GE Ventures related stories
All articles and analysis
GE Ventures leads $14.1 mln for GravieGravie, a provider of a reinvented health benefits marketplace, has secured $14.1 million in Series C funding, according to a blog post. http://blog.gravie.com/press-release-gravie-raises-14.1-million-in-series-c-funding GE Ventures led the round with participation from other investors including FirstMark Capital, Aberdare Ventures and Split Rock Partners. In addition to the financing, Lisa Suennen, a senior managing director at GE Ventures, has been appointed to Gravie’s board of directors.
- Desktop Metal rakes in $115 mln Series D
Burlington, Massachusetts-based Desktop Metal, a metal 3D printing services provider, has closed $115 million in Series D funding. The backers were New Enterprise Associates, GV, GE Ventures, Future Fund, Techtronic Industries, Lowe’s, Lux Capital, Vertex Ventures, Moonrise Venture Partners, DCVC Opportunity, Tyche, Kleiner Perkins Caufield & Byers, Shenzhen Capital Group and Saudi Aramco.
- Advanced Microgrid nabs over $34 mln Series B
Advanced Microgrid Solutions, a provider of distributed energy resources and energy storage assets, has raised over $34 million in Series B funding. Energy Impact Partners, Southern Company and DBL Partners led the round with participation from other investors that included GE Ventures, AGL Energy Limited and Macquarie Capital.
- Straus joins GE Ventures as EIR
Jessica Straus said in an email on June 30 she is joining GE Ventures in Menlo Park, California, as an entrepreneur-in-residence beginning in July. She joined the National Venture Capital Association three years ago and was most recently vice president of development.
- On-demand manufacturing marketplace Xometry attracts $15 mln
Xometry, an on-demand manufacturing marketplace, has raised $15 million in funding. BMW i Ventures led the round with participation from other investors that included GE Ventures and Highland Capital Partners. In addition to the funding, Zach Barasz, a partner at BMW i Ventures, is joining Xometry’s board of directors.
- Catalant Technologies bags $41 mln Series D
Boston-based Catalant Technologies, a tech platform for business expertise, has secured $41 million in Series D funding. Highland Capital Partners and General Catalyst led the round with participation from other investors that included Greylock Partners, GE Ventures, Mark Cuban, Bain Capital Managing Director Mark Nunnelly and the Kraft family.
- Vineti nets $13.75 mln Series A
Vineti, a cloud-based platform to expand patient access to life-saving cell and gene therapies, has secured $13.75 million in Series A funding. The investors were GE Ventures, Mayo Clinic Ventures, DFJ and LifeForce Capital.
- Nuvolo takes in $10 mln Series A
Jersey City, New Jersey-based Nuvolo, an enterprise asset management company, has secured $10 million in Series A funding. GE Ventures led the round with participation from previous backers New Enterprise Associates and ServiceNow Ventures.
- Kauffman Fellows announces Class 22
The Kauffman Fellows Program has selected 51 investors from five continents to be part of its Class 22. According to the Silicon Valley-based program, 61 percent of Class 22 are partners, managing directors or CEOs of their respective firms. The program, which runs for two years, is focused on developing leaders in venture capital. Among the firms represented in Class 22 are Blackrock, Social Capital, August Capital, 500 Startups, Microsoft Ventures, SoftTech VC, Tencent, Shasta Ventures, Norwest Venture Partners, Bpifrance, Merck Ventures and the MacArthur Foundation. And, those serving as mentors for Class 22 include Dave McClure, founder and managing partner of 500 Startups; Kate Mitchell, past chairman of the NVCA and partner at Scale Venture Partners; Jeff Clavier, founder and managing partner of SoftTech VC; David Sze, senior managing partner at Greylock; and Josh Stein, a partner at DFJ.