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GE Ventures

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GE Ventures
NameGE Ventures
TypeSubsidiary
IndustryVenture capital
Founded2012
FounderGeneral Electric
HeadquartersMenlo Park, California
Key peopleRisa Stackowitz, Sue Siegel

GE Ventures is a subsidiary of General Electric that focuses on investing in startups and growth-stage companies in the areas of software, healthcare, energy, and advanced manufacturing. As a strategic investor, GE Ventures works closely with its portfolio companies to provide access to General Electric's resources, expertise, and global network. This collaboration enables the companies to accelerate their growth and develop innovative solutions that can be integrated into General Electric's various business units, such as GE Healthcare, GE Aviation, and GE Energy. By leveraging its connections with Stanford University, Massachusetts Institute of Technology, and other top research institutions, GE Ventures is able to identify and invest in promising technologies and entrepreneurs.

Overview

GE Ventures is headquartered in Menlo Park, California, and its investment team is composed of experienced professionals with backgrounds in venture capital, private equity, and investment banking. The firm's investment strategy is focused on identifying and supporting companies that are developing innovative technologies and business models in areas such as artificial intelligence, Internet of Things, cybersecurity, and digital health. By investing in these companies, GE Ventures aims to drive growth and innovation within General Electric's various business units, including GE Digital, GE Healthcare, and GE Renewable Energy. The firm's investments are often syndicated with other prominent venture capital firms, such as Kleiner Perkins, Andreessen Horowitz, and Sequoia Capital, and it has also partnered with leading research institutions, including Harvard University, University of California, Berkeley, and Carnegie Mellon University.

History

GE Ventures was established in 2012 as a subsidiary of General Electric, with the goal of investing in startups and growth-stage companies that are developing innovative technologies and business models. The firm's early investments were focused on areas such as energy efficiency, renewable energy, and healthcare IT, and it quickly established itself as a leading strategic investor in these sectors. Over time, GE Ventures has expanded its investment focus to include areas such as advanced manufacturing, additive manufacturing, and autonomous systems, and it has invested in companies such as Carbon3D, Divergent Technologies, and Nauto. The firm has also partnered with other leading corporations, including Intel Corporation, Cisco Systems, and Microsoft Corporation, to invest in and develop new technologies and business models.

Investments

GE Ventures has made investments in a wide range of companies, including startups and growth-stage companies in the areas of software, healthcare, energy, and advanced manufacturing. Some of the firm's notable investments include Ayasdi, a big data analytics company that has partnered with Google, Amazon Web Services, and Microsoft Azure; Cytobank, a biotechnology company that has collaborated with National Institutes of Health, Stanford University School of Medicine, and University of California, San Francisco; and Zebra Medical Vision, a medical imaging company that has worked with IBM Watson Health, Dell Technologies, and Hewlett Packard Enterprise. GE Ventures has also invested in companies such as Desktop Metal, a 3D printing company that has partnered with Ford Motor Company, Caterpillar Inc., and BMW Group; and Commonwealth Fusion Systems, a nuclear fusion company that has collaborated with Massachusetts Institute of Technology, University of California, Los Angeles, and University of Wisconsin–Madison.

Portfolio Companies

GE Ventures has a diverse portfolio of companies that are developing innovative technologies and business models in areas such as artificial intelligence, Internet of Things, cybersecurity, and digital health. Some of the firm's notable portfolio companies include Augury Systems, a predictive maintenance company that has partnered with Siemens AG, Rockwell Automation, and Schneider Electric; BrightBytes, an education technology company that has collaborated with Bill and Melinda Gates Foundation, Chan Zuckerberg Initiative, and National Education Association; and Machinio, a used machinery marketplace company that has worked with Caterpillar Inc., John Deere, and Komatsu Limited. GE Ventures has also invested in companies such as Nanotronics, a nanotechnology company that has partnered with IBM Research, Stanford University, and University of California, Berkeley; and One Concern, a disaster response company that has collaborated with Federal Emergency Management Agency, American Red Cross, and United Nations Office for Disaster Risk Reduction.

Leadership

GE Ventures is led by a team of experienced professionals with backgrounds in venture capital, private equity, and investment banking. The firm's leadership team includes Risa Stackowitz, a managing director who has invested in companies such as Carbon3D and Divergent Technologies; and Sue Siegel, the firm's chief executive officer, who has previously worked at Mohr Davidow Ventures and InvestAmerica. The firm's investment team is supported by a network of advisors and experts from General Electric's various business units, including GE Healthcare, GE Aviation, and GE Energy. GE Ventures has also partnered with leading research institutions, including Massachusetts Institute of Technology, Stanford University, and Carnegie Mellon University, to identify and invest in promising technologies and entrepreneurs. The firm's leadership team has also worked closely with other prominent investors, including Marc Andreessen, Peter Thiel, and Reid Hoffman, to invest in and develop new technologies and business models. Category:Venture capital firms

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