General Electric backs 10 companies and awards five with $100,000 each.
US-listed industrial conglomerate General Electric (GE) has closed the second round of its clean-tech investment competition with 15 home energy technology companies receiving $63m.
The 10 partner technologies receiving most of the $63m are:
- Ember, a wireless communications technology connecting devices, homes and the grid that previously raised $89m from venture capital (VC) firms and strategic partners Chevron Technology Ventures, Stata Venture Partners, STMicroelectronics and Hitachi and university Massachusetts Institute of Technology;
- GMZ Energy, which provides a heat-to-electricity…