GE participates in $14.2M for Advanced Electron Beams
General Electric announced today that it has poured more cash into Advanced Electron Beams (AEB), a company working on making electron beam technology more energy efficient. With electron beams used widely to instigate industrial and manufacturing chemical reactions, the company’s offerings could add up to substantial energy savings if it can increase its market share.
Flagship Ventures led the round of $14.2 million — AEB’s third — which also included, Atlas Venture, General Catalyst Partners, RockPort… Continue Reading
Advanced Electron Beams promises a low-energy revolution for industry
Sometimes, a nice jet of flames is the best way to get a job done. More often, it’s not. Advanced Electron Beams, which just took a new round of funding led by General Electric’s venture arm, is a company that wants to help industries conserve energy by shifting away from traditional but wasteful practices, like burning or heating material with fire, to a more efficient alternative.
As the name implies, AEB works with electron beams, which… Continue Reading