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New Ventures

  • 11/26/12 9:13 am CST
    ST. PAUL, Minn. & YOKNEAM, Israel--(BUSINESS WIRE)--Today 3M Company, through its corporate venture organization 3M New Ventures, and VocalZoom Ltd., a leading developer of speech enhancement technology that enables voice communication and recognition in any environment, announced an equity investment and collaboration that will bring a new class of voice-enabled user interfaces to a broad range of customers. The terms of the transaction were not disclosed. “While touch capability hasmore...
  • 10/24/12 3:19 pm CDT

    Companies Announce Strategic Development and Equity Agreement

    ST. PAUL, Minn. & DENVER--(BUSINESS WIRE)--Today, 3M New Ventures (3M’s corporate venture organization) and Mersive, a leading provider of visual computing software, announced a strategic development and equity agreement that will bring a new class of displays that foster visual collaboration to a broad range of customers. The terms of the transaction were not disclosed. “Advances in graphics processing technology are resulting in the creation of more pixels than ever before.more...
  • 7/20/12 8:00 am CDT
    ST. PAUL, Minn. & BOSTON--(BUSINESS WIRE)--3M, through its New Ventures Business, has invested in 7AC Technologies Inc., a Woburn, Mass.-based developer of high efficiency heating, ventilation and air conditioning (HVAC) systems that use liquid desiccant technology to remove humidity from the air. The terms of the transaction were not disclosed. “This investment by 3M New Ventures is a highly significant vote of confidence in our plastic plate liquid desiccant technology,” saidmore...
  • 4/16/12 2:07 pm CDT
    ST. PAUL, Minn. & ANNAPOLIS, Md.--(BUSINESS WIRE)--3M New Ventures, the corporate venture organization of 3M, announced today that it has invested in Zephyr Technology, a developer of real-time physiological monitoring solutions for well-being applications in healthcare, first responder, sports, military, and industrial markets. The series C financing round also included investments by Alsop Louie Partners, Motorola Solutions Venture Capital, and others. Zephyr is inventing unique waysmore...
  • 1/23/12 2:03 pm CST
    ST. PAUL, Minn. & SAN FRANCISCO--(BUSINESS WIRE)--3M New Ventures, the corporate venture organization of 3M, today announced an investment in HydroNovation Inc. of California, a developer of next- generation water conditioning systems for residential and food service industry applications. The Series B round financing included a second investment by Clean Pacific Ventures. Terms of the transaction were not disclosed. Founded by the water technology pioneer Anil Jha in 2008,more...
  • 9/12/11 8:00 am CDT
    ST. PAUL, Minn. & SAN BRUNO, Calif. & TAIPEI, Taiwan--(BUSINESS WIRE)--ST. PAUL, Minn.more...
  • 6/6/11 3:32 pm CDT
    ST. PAUL, Minn. & MUNICH--(BUSINESS WIRE)--3M announced today that it has received the ‘Best Innovator’ award in Germany for its best-in-class innovation management and corporate venturing. The award honors 3M for the unique way it identifies innovative start-ups and entrepreneurs with game-changing technologies and novel business models to bring new-to-3M business to the company for long lasting growth. The award, given under the patronage of the German Federalmore...
  • 5/31/11 4:46 pm CDT

    eReading Market Expected to Grow Rapidly

    ST. PAUL, Minn., & BERLIN--(BUSINESS WIRE)--3M, through its 3M New Ventures and 3M Electro & Communications Business, has invested in txtr GmbH, an innovative company in eReading technology based in Berlin, Germany. Terms of the transaction were not disclosed. eReading business opportunities are growing in importance for 3M. People’s lives are becoming more centered every day on being connected at home, in the office or on the move. They expect to have mobile access tomore...
  • 5/24/11 11:05 am CDT

    3M, Rensselaer Polytechnic Institute, DOEN Foundation Provide Capital for Expansion of Manufacturing for Green Start-up

    GREEN ISLAND, N.Y.--(BUSINESS WIRE)--Ecovative Design, LLC, the world leader in mycelium-based materials science, today announced that a group including 3M (through its 3M New Ventures business), Rensselaer Polytechnic Institute, and DOEN Foundation has invested in the company. This funding will be used to scale Ecovative’s manufacturing operations and accelerate the development of its revolutionary, grown polymeric materials. The terms of the transaction were not disclosedmore...
  • 5/17/11 3:00 pm CDT
    MOSCOW, Idaho--(BUSINESS WIRE)--3M, through its New Ventures Business, has invested in GoNano Technologies Inc., a developer and manufacturer of high surface area nanomaterials for pollution control, catalysis, composites and sensory technologies headquartered in Moscow, Idaho. Terms of the transaction were not disclosed. GoNano Technologies applies its versatile silica-based Nanospring technology to solve problems for customers seeking high surface area nextmore...