3M NEW VENTURES

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3M New Ventures was created to strengthen 3M's position at the leading edge of global innovation by complementing 3M's holistic innovation strategy with a focus on disruptive, early stage innovations outside of the company's existing portfolio. 3M New Ventures identifies and invests in the most promising new-to-3M technologies, services and business models with long term strategic relevance to 3M.

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3M NEW VENTURES

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Industry:
Finance Financial Services Mechanical Engineering Venture Capital

Founded:
2006-01-01

Status:
Active

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Current Advisors List

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Thomas K. Brown Board Member @ 3M New Ventures
Board_member

Current Employees Featured

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Ivan K. Fong
Ivan K. Fong General Counsel @ 3M New Ventures
General Counsel

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Ian F. Hardgrove
Ian F. Hardgrove Senior Vice President @ 3M New Ventures
Senior Vice President

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James L. Bauman
James L. Bauman Senior Vice President, Asia Pacific @ 3M New Ventures
Senior Vice President, Asia Pacific

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Christopher D. Holmes
Christopher D. Holmes Senior Vice President @ 3M New Ventures
Senior Vice President

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David G. Werpy
David G. Werpy Vice President and General Auditor @ 3M New Ventures
Vice President and General Auditor

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Michael G. Vale
Michael G. Vale Executive Vice President, Consumer Business Group @ 3M New Ventures
Executive Vice President, Consumer Business Group

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Michael A. Kelly
Michael A. Kelly Executive Vice President, Electronics and Energy Business Group @ 3M New Ventures
Executive Vice President, Electronics and Energy Business Group

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Brad T. Sauer
Brad T. Sauer Executive Vice President, Industrial Business Group @ 3M New Ventures
Executive Vice President, Industrial Business Group

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Marlene M. McGrath
Marlene M. McGrath Senior Vice President, Human Resources @ 3M New Ventures
Senior Vice President, Human Resources

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Nicholas C. Gangestad
Nicholas C. Gangestad Vice President, Corporate Controller and Chief Accounting Officer @ 3M New Ventures
Vice President, Corporate Controller and Chief Accounting Officer

Investments List

Date Company Article Money raised
2022-09-07 Flair 3M New Ventures investment in Series A - Flair 7.6 M USD
2022-08-16 GrayMatter Robotics 3M New Ventures investment in Series A - GrayMatter Robotics 20 M USD
2022-06-01 Moxe Health 3M New Ventures investment in Series B - Moxe Health 30 M USD
2022-02-16 Cellink 3M New Ventures investment in Series D - Cellink 250 M USD
2021-09-29 GrayMatter Robotics 3M New Ventures investment in Seed Round - GrayMatter Robotics 4.1 M USD
2021-02-04 Metalenz 3M New Ventures investment in Series A - Metalenz 10 M USD
2021-01-11 Moxe Health 3M New Ventures investment in Venture Round - Moxe Health N/A
2021-01-05 Guardhat Technologies 3M New Ventures investment in Series B - Guardhat Technologies N/A
2020-11-09 Eko 3M New Ventures investment in Series C - Eko 65 M USD
2019-02-14 Phylagen 3M New Ventures investment in Series A - Phylagen 14 M USD

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