3M New Ventures
3M Company is a publicly traded, diversified industrial technology conglomerate (NYSE: MMM) headquartered in St. Paul, Minnesota, serving automotive, electronics, healthcare, consumer, safety, energy, and government customers worldwide. 3M New Ventures, founded in 2006, is its corporate venture capital arm investing in early-stage innovations.
- Company typePublic
- Founded2006
- HeadquartersSaint Paul, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What 3M New Ventures does
3M Company, parent of 3M New Ventures, is a diversified industrial technology enterprise incorporated in Delaware and headquartered in St. Paul, Minnesota, with a stated history dating to 1902 and a public listing on the New York Stock Exchange under ticker MMM. The company operates a portfolio of physical-product platforms spanning abrasives, adhesives and sealants, advanced materials (including ceramics, microspheres, and nanotechnology), tapes (Scotch® brand), packaging equipment (3M-Matic™ case sealers, AccuGlide™ tape heads), personal protective equipment, films and sheeting, filtration and separation, coatings, electrical materials, flexographic printing solutions, and medical products, organized across at least ten industry verticals including automotive, commercial solutions, consumer, design and construction, electronics, energy, government, manufacturing, safety, and transportation.
The business model is a horizontal industrial conglomerate model: revenue is generated through the sale of physical branded products and integrated systems (such as the RC Plus+ Sealing System combining Scotch® Plus+ tapes, AccuGlide tape heads, and 3M-Matic case sealers) rather than through software subscriptions. Go-to-market is multi-channel, combining enterprise field sales for large industrial and government customers, an owned e-commerce storefront for direct SMB and consumer purchases, and a global network of authorized distributors and resellers. Sub-brands (Scotch, Scotch-Brite, Post-it, 3M-Matic, 3M Abrasives) and 100+ years of accumulated materials science expertise function as the principal competitive differentiators, with R&D leadership vested in an Executive Vice President and Chief Technology Officer.
3M New Ventures specifically is the corporate venture capital arm of this enterprise, established in 2006 to invest in disruptive, early-stage innovations outside the parent's internal R&D pipeline. As a venture vehicle within a publicly traded conglomerate, 3M New Ventures' strategic intent is structured external innovation sourcing and minority equity exposure to emerging technologies relevant to 3M's existing vertical platforms. The entity itself is part of a 10,000+ employee global organization with no independent disclosed financials in the provided source data.
3M New Ventures firmographics
Firmographics- Name
- 3M New Ventures
- Legal name
- 3M Company
- Website
- https://www.3m.com/3M/en_US/company-us/about-3m/3m-ventures/
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- 3M Company is a publicly traded, diversified industrial technology conglomerate (NYSE: MMM) headquartered in St. Paul, Minnesota, serving automotive, electronics, healthcare, consumer, safety, energy, and government customers worldwide. 3M New Ventures, founded in 2006, is its corporate venture capital arm investing in early-stage innovations.
- Ownership category
- akta.pro rank
3M New Ventures industry classification
Industry- Product category
- Diversified Industrial Manufacturing
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Vehicles (52599), Manufacturing (31-33)
- SIC
- Special Industry Machinery (No Metalworking Machinery) (3550), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)
- akta.pro primary industry
- Corporate Innovation & Technology Scouting Units (with investment mandate) (FSANAHAI)
- akta.pro secondary industries
- Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where 3M New Ventures is headquartered
LocationHeadquarters
- HQ city
- Saint Paul
- HQ country
- United States
- HQ region
- North America
Markets served
3M New Ventures business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales
Distribution channels3 records
Marketing channels2 records
3M New Ventures product offering
Product offeringCore offering
3M New Ventures operates as the corporate venture capital arm of 3M Company, established in 2006 to invest in disruptive early-stage innovations. The parent entity markets a diversified industrial technology portfolio including abrasives, adhesives and sealants, advanced materials, packaging tapes and automated case-sealing equipment, personal protective equipment, filtration media, specialty films, electrical materials, coatings, and medical products, serving automotive, electronics, manufacturing, healthcare, safety, government, energy, and consumer markets.
Product overview
3M is a diversified industrial technology company offering a broad portfolio of products organized into product categories spanning Materials, Manufacturing, Safety, Electronics, Healthcare, and Consumer markets. The company operates on a platform-plus-categories model rather than a unified software product, with distinct product lines including: Abrasives, Adhesives, Advanced Materials, Personal Protective Equipment, Packaging Solutions (featuring Scotch® brand tapes, 3M-Matic™ case sealers, and AccuGlide™ tape heads), Flexographic Printing Solutions, Films & Sheeting, Filtration & Separation, Coatings, Tapes, Electrical Materials, and Medical Products. These products serve industries including Automotive, Commercial Solutions, Consumer, Design & Construction, Electronics, Energy, Government, Manufacturing, Safety, and Transportation. Rather than a software platform, 3M's offering consists of physical products with associated technical expertise and application support.
Differentiator
Problem solved
Functional benefit
Brands
- Scotch: Brand for packaging tapes and adhesives including Scotch Box Sealing Tape and Scotch Plus+ Tapes
- Scotch-Brite
- Post-it
- 3M-Matic
- 3M Abrasives
Products and services
- Abrasives
Companies that use 3M New Ventures
Customer profileSegments5 records
Ideal customer profiles3 records
3M New Ventures technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
3M New Ventures partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights5 records
3M New Ventures competitors and assessment
Company assessmentBroad incumbents
- Qualcomm Ventures: Qualcomm Ventures is the CVC arm of Qualcomm, investing broadly across 5G, AI, automotive, IoT, and adjacent technologies. It is a broad incumbent comparable to 3M New Ventures in CVC structure, with overlapping exposure to electronics and automotive end markets.
- Intel Capital: Intel Capital is one of the largest and most established corporate venture capital arms globally, investing across a broad portfolio of technology themes. It is a broad incumbent comparable to 3M New Ventures in CVC structure, but with a much larger, technology-focused mandate.
- Samsung Ventures: Samsung Ventures is the CVC arm of Samsung Group, a diversified global conglomerate. It is a broad incumbent comparable to 3M New Ventures as a diversified-conglomerate CVC with multi-vertical investment scope and substantial capital deployment.
- M12 (Microsoft's Venture Fund): M12 is the CVC arm of Microsoft, investing in early-stage enterprise software and frontier technologies. It is a broad incumbent comparable to 3M New Ventures as an established corporate strategic venture investor, though M12 is more software/cloud focused.
Direct peers
- Honeywell Ventures: Honeywell Ventures is the CVC arm of Honeywell, a diversified industrial conglomerate with similar breadth across aerospace, automation, and specialty materials. It is directly comparable to 3M New Ventures as a corporate strategic investor deploying capital against industrial and emerging technology themes.
- Procter & Gamble Ventures: P&G Ventures is the CVC/external venturing function of Procter & Gamble, a global consumer goods conglomerate. It is directly comparable to 3M New Ventures as a CVC attached to a diversified industrial/consumer conglomerate investing in disruptive innovations adjacent to the parent's core markets.
- DuPont Ventures: DuPont's corporate venture activities invest in advanced materials, electronics, and industrial biotechnology. It is directly comparable to 3M New Ventures as a corporate venture function at a diversified materials/industrial conglomerate with overlapping verticals.
- BASF Venture Capital: BASF Venture Capital is the CVC arm of BASF, a global chemical and materials conglomerate. It is directly comparable to 3M New Ventures as a corporate venture investor focused on disruptive innovations in chemistry, materials, and industrial applications, leveraging the parent's deep applied science capabilities.
- Bosch Ventures: Bosch Ventures (formerly Robert Bosch Venture Capital) is the CVC arm of Bosch, a global industrial and technology conglomerate. It is directly comparable to 3M New Ventures as a strategic investor targeting early-stage disruptions in industrial, mobility, and deep-tech adjacencies to the parent's core business.
- Johnson & Johnson Innovation (JJDC): Johnson & Johnson Innovation / JJDC is the long-standing CVC arm of J&J, investing across healthcare, consumer health, and medical devices. It is directly comparable to 3M New Ventures as a corporate strategic venture function with multi-decade operating history and a healthcare/consumer-adjacent thesis.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key highlights6 records
Customer concentration
3M New Ventures compliance and trust
Trust signalCompliance1 record
3M New Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
3M New Ventures leadership team
Management profileNumber of profiles
Profiles12 records
3M New Ventures subsidiaries and ownership
Company hierarchySubsidiaries1 record
3M New Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
3M New Ventures M&A and investment
M&A and investmentM&A
Investments42 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 3M New Ventures
What does 3M New Ventures do?
3M New Ventures operates as the corporate venture capital arm of 3M Company, established in 2006 to invest in disruptive early-stage innovations. The parent entity markets a diversified industrial technology portfolio including abrasives, adhesives and sealants, advanced materials, packaging tapes and automated case-sealing equipment, personal protective equipment, filtration media, specialty films, electrical materials, coatings, and medical products, serving automotive, electronics, manufacturing, healthcare, safety, government, energy, and consumer markets.
Is 3M New Ventures a public or private company?
3M New Ventures is a public company. It is classified as corporate owned and is currently operating.
When was 3M New Ventures founded?
3M New Ventures was founded in 2006. It employs 5,001 to 10,000 people.
Where is 3M New Ventures based?
3M New Ventures is headquartered in Saint Paul, United States, in the North America region.
Who are 3M New Ventures's main competitors?
Broad incumbents on record are Qualcomm Ventures, Intel Capital, Samsung Ventures and M12 (Microsoft's Venture Fund). Direct peers are Honeywell Ventures, Procter & Gamble Ventures, DuPont Ventures, BASF Venture Capital, Bosch Ventures and Johnson & Johnson Innovation (JJDC).
Does 3M New Ventures have an API?
No public API is recorded for 3M New Ventures.
What industry is 3M New Ventures in?
3M New Ventures's product category is Diversified Industrial Manufacturing. Its primary akta.pro industry code is FSANAHAI, Corporate Innovation & Technology Scouting Units (with investment mandate), with a secondary code of FSANAHAF, Corporate Strategic Partnership & Ecosystem Investment Arms. Its NAICS code is 523 and its SIC code is 3550.