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.

US-listed industrial conglomerate General Electric (GE) reportedly plans to invest $150m per year in its corporate venturing unit.

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.

Run by Beth Comstock (pictured), GE Ventures said it had 60 portfolio companies under development.