M31 accelerates and supports technology startups to monetise the value of intellectual property and scientific research. M31 also offers design and technology services in the area of control systems to accelerate the development of innovative products for its customers.

The companies developed and supported by M31 have a strong component of intellectual property and many are already on the market.

TT Venture invested in February 2010 to support the growth of the project and exited in 2020.