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3M Ventures

3M Center, 2501 Hudson Road, Saint Paul, MN, 55144, United States

Overview

Invests in disruptive early-stage innovations for strategic growth.

Founded

2006

Deals · 12mo

1

Links

WebsiteLinkedIn

Stage focus

Series A
Series B

Geographic focus

Canada
United States

Sector focus

Finance
Financial Services
Mechanical Engineering
Venture Capital

Investment portfolio

25rounds
NAMEDATESIZE
JetZero
Jan 2026Participated
$175 MSeries B
Ayar Labs
Dec 2024Participated
$155 MSeries D
GrayMatter Robotics
Jun 2024Participated
$45 MSeries B
EvolOH
Mar 2024Participated
$20 MSeries A
Svante
Dec 2022Participated
$318 MSeries E
Metalenz
Oct 2022Participated
$30 MSeries B
Flair
Sep 2022Participated
$8 MSeries A
GrayMatter Robotics
Aug 2022Led
$20 MSeries A
Moxe
Jun 2022Participated
$30 MOther Equity
Moxe Health
Jun 2022Participated
$30 MSeries B
Cellink
Feb 2022Participated
$250 MSeries D
Dispelix
Nov 2021Participated
$33 MSeries B
JetZero
Jan 2026Participated
$175 MSeries B
Ayar Labs
Dec 2024Participated
$155 MSeries D
GrayMatter Robotics
Jun 2024Participated
$45 MSeries B
EvolOH
Mar 2024Participated
$20 MSeries A
Svante
Dec 2022Participated
$318 MSeries E
Metalenz
Oct 2022Participated
$30 MSeries B
Flair
Sep 2022Participated
$8 MSeries A
GrayMatter Robotics
Aug 2022Led
$20 MSeries A
Moxe
Jun 2022Participated
$30 MOther Equity
Moxe Health
Jun 2022Participated
$30 MSeries B
Cellink
Feb 2022Participated
$250 MSeries D
Dispelix
Nov 2021Participated
$33 MSeries B
25
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Insights

Time horizon

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Deal Distribution

3M Ventures: 25 funding rounds are recorded in the selected participation categories.All available history.
3M Ventures: 25 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A15
Series B17
Series C+15
Other Equity13

Monthly Deal Activity

3M Ventures: 25 deals are recorded across 147 months.All available history.
3M Ventures: 25 deals are recorded across 147 months. All available history
MonthDeals
Aug '141
Sep '140
Oct '141
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '151
Nov '151
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '161
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '181
Jun '180
Jul '180
Aug '180
Sep '181
Oct '180
Nov '180
Dec '180
Jan '190
Feb '191
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '192
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '201
Dec '200
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '211
Oct '210
Nov '211
Dec '210
Jan '220
Feb '221
Mar '220
Apr '220
May '220
Jun '222
Jul '220
Aug '221
Sep '221
Oct '221
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '241
Apr '240
May '240
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '241
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

3M Ventures: Hardware & Robotics is the largest displayed sector by deal count (9 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

3M Ventures: Hardware & Robotics is the largest displayed sector by deal count (9 deals). All available history
SectorDeals
Hardware & Robotics9
Space & Frontier Tech8
Health & Life Sciences7
AI & Machine Learning7
Clean Energy & Sustainability6
Manufacturing6
AR/VR3
Networks, Cloud & Communication2
Media & Entertainment2
Government & Defense1
E-Commerce & Retail1
Real Estate & Construction1
Data, Analytics & IT1
Transportation & Logistics1
Consumer & Lifestyle1
Marketing & Advertising1
Fintech1
Professional Services1
Social & Community Platforms1
Developer Tools1

Deal Size Distribution

3M Ventures: 25 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

3M Ventures: 25 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M2
$10M-$25M11
$25M-$50M5
$50M-$100M1
$100M-$250M2
$250M-$500M2
$500M-$1B0
$1B+0

Deals By Geography

3M Ventures: United States has the largest recorded deal count among the displayed regions (22 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

3M Ventures: United States has the largest recorded deal count among the displayed regions (22 deals). All available history
RegionDeals
United States22
Canada2
Europe1
3M Ventures: 20 co-investors are shown, with B Capital Group sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

3M Ventures: 20 co-investors are shown, with B Capital Group sharing 4 recorded deals. All available history
Co-investorShared deals
B Capital Group4
Safeguard Scientifics4
ARTIS Ventures3
Calibrate Ventures3
DigiTx Partners3
Intel Capital3
NTTVC3
OCA Ventures3
Apollo2
Applied Ventures2
Foothill Ventures2
M Ventures2
Mayo Clinic2
Pathbreaker Ventures2
Piper Sandler Merchant Banking2
Seraph Group2
Social Capital2
SR One2
Stage Venture Partners2
Swift Ventures2

Investment Strategy

3M Ventures: Led accounts for 16% and participating for 84% of round participation.All available history.
3M Ventures: Led accounts for 16% and participating for 84% of round participation. All available history
CategoryDeals (count)Share (%)
Led416%
Participating2184%
3M Ventures: Single-lead accounts for 75% and co-led for 25% of lead dynamics.All available history.
3M Ventures: Single-lead accounts for 75% and co-led for 25% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead375%
Co-led125%

Team

Christopher D. Holmes

Senior Vice President

David G. Werpy

Vice President and Chief Audit Executive

Ian F. Hardgrove

Senior Vice President

James L. Bauman

Senior Vice President, Asia Pacific

Mark Copman

Senior Vice President

Michael G. Vale

Executive Vice President, Consumer Business Group

Nicholas C. Gangestad

Vice President, Corporate Controller and Chief Accounting Officer

Robert W. Sprague

Attorney