Siegel joined Mohr Davidow in 2007 and led investments in molecular diagnostics, digital health and health care related enabling technologies. She presently sits on company boards including at On-Q-ity, RainDance Technologies and Navigenics.

Shea Ventures led a Series C round for Cool Planet BioFuels Inc., the company announced Thursday. BP Technology Ventures also contributed, as did return investors General Electric, Google Ventures, ConocoPhillips, NRG and North Bridge Venture Partners. Cool Planet BioFuels is developing bio-based renewable, reduced carbon gasoline that can be blended with conventional gasoline. The company did not disclose the amount of the round.

Neste Jacobs and GE Healthcare, the healthcare business of General Electric have formed a strategic alliance to assist countries worldwide to become self-sufficient in the manufacture of blood plasma products. The alliance will combine GE Healthcare’s expertise in bioprocessing for plasma fractionation with Neste Jacobs’s global bio-engineering and construction capabilities. PRESS RELEASE Neste Jacobs and [...]

Danotek said it raised $15 million in a Series B funding led by Khosla Ventures, CMEA Capital, GE Energy Financial Services and Statoil Technology. The company makes magnet generators for use at wind farms and will use the money to kickoff production as well as expand research and development. PRESS RELEASE Khosla Ventures, CMEA Capital, [...]

The technology behind computer vision products such as Microsoft’s Xbox 360 Kinect may still be years away from broader mainstream applications. But progress is being made toward industrial and commercial uses – and significant technology breakthroughs – that could begin to appear inside two years. “There is no silver bullet,” says Peter Tu, a principal [...]

Last week, the New York Times dropped quite a news bomb, reporting that General Electric, the country’s biggest corporation – the CEO of which heads President Obama’s Council on Jobs and Competitiveness – paid nothing in U.S. taxes last year. Its worldwide profits were $14.2 billion, $5.1 billion of which came from its U.S. operations. Reported [...]

Signs of a Bubble: JPMorgan launches social media fund

Dealing: Echostar Corp. plans Hughes Communications buy

Shares: U.S. futures mixed

Looting: Egyptian Museum of Cairo artifacts, including a statue of King Tut, go missing

General Electric Co., ConocoPhillips and power group NRG Energy Inc. are teaming up to invest in early-stage technology companies, Reuters reported, citing a story in the Wall Street Journal. The joint-venture, Energy Technology Ventures, will invest roughly $300 million over the next four years, the report said.

General Electric Co.’s GE Healthcare plans to purchase all of Clarient Inc.’s common and preferred shares via a tender offer price at $5 per common share and $20 per preferred share. The proposal values Clarient at $587 million. The deal is expected to close in late 2010 or early next year. Clarient is a partner company of Wayne, Pa.-based Safeguard Scientifics, which expects net proceeds of about $145 million from the deal.

(Reuters) – China National Offshore Oil Corp, parent of offshore oil and gas specialist CNOOC Ltd (0883.HK), and General Electric Co (GE.N) are considering setting up a 3 billion yuan ($439 million) private equity fund, the China Daily said, citing sources familiar with the matter.Both companies will hold stakes of 50 percent each in the [...]