3M Company (MMM)

3M, through its New Ventures business, has entered into a strategic relationship with MAMA Sustainable Incubation AG – a newly formed technology incubator specializing in the development of solutions for emerging green-markets such as renewable energy, sustainable architecture and water treatment, based in Berlin, Germany.
“This investment reflects both our long-standing commitment to environmental sustainability and our passion for innovation,” said Stefan Gabriel, president, 3M New Ventures. “With 3M’s support, MAMA will seek, explore and develop early-stage innovations to enable scalable solutions to the world’s sustainability challenges.”

Feb 12 · 9:39:00 PM · Source: Company Press Release
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by Michael Oliveto