New Mexico Community Capital

New Mexico Community Capital, LLC is a private equity and venture capital firm established in 2004 and based in Albuquerque, New Mexico. The firm specializes in providing early and growth capital to small businesses, particularly those in rural and underserved areas of New Mexico. It focuses on sectors such as avionics, cleantech, energy, healthcare, information technology, water, food and agriculture, and sustainable energy. New Mexico Community Capital typically invests between $0.5 million and $1 million per portfolio company, with a preference for firms that have been operational for at least two years, employ more than five people, and have generated at least $0.5 million in sales over the past year. The firm seeks to be a lead investor and often takes a board seat in its portfolio companies, aiming for exits through sales, IPOs, or other recapitalization strategies. It avoids investing in sectors such as gambling, liquor, and real estate. At least 40 percent of its investments are made outside the larger metropolitan areas of Albuquerque, Santa Fe, and Los Alamos.

Elizabeth Gamboa

Executive Director

CJ Moya

Consultant

Thad Porch

Consultant

J. Michael Schafer

Managing Director

Richard P. Schneider

Managing Director

Past deals in New Mexico

Intellicyt

Venture Round in 2015
IntelliCyt Corporation specializes in developing and marketing high-throughput cell and bead-based screening solutions for the life sciences sector. Established in 2006 and based in Albuquerque, New Mexico, the company offers innovative products, including the iQue Screener platform, which integrates instruments, software, and reagents for high-content multiplexed analysis of cell and bead samples. IntelliCyt's ForeCyt software facilitates data visualization and analysis, while its MultiCyt screening kits provide essential reagents for use with iQue Screeners. These solutions significantly enhance the speed and cost-effectiveness of detecting and measuring cells, catering to the needs of pharmaceutical and biotechnology companies, as well as medical research institutions. By combining flow cytometry with patented sample processing technology, IntelliCyt has created a platform that accelerates suspension cell assays, enabling researchers to achieve higher productivity in drug discovery, antibody development, and toxicology studies. The company also provides installation, training, and technical support services to its clients. IntelliCyt operates as a subsidiary of Sartorius AG.

Intellicyt

Venture Round in 2013
IntelliCyt Corporation specializes in developing and marketing high-throughput cell and bead-based screening solutions for the life sciences sector. Established in 2006 and based in Albuquerque, New Mexico, the company offers innovative products, including the iQue Screener platform, which integrates instruments, software, and reagents for high-content multiplexed analysis of cell and bead samples. IntelliCyt's ForeCyt software facilitates data visualization and analysis, while its MultiCyt screening kits provide essential reagents for use with iQue Screeners. These solutions significantly enhance the speed and cost-effectiveness of detecting and measuring cells, catering to the needs of pharmaceutical and biotechnology companies, as well as medical research institutions. By combining flow cytometry with patented sample processing technology, IntelliCyt has created a platform that accelerates suspension cell assays, enabling researchers to achieve higher productivity in drug discovery, antibody development, and toxicology studies. The company also provides installation, training, and technical support services to its clients. IntelliCyt operates as a subsidiary of Sartorius AG.

Aspen Avionics

Series C in 2012
Aspen Avionics, based in Albuquerque, New Mexico, was founded by aviation enthusiasts in 2004. The company specializes in bringing the most advanced technology and capability into general aviation cockpits. Its products increase situational awareness and reduce pilot workload, making it even easier and safer to fly in both VFR and IFR conditions. The company’s philosophy is that getting the latest avionics technology shouldn’t always mean spending a lot of money—on equipment or on installation.

Wellkeeper

Venture Round in 2007
Wellkeeper, Inc. specializes in remote monitoring services tailored for independent oil and gas operators, primarily located in Texas, New Mexico, and Oklahoma. Founded in 2001 and headquartered in Albuquerque, New Mexico, the company utilizes a web interface to deliver a range of services, including remote pump control, alarm support, and monitoring of tanks, equipment, wellheads, and saltwater disposal sites. Additionally, Wellkeeper has established sales offices in Midland, Texas, and Denver and Dallas, Colorado. As of August 2019, Wellkeeper operates as a subsidiary of Noralta Technologies Inc.

TruTouch Technologies

Venture Round in 2005
TruTouch Technologies, Inc. specializes in the development, manufacture, and marketing of noninvasive alcohol testing systems designed for various applications, including workplace safety, law enforcement, and medical diagnostics. The company's flagship product, the TruTouch biometric alcohol sensor, utilizes light to measure blood alcohol content while confirming the identity of the user through biometric verification. TruTouch Technologies offers solutions tailored for sectors such as energy, transportation, warehousing, and community safety. Founded in 2005, the company operates from Sudbury, Massachusetts, with a dedicated research and development center located in Riverside, California. The innovative technology aims to enhance safety and compliance by providing accurate and reliable alcohol testing without the need for invasive procedures.

Advent Solar

Series B in 2004
Advent Solar produces silicon photovoltaic cell-to-module technology. Based in Albuquerque, New Mexico, U.S.A., the company focuses on delivering intellectual property (IP) for intelligent, high-energy silicon photovoltaic (PV) solutions. With patented, advanced technologies, Advent Solar enables higher value products that are Beautiful by Design™, changing the rules for smart grid economics. Advent Solar provides its industry-leading Ventura™ Technology through a licensing model. Ventura Solar Technology is a comprehensive cell-to-module architecture for high-performance solar modules that deliver the industry’s best value for silicon PV modules.