General Electric, VC Partners to Invest $55M In New Technology

General Electric Co. and its venture capital partners plan to invest $55 million in leading power grid technology companies as part of the $200 million “GE ecomagination Challenge.” The partners in this project include Emerald Technology Ventures (Zurich, Switzerland), Foundation Capital (Menlo Park, Calif.), Kleiner Perkins Caufield & Byers (Menlo Park, Calif.) and RockPort Capital Partners (Boston, Mass.).

16 November 2010•9 mins read
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