3M makes ‘strategic investment’ in asTech

3M has made a ‘strategic investment’ in Repairify Inc operating as asTech – experts in remote scanning, programming, and calibration services to the automotive aftermarket industry. 

The investment from 3M will help Repairify further expand and accelerate its proprietary tools, technology and service offerings across the Americas and Europe.   

Terms and conditions of the investment have been kept confidential and future collaboration is to be announced.

“The 3M strategic investment in Repairify enables us to accelerate our solutions and offerings across the entire automotive ecosystem,” stated Cris Hollingsworth, President of Repairify Inc regarding the investment.

“We seek to make strategic investments that will advance our innovation and growth,” said Ben Wright, Director, 3M Ventures. “We are moving rapidly to an even more digital-first world, and we see those shifts in the automotive aftermarket. This investment signifies our continued commitment to advance the digitization of 3M as well as of the customers we serve. “

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