GE Ventures
GE Ventures is the venture capital subsidiary of General Electric. Headquartered in Menlo Park, California the firm also has offices in Boston, Chicago, Houston, Shanghai, and Tel Aviv. As of 2015, the CEO is Sue Siegel, and on October 23, 2017, she was also named Chief Innovation Officer. GE Ventures plans to invest up to $150 million annually in startups in the healthcare, energy, software, and advanced manufacturing sectors.
The firm lists 75 companies in its portfolio, including Clearpath Robotics, HourlyNerd, Mocana, Nanosonics, Enbala, and Airware. 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. 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.
