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3M Ventures: CVC funds are crucial for companies at times of disruption
Ben Wright, head of 3M Ventures, emphasizes that corporate venture capital (CVC) units are more vital than ever during periods of disruption and economic uncertainty. He argues that rather than retrenching, companies should lean into venture investing to stay ahead, especially as multiple industries are being reshaped. 3M Ventures is focusing on data centers and aerospace, areas where material science innovations are critical for advancing technologies like AI infrastructure and next-generation aircraft.