of 2015, the CEO was Sue Siegel,[2] and on October 23, 2017, she was also named chief innovation officer.[3] GE Ventures planned to invest up to $150 million annually in startups (or corporate collaborations) in the healthcare, energy, software, and advanced manufacturing sectors.[4]
 | |
| Industry | Venture capital |
|---|---|
| Founded | 2013 |
| Defunct | 2020 |
| Headquarters | Menlo Park, California |
Key people | Sue Siegel (CEO) |
| Website | www.geventures.com |
The firm had 75 companies in its portfolio,[a] including Clearpath Robotics,[5] HourlyNerd,[6] Mocana,[b] Nanosonics,[c] Enbala,[d] and Airware.[7] In March 2015, GE Ventures led a Series A investment in Evidation Health, a healthcare technology company formerly known as The Activity Exchange that is involved in data analytics.[8] In December 2016, GE Ventures launched Menlo Microsystems, Inc., a spinoff from GE's Global Research Center, which creates "digital micro switches" used in mobile communication networks.[9]
The company was dissolved in 2020.[10]