A powerful partner with wide range of interests, conglomerate General Electric has the most influential corporate venturing unit in the industrial sector.

As the tagline for its own history of the company, US-listed industrial conglomerate General Electric (GE) says: "For over 130 years, we have continued to innovate what has yet to be imagined."

Despite the difficult, if not impossibility, of producing something before it has been imagined, GE has nevertheless been a highly successful, innovative company with a sophisticated corporate venturing unit.

The company said it had invested in more than 1,000 third-party companies, including a reported $4bn in 300 businesses…

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