3M Invests in Cleantech Firm Evoloh-March 2024-www.financetom.com

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3M Invests in Cleantech Firm Evoloh

Apr 11, 2024 8:40 AM

11:14 AM EDT, 04/11/2024 (MT Newswires) -- 3M ( MMM ) said Thursday it invested in Evoloh, which manufactures electrolyzers used in hydrogen production.

The investment is part of an initiative to improve hydrogen technologies and support materials science-based climate tech solutions, 3M ( MMM ) said.

3M Ventures, the venture capital arm of 3M ( MMM ), recently participated in Evoloh's $20 million Series A fundraising round.

Price: 93.01, Change: +0.38, Percent Change: +0.41

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