Sept. 28, 2011: GE Invests in Prefabricated Sustainable Building Maker
SAN FRANCISCO and OSSINING, N.Y. — Providing both capital and collaboration, GE led a $22 million investment in San Francisco-based Project Frog and began construction of one of its prefabricated sustainable buildings at GE’s Learning Center in Ossining, N.Y.
Led by GE Energy Financial Services and joined by other investors including Claremont Creek Ventures, Greener Capital Partners, and RockPort Capital Partners, the $22 million investment will help Project Frog expand its sales pipeline and execute on orders. The investment amount for each firm participating was not disclosed.