[Updated] Which Minnesota Corporate VCs Are Making Tech Investments?



In this running column, we are tracking which Minnesota corporations of all sizes are making strategic financial investments into external technology companies near and far. 



Added 2/18/19: 3m + Phlaygen (2019);  Allianz Life Ventures + Advizr (UNK); Allianz Life Ventures + Covr (2018); Optum Ventures + VIM; Optum Ventures + AbleTo (2019);

Added 11/30: Optum Ventures + RubiconMD; Securian + Gabi

Added 10/9: Stella +Ciresti Health

Added 10/4/2018: Added 10/3: Allianz + Covr; Cargill + Agriness; Optum + IDx

Related: Q&A interview w/ Emily Reitan of Allianz Life Ventures

Added 8/17: Fairview + Zipnosis (2015); Best Buy + Zubie (2012); Stella + Fusionetics (2018); Cargill + Descartes (2017), Allianz Life Ventures + Vestwell (2018) & Ladder (2018)

Added 7/13: US Bank + r3 (2018) ; UHG + Bind (2018) ; Inspectorio + Target & Ecolab (2018); UHG + Rally (2/2014); Securian + Gravie (2016)

Added 5/31: 3M + Propeller Health (2018)

Added 5/31: 3M + SEI (2014)Takadu (2013), VocalZoom (2012)

Added 5/24: Stella + Talix (2018)

Added 4/16: BCBS/Stella + Livio (2016)

Added 4/16: BCBS/Stella + Learn to Live (2015)

Related: Q&A With Tom Vanderheyden Of Stella /BCBSMN On Investing In HealthTech Startups (2018)

Added 4/16: Optum Ventures Leads $12m Round In Dublin’s LetsGetChecked (2018)

Related: Optum Names New CEO As Renfro Moves Over To Lead $250m VC Fund (2018)

Related: Optum’s Fund Balloons to $600k

Added 4/16: Mayo Ups Stake In DIY Genetic Testing Startup Helix (2018)

Added 2/28: Allianz Life Ventures + Gainfully (California) (2018)

Added 2/14/2018: Uponor + Phyn (California)

Added 2/6/2018: Toro + Greensight (Boston)

Added 1/31/2018: Cargill + Cainthus (Ireland)

Added 10/31/2017: Medtronic + Mazor Robotics (Israel)

As originally posted:

Mayo Makes Another Investment In Silicon Valley Startup AliveCor

Mayo Clinic Backs Software To Bring Cancer-Fighting Gene Therapies To Market

Mayo Clinic Backs AI Nurse Startup Sense.ly

Target + Techstars Retail Accelerator Announce The 2017 Class Of Startups

Target Leads $3.7m Round In Retail Tech Startup Inspectorio

Optum’s New VC Arm Invests $7.5M In HealthTech Startup SHYFT Analytics

Optum’s VC Arm Backs Mobile Data Startup Mindstrong Health

Optum + Buoy Health

Optum + Apervita

Allianz Life Ventures Makes A Strategic Investment In Fintech Startup Blooom

LifeYield – Follow-on Investment Announcement

Tomorrow raises $2.6M to help people buy life insurance, create wills, organize assets on an app

TechStars + Target Retail Alumnus Addstructure Closes $1.4m Led By Dundee

Minnetonka’s Medica Invests $34m In Mass IT Firm HealthEdge

Medtronic Puts Another $40m Into Mazor Robotics