Enosemi acquired by AMD: New Mexico fund scores big win – Albuquerque Business First
By Molly Callaghan | Albuquerque Business First | June 22, 2025
Enosemi, a startup and a portfolio company of the New Mexico Vintage Fund, has been acquired by publicly traded company AMD.
Enosemi offeris photonic-electronic design IP and custom silicon and will help AMD (NASDAQ: AMD) scale and develop photonics and co-packaged optics solutions across AI systems, according to a news release.
The New Mexico Vintage Fund’s third investment fund, Fund III, launched in September 2024, according to previous Business First reporting, and Enosemi was one of the seven companies in which the fund invested, as were Space Kinetic, RS21, UbiQD, Green Theme Technologies, Breezy Med and Rest.
“They’re doing chip designs, and with the rise of Nvidia and AMD and Intel and all of these data centers coming online, everybody’s trying to make a chip smaller, better designed, more efficient, and we believe that Enosemi and Matt and his team were the ones that could could do it as well as anybody,” Clancy said.
Enosemi is headquartered in Sacramento, California, where its staff is located. Matt Streshinsky, co-founder and CEO of Enosemi, resides in Taos and met the New Mexico Angels at an event there, joining the organization soon after, which is how he connected with the New Mexico Vintage Fund.
