3M’s venture arm backs Canadian smart grid chip maker SEI

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Via News Release

“ST. PAUL, Minn.–August 24– 3M New Ventures – the corporate venture arm of 3M – announced an equity stake in Toronto-based Smart Energy Instruments (SEI), a move that will further accelerate SEI’s efforts in developing electronic chipsets with high-precision, real-time monitoring capabilities for smart grids, as well as give 3M a bigger presence in the energy sector.”

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