Daniel Ateya, senior manager for 3M Ventures, the corporate venturing arm of manufacturing conglomerate 3M, and head of 3M’s Silicon Valley team since January 2015, has left.
He said: “I am thankful for the opportunity to work with so many great people, and I am proud of what we built together for the company! I will begin another exciting adventure at the end of the month and will post an update soon.”
For his GCV Emerging Leader award profile last year Ateya said: “The journey began by helping establish a new CVC strategy with 3M Ventures leadership in 2015. Since then, we have built a portfolio of 35 innovative companies, of which I have helped lead 12 strategically aligned investments in companies that have gone on to raise over $150m in subsequent financing rounds.
“Beyond just the investments, we have driven strong collaboration between internal divisions and our portfolio companies; driving 3M sales associated with collaboration and strong balance sheet gains in the portfolio.”
