ABQid

ABQid is a New Mexico-based organization founded in 2014 that operates a twelve-week accelerator program designed for early-stage ventures, particularly in the healthcare and technology sectors. The program emphasizes customer discovery and validation, aiming to equip entrepreneurs with the necessary skills to develop validated business models and prepare for funding. ABQid's mentorship focuses on fostering integrity, accountability, communication, and commitment among participants. By nurturing startups, ABQid seeks to enhance the entrepreneurial ecosystem in Albuquerque and contribute to the local economy. The accelerator program is an opportunity for promising companies to gain guidance and resources as they navigate the challenges of early-stage business development.

TJ Cook

Executive Director, Fund Manager

4 past transactions

Kane Robotics

Seed Round in 2019
Kane Robotics, Inc. is a company that develops robotic systems specifically for the aerospace and defense industry, headquartered in Albuquerque, New Mexico. Founded in 2019, it focuses on delivering innovative, low-cost automation solutions tailored to high-mix, low-volume production needs. The company offers cobot-based systems for various manufacturing processes, including sanding, grinding, finishing, drilling, epoxy dispensing, and machine tending. By providing standardized, off-the-shelf automation solutions, Kane Robotics aims to enhance productivity and reduce costs for aerospace manufacturers while allowing skilled workers to concentrate on more complex tasks.

X-Bow Launch Systems

Seed Round in 2019
X-Bow Launch Systems Inc., located in Albuquerque, New Mexico, specializes in the production of advanced solid rocket motors and hypersonic technologies for both commercial and government applications. The company provides a comprehensive service that encompasses the design, testing, and launching of solid propellant systems. Utilizing additive manufacturing technology, X-Bow develops customizable and cost-effective rocket motors, positioning itself as an innovative player in the aerospace industry.

Fetch Delivery

Angel Round in 2014
Fetch Delivery Inc. is a mobile application-based company that provides local delivery services, facilitating the connection between customers and businesses in their communities. Established in 2013 and headquartered in Santa Fe, New Mexico, Fetch Delivery allows users to order a variety of items, including groceries, pharmacy products, laundry services, and food from local restaurants and shops. The platform aims to enhance convenience for customers while helping local businesses increase their sales by reaching a broader customer base. Through its user-friendly service, Fetch Delivery addresses the growing demand for on-demand delivery solutions in urban environments.

Peptineo

Seed Round in 2014
Peptineo, LLC is a biotechnology company based in Albuquerque, New Mexico, specializing in the development, marketing, and licensing of innovative drug discovery, delivery, and stabilization technologies. Founded in 2011, the company focuses on a range of products, including aerosolized antibiotics designed to treat infections associated with cystic fibrosis and ventilator-associated pneumonia, as well as topical antibiotics for conditions such as MRSA. Peptineo is also advancing nucleic acid vaccines targeting norovirus and providing aerosolized antimicrobial agents for wound care. The company engages in research on therapeutic peptides, reformulation of existing drugs, and the development of hybrid compounds that combine recombinant biological proteins with traditional chemical entities. Additionally, Peptineo offers consulting services in biotechnology and pharmaceutical research, alongside outsourced research and development for new biological compounds. Through its systems-based approach, Peptineo aims to enhance and accelerate the drug discovery process using advanced technologies such as tunable nano-carriers and engineered peptides.
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