Albuquerque, NM, May 20, 2025 (GLOBE NEWSWIRE) — A recent foundational report put together by a leading angel investor group shows capital investment in New Mexico has seen unprecedented growth in recent years as the state’s sovereign wealth fund continues to commit significant dollars to impactful venture funds.
New Mexico Angels, New Mexico’s premier organization of angel investors supporting startups and high growth companies in the state, on May 14 brought together leading startup and investor voices in the state to showcase the results of their groundbreaking “2024 New Mexico Venture Capital Report.”
The 27-page report highlights the recent growth of venture capital in New Mexico. Its key findings include the following:
- Capital investment in New Mexico startups has grown significantly, with a CAGR of 90% over the last four years.
- Deal count of identified venture investments in New Mexico has increased by 500%.
- Venture investing is taking place across a wide range of business sectors in the state. Bioscience at 40% leads by dollar volume, with aerospace, technology, and healthcare next, accounting for 40% combined.
- Exits remain low in New Mexico compared to other states like Colorado and Michigan.
- Pre-seed and Seed activity in New Mexico is robust, with decreased numbers from Series A to Series C rounds.
The report finds that much of the state’s recent investment growth has backed promising companies, facilitated by meaningful local and national relationships. Further, the New Mexico State Investment Council, the state’s sovereign wealth fund that has …