GE Ventures is a venture capital firm established since 2013. The firm is a subsidiary of General Electric. The firm primarily operates from Menlo Park, California, although it also has offices in Boston, Massachusetts; Houston, Texas; Chicago, Illinois; Shanghai, China; and Tel Aviv, Israel. As of February 2019, the firm manages 118 companies in its portfolio and has sold off its shares in 60 companies. Its most recent investment was for Xage Security in January 2019, a company providing block-chain protected security platform services.
GE Ventures invests in companies all over the world. GE Ventures focuses on investing in startups and companies at the early stage of development. The firm provides financing for a diverse set of industries, some examples being healthcare, Internet of Things (IoT), data analytics, and energy technology. In 2016, the firm provides funding to companies starting from $1 million to $15 million.
Funding Rounds Participated In
- Venture capitalVenture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies, that have been deemed to have high growth potential or which have demonstrated high growth. Capital invested usually carries a substantial element of risk.