Run by Beth Comstock, GE Ventures is the central point for its health, energy, software and advanced-manufacturing teams based in California and investing about $150m per year, according to news provider VentureWire.

The portfolio company was incubated over the winter at Y Combinator.

JSR Micro formed a partnership with Capstone in November 2011 to provide its lithium ion battery to Capstone, which provides wireless water meters.

BuildingIQ has a partnership with Schneider Electric, a France-based equipment provider that is a cornerstone limited partner of Aster, to provide energy management tools.

Fusion Coolant Systems, a spin-out from the University of Michigan, raises $600k in series A round.

High-Tech Grunderfonds (HTGF), the German state and corporate-backed early-stage investment company, has backed four local companies.

In April 2011, Digital Lumens raised $10m from the same investors to take its then-aggregate since launch to $25m, with Silicon Valley Bank providing credit.

D&R had annual sales of about $50m.