GE Ventures related stories
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Cooledge’s $18.4 mln funding may signal tipping point for LED marketLED startup Cooledge in Vancouver has raised US$18.4 from an unidentified alternative assets firm
Cooledge’s $18.4 mln funding may signal tipping point for LED marketVancouver LED technology startup Cooledge Lighting has raised US$18.4 million in a Series B financing, peHUB Canada has learned. The round was led by an unidentified alternative assets firm and was joined by Yaletown Venture Partners, ARCH Venture Partners, Export Development Canada and GE Ventures. Yaletown's Kirk Washington told peHUB Canada that the deal reflects a tipping point for the fast-growing LED lighting market.
- GE Ventures backs drone start-up Airware
Airware has received an undisclosed investment from GE Ventures, GE's venture arm. Based in San Francisco, Airware is a drone start-up.
- Heritage Group leads $15 mln round for Valence Health
Valence Health, a provider of clinical integration, population health and value-based care solutions, has closed $15 million in funding. Heritage Group led the round with participation from Foundation Medical Partners, GE Ventures and North Bridge Growth Equity.
- OurCrowd and GE Ventures backs MedAware
MedAware said Thursday that it has closed $1 million in Series A financing. The investors were OurCrowd and GE Ventures. Based in Israel, MedAware is a provider of big data analytics for the medical prescription market.
- GE, Frost Data Capital form incubator
GE and Frost Data Capital said they started the Frost I3 incubator for industrial Internet startups. The incubator over the next three years will support 30 startups focused on industrial technologies and solutions that accelerate the advancement of intelligent machines, predictive and contextual analytics, and new workforce mobility tools. Startups will receive funding from Frost Data Capital and GE Ventures, as well as use of Frost’s incubator resources and facility in Southern California.
- Chrono Therapeutics snags $32 mln Series A
Digital drug products provider Chrono Therapeutics has closed $32 million in Series A financing. Canaan Partners and 5AM Ventures led the round with participation from Fountain Healthcare Partners, Mayo Clinic and GE Ventures. In conjunction with the funding, Wende Hutton, general partner at Canaan Partners, Jim Young of 5AM Ventures and Aidan King of Fountain, have been named to Chrono's board of directors.
- Drive Capital and GE Ventures back Aver Informatics
Aver Informatics said Tuesday that it has closed $8.5 million in Series A funding. Drive Capital and GE Ventures led the round. Based in Green Bay, Wisc., Aver Informatics is a data management platform that simplifies healthcare reimbursement.
- GE Ventures makes strategic investment in Cirro
GE Ventures has made a strategic investment in Cirro, which enables on-demand analysis across disparate data sources. GE Ventures invested in Cirro's Series A funding round that was previously announced in October. GE's participation followed the Series A investment led by Toba Capital, Frost Data Capital and Miramar Venture Partners.
Data spotlight: Cleantech climbing out of venture's doghouseFundings have ticked up modestly this year