In the News

New Mexico Vintage Fund II Closes $1.5M In Investments

August 24, 2023
Posted in

By  Carol A Clark,  Los Alamos Daily Post New Mexico Vintage Fund 2023, a partner fund of New Mexico Angels, has expanded and added new investees. In just two months, more than $1.5 million has been raised, and the fund has provided funding for BioFlyte, an Albuquerque-based disinfectant biotech startup that recently expanded into a…

Read More

Partnership with public solar company largest deal yet for this Los Alamos startup

August 17, 2023
Posted in

By Jacob Maranda,  New Mexico Inno Hunter McDaniel sees big potential in New Mexico’s growing solar industry for his nanotechnology startup, UbiQD. Striking a partnership deal with one of U.S.’s largest solar companies could be an important step toward realizing that potential, the startup’s CEO said. UbiQD, based in Los Alamos, announced Tuesday it had…

Read More

Celebrity partnership latest piece of traction for this Albuquerque apparel startup

August 10, 2023
Posted in

By Jacob Maranda,  New Mexico Inno An apparel company and brand with Albuquerque roots that makes “queer by design” clothing is hitting stride thanks to recent marketing traction — including a partnership with a television celebrity and some national media recognition. Both&, the apparel company and clothing brand, sells clothes for transmasculine and non-binary people.…

Read More

BabyQuip and Ubiqd named one of the fastest growing companies in New Mexico

August 10, 2023
Posted in

By Meagan Nichols,  Albuquerque Business First Company growth is an accomplishment. But to see sustained growth over a multi-year period, that deserves recognition. Each year, Albuquerque Business First does exactly that via its Fastest Growing Companies Awards. To be eligible for this annual accolade, New Mexico companies had to experience overall revenue growth from 2020…

Read More

Parting Stone settles into new reality after ‘Shark Tank’ appearance

August 9, 2023
Posted in

By Jacob Maranda,  New Mexico Inno Reporter About four months on from his appearance on the hit investor TV show “Shark Tank,” the CEO of Santa Fe-based death care startup Parting Stone said his company has seen a “general increase in everything” across the business as it enters what he called a “new normal” for…

Read More

Kevin Eckenrode Hired at New Mexico Angels

August 2, 2023
Posted in

Via Albuquerque Business First New Mexico Angels, the state’s only group of individual accredited angel investors focused on funding early-stage and high growth companies in the Southwest, announces the addition of Kevin Eckenrode to their team as Analyst. Eckenrode is an Associate at Marion Street Capital, which partners with Seed-Series C stage startups on strategic…

Read More

New Mexicans to Know: Frankie Hermosillo wants to be an ambassador for the New Mexico Angels

July 20, 2023
Posted in

Via New Mexico Inno Frankie Hermosillo is an ambassador of sorts for New Mexico, and Albuquerque more specifically — so much so that she’s inspired several acquaintances to pick up shop and relocate to the Duke City. Much of Hermosillo’s ambassadorial work over the past decade and a half has been in the realm of…

Read More

Frankie Hermosillo Hired at New Mexico Angels

July 17, 2023
Posted in

Via Albuquerque Business First New Mexico Angels, the state’s only group of individual accredited angel investors focused on funding early-stage and high growth companies in the Southwest, announces Frankie Hermosillo as its Development Associate. With a strong background in business development and a passion for driving growth and fostering innovation, Hermosillo brings valuable expertise and…

Read More

New Mexico Angels Announces New Battery Technology Seeking Seed Investment

July 15, 2023
Posted in

Via GlobeNewswire As the push continues for more electric vehicles, renewable energy storage solutions and reducing dependency on fossil fuels, a new technology out of the University of New Mexico is providing investment opportunities. New Mexico-based Flow Aluminum, Inc. has developed a groundbreaking high-performance battery technology: a revolutionary innovation that not only surpasses traditional energy…

Read More

Impact of net working capital in private capital market investments

July 15, 2023
Posted in ,

By Brian Foltyn,  REDW In the first quarter of 2023, the U.S. economy grew more slowly than its pre-pandemic low. The banking crisis affected the stock and bond markets, and the housing market continued to slow from high interest rates. Such macroeconomic factors can affect the private and public capital markets. While the New Mexico…

Read More