3M New Ventures has invested in Zephyr Technology, which develops real-time physiological monitoring solutions for well-being applications in healthcare, first responder, sports, military, and industrial markets.
“We see 3M as an important strategic investment and collaboration partner and are excited to explore growth opportunities in new markets where physiological status monitoring can be combined with existing and new 3M products and markets to create opportunities for both companies,” said Brian Russell, founder and CEO of Zephyr Technology.
3M New Ventures, headquartered in Munich, Germany, identifies and invests in highly innovative companies and disruptive new technologies with strategic relevance for 3M. The focus areas encompass energy, sustainability and water; health; electronics, IT and media; architecture, light and living; mobility and transportation; and safety and security.
Zephyr Technology was founded in 2003, and has been a pioneer in the use of physiological status monitoring in training and high stress operational environments. The company's ongoing collaboration with sports teams, hospitals, fire departments, NASA Ames Research Center, and multiple US Special Forces has been invaluable in the development and validation of Zephyr's technology. The company is headquartered in Annapolis, Md.