Sun Mountain Capital

Sun Mountain Capital, established in 2006, is a private equity firm headquartered in Santa Fe, New Mexico. It specializes in providing equity and debt investments to promising companies across the United States. The firm's team, with experience dating back to 1981, has a proven track record in private equity, having previously worked at top-tier firms such as Credit Suisse, Morgan Stanley, and GE Capital. Sun Mountain Capital offers customized private equity solutions to pension plans and other institutional investors, tailoring strategies to meet their specific investment goals.

Kevin Barber

Managing Director at Sun Mountain Capital

Sally Corning

Partner

Catriona Forrester

Managing Director and Member of the Mexico Ventures III Investment Committee

Hal Hayden

Partner, Private Credit and Investment Committee Member

Lee Rand

Partner

Past deals in New Mexico

Green Theme Technologies

Series B in 2022
Green Theme Technologies Inc is a company that specializes in developing environmentally-friendly chemical technology for the finishing of textiles and nonwovens. Founded in 2012 and based in Rio Rancho, New Mexico, the company focuses on creating innovative products that enhance performance while significantly reducing water usage and pollution associated with traditional textile finishing processes. By prioritizing sustainability, Green Theme Technologies aims to revolutionize the textile industry with its advanced solutions.

BayoTech

Series C in 2021
BayoTech, Inc. is a company specializing in the development and manufacture of hydrogen generation systems, including steam methane reformers. Founded in 2015 and based in Albuquerque, New Mexico, BayoTech focuses on advancing hydrogen innovation and sustainability by providing low-carbon hydrogen solutions aimed at reducing transportation emissions and optimizing the supply chain through local production. The company operates a network of hydrogen production hubs, known as BayoGaaS® Hydrogen Hubs, with sites in Wentzville, Missouri, and an upcoming facility in Stockton, California. Additionally, BayoTech manufactures high-capacity, high-pressure transport trailers in Tulsa, Oklahoma, to ensure safe and reliable distribution of hydrogen. The company's comprehensive portfolio includes solutions for hydrogen production, transport, storage, and fueling, making low-carbon hydrogen accessible and cost-effective for various sectors, including agriculture, fuel cells, and energy.

UbiQD

Series A in 2020
UbiQD, LLC is a cleantech materials company based in Los Alamos, New Mexico, that specializes in the production of low-hazard quantum dots and nanocomposites. Founded in 2014, UbiQD aims to make its innovative materials widely accessible for various applications, including agriculture, safety, design, solar energy, lighting, security, and personal care. The company offers UbiGro, a retrofit luminescent film designed to enhance crop growth by optimizing sunlight in greenhouses. UbiQD's low-toxicity quantum dots are engineered to efficiently convert light from one color to another, making them suitable for a range of industries while adhering to safety standards. The firm's strategic location near Los Alamos and Sandia National Laboratory facilitates valuable collaborations with leading scientists, furthering its mission to advance nanomaterial production and application.

BennuBio

Series B in 2020
BennuBio, Inc. is a technology company specializing in the development of flow cytometry equipment designed for the sorting and analysis of cells and particles in various applications, particularly those requiring the recovery of rare cells. The company offers The Velocyt system, which enables the detection of rare events such as activated T cells, circulating tumor cells, and fetal cells in maternal blood, supporting advancements in personalized medicine and drug discovery. Additionally, BennuBio provides spheroid generation systems and high-volume sorting systems, along with technical and application support services. Founded in 2018 and based in Albuquerque, New Mexico, BennuBio focuses on delivering innovative cell analysis solutions that accommodate a wide range of sample sizes and particle dimensions.

Robotic Skies

Series A in 2019
Robotic Skies, Inc. is a provider of maintenance and repair services for commercial unmanned aircraft systems (UAS) and advanced air mobility aircraft (AAM). Founded in 2013 and based in Albuquerque, New Mexico, the company operates a global network of over 150 independently-owned repair stations. These stations are staffed by aviation professionals with expertise in maintaining both manned and unmanned aircraft, ensuring high standards of safety and efficiency. Robotic Skies offers a comprehensive field service program designed to keep UAS fleets operational and compliant with aviation regulations. This approach enables it to deliver specialized certification, maintenance, and repair services to emerging commercial drone operators worldwide.

BennuBio

Series A in 2018
BennuBio, Inc. is a technology company specializing in the development of flow cytometry equipment designed for the sorting and analysis of cells and particles in various applications, particularly those requiring the recovery of rare cells. The company offers The Velocyt system, which enables the detection of rare events such as activated T cells, circulating tumor cells, and fetal cells in maternal blood, supporting advancements in personalized medicine and drug discovery. Additionally, BennuBio provides spheroid generation systems and high-volume sorting systems, along with technical and application support services. Founded in 2018 and based in Albuquerque, New Mexico, BennuBio focuses on delivering innovative cell analysis solutions that accommodate a wide range of sample sizes and particle dimensions.

RiskSense

Series B in 2018
RiskSense, Inc. specializes in cyber risk management solutions, offering a cloud-based platform that enables organizations to assess and manage their cybersecurity risks effectively. The RiskSense Platform allows users to evaluate their cyber risk exposure across a broad attack surface, orchestrate remediation efforts, and monitor outcomes. Key services include RiskSense Vulnerability Discovery, which provides regular vulnerability assessments to identify security weaknesses, and RiskSense Attack Surface Validation, which assesses vulnerabilities that could be exploited by cyber adversaries. The platform employs risk-based scoring and analytics to present a comprehensive view of cybersecurity risks, allowing organizations to prioritize remediation activities based on critical security weaknesses. Founded in 2006 and headquartered in Sunnyvale, California, RiskSense also has offices in Albuquerque, New Mexico, and India.

BayoTech

Series B in 2018
BayoTech, Inc. is a company specializing in the development and manufacture of hydrogen generation systems, including steam methane reformers. Founded in 2015 and based in Albuquerque, New Mexico, BayoTech focuses on advancing hydrogen innovation and sustainability by providing low-carbon hydrogen solutions aimed at reducing transportation emissions and optimizing the supply chain through local production. The company operates a network of hydrogen production hubs, known as BayoGaaS® Hydrogen Hubs, with sites in Wentzville, Missouri, and an upcoming facility in Stockton, California. Additionally, BayoTech manufactures high-capacity, high-pressure transport trailers in Tulsa, Oklahoma, to ensure safe and reliable distribution of hydrogen. The company's comprehensive portfolio includes solutions for hydrogen production, transport, storage, and fueling, making low-carbon hydrogen accessible and cost-effective for various sectors, including agriculture, fuel cells, and energy.

Robotic Skies

Seed Round in 2017
Robotic Skies, Inc. is a provider of maintenance and repair services for commercial unmanned aircraft systems (UAS) and advanced air mobility aircraft (AAM). Founded in 2013 and based in Albuquerque, New Mexico, the company operates a global network of over 150 independently-owned repair stations. These stations are staffed by aviation professionals with expertise in maintaining both manned and unmanned aircraft, ensuring high standards of safety and efficiency. Robotic Skies offers a comprehensive field service program designed to keep UAS fleets operational and compliant with aviation regulations. This approach enables it to deliver specialized certification, maintenance, and repair services to emerging commercial drone operators worldwide.

RiskSense

Series A in 2017
RiskSense, Inc. specializes in cyber risk management solutions, offering a cloud-based platform that enables organizations to assess and manage their cybersecurity risks effectively. The RiskSense Platform allows users to evaluate their cyber risk exposure across a broad attack surface, orchestrate remediation efforts, and monitor outcomes. Key services include RiskSense Vulnerability Discovery, which provides regular vulnerability assessments to identify security weaknesses, and RiskSense Attack Surface Validation, which assesses vulnerabilities that could be exploited by cyber adversaries. The platform employs risk-based scoring and analytics to present a comprehensive view of cybersecurity risks, allowing organizations to prioritize remediation activities based on critical security weaknesses. Founded in 2006 and headquartered in Sunnyvale, California, RiskSense also has offices in Albuquerque, New Mexico, and India.

SBA Materials

Series D in 2015
SBA Materials, Inc. specializes in the development and commercialization of advanced electronic materials tailored for the semiconductor manufacturing industry, particularly in back-end of line and packaging applications. Founded in 2001 and based in Albuquerque, New Mexico, the company focuses on low-k dielectric materials for interlayer dielectric applications, addressing significant needs in the sector. Its product offerings include uLK22, uLK1X, and various optical films, along with nano-porous and meso-porous materials. These materials can be utilized in diverse forms such as thin films, powders, and fibers, and can be chemically functionalized for applications in electronics, optics, sensors, and catalysts. The company operates from a facility at the Science and Technology Park, which features R&D laboratories and is strategically located near the University of New Mexico and the Sandia National Laboratories Materials Research Center. SBA Materials aims to enhance the performance of electronic devices while reducing power consumption, thereby supporting manufacturers in producing more efficient logic chips.

Seamless Medical Systems

Venture Round in 2015
Seamless Medical Systems, LLC specializes in developing cloud-based software and services aimed at enhancing the operational efficiency of physician practices while improving patient communication. Its flagship product, SNAP Practice, serves as a comprehensive patient engagement platform that facilitates data capture, registration, and health education. The company also offers SNAP EXPRESS, a patient engagement tool that includes features such as digital registration and personalized health education, as well as SNAP ENTERPRISE, which integrates with electronic medical records and practice management systems. Additional offerings include SNAPedu, an educational platform delivering health information at the point of care, and SNAPdash, a dashboard providing insights into patient registration workflows. Seamless Medical Systems caters to a diverse range of healthcare practitioners across the United States, and is based in Santa Fe, New Mexico. The company was incorporated in 2010 and operates as a subsidiary of GetWellNetwork, Inc.

Aspen Avionics

Venture Round in 2014
Aspen Avionics, headquartered in Albuquerque, New Mexico, was established in 2004 by a group of aviation enthusiasts. The company focuses on developing advanced avionics products aimed at enhancing situational awareness and reducing pilot workload in general aviation. Aspen Avionics offers affordable solutions that allow aircraft owners to upgrade traditional primary flight instruments to modern glass cockpit technology without incurring significant costs or complicated installation processes. Its products are designed to improve safety and ease of flying in both visual and instrument flight rules conditions.

SBA Materials

Series C in 2014
SBA Materials, Inc. specializes in the development and commercialization of advanced electronic materials tailored for the semiconductor manufacturing industry, particularly in back-end of line and packaging applications. Founded in 2001 and based in Albuquerque, New Mexico, the company focuses on low-k dielectric materials for interlayer dielectric applications, addressing significant needs in the sector. Its product offerings include uLK22, uLK1X, and various optical films, along with nano-porous and meso-porous materials. These materials can be utilized in diverse forms such as thin films, powders, and fibers, and can be chemically functionalized for applications in electronics, optics, sensors, and catalysts. The company operates from a facility at the Science and Technology Park, which features R&D laboratories and is strategically located near the University of New Mexico and the Sandia National Laboratories Materials Research Center. SBA Materials aims to enhance the performance of electronic devices while reducing power consumption, thereby supporting manufacturers in producing more efficient logic chips.

xF Technologies

Debt Financing in 2014
xF Technologies Inc. specializes in the production of specialty chemicals by converting renewable biomass materials, such as cornstarch and sugarcane, into nontoxic and sustainable chemical products. The company offers a range of products, including methyl, ethyl, and isopropyl compounds, as well as plasticizers for the PVC market and various solvents for cleaning and processing applications. Additionally, xF Technologies develops innovative biofuels and petrochemical replacements through its patented molecular platform, which enhances environmental performance while providing cost savings. Founded in 2007 and headquartered in Albuquerque, New Mexico, the company aims to deliver solutions that improve environmental health and safety ratings across various industries, including agriculture, personal care, and paints and coatings.

xF Technologies

Series A in 2014
xF Technologies Inc. specializes in the production of specialty chemicals by converting renewable biomass materials, such as cornstarch and sugarcane, into nontoxic and sustainable chemical products. The company offers a range of products, including methyl, ethyl, and isopropyl compounds, as well as plasticizers for the PVC market and various solvents for cleaning and processing applications. Additionally, xF Technologies develops innovative biofuels and petrochemical replacements through its patented molecular platform, which enhances environmental performance while providing cost savings. Founded in 2007 and headquartered in Albuquerque, New Mexico, the company aims to deliver solutions that improve environmental health and safety ratings across various industries, including agriculture, personal care, and paints and coatings.

xF Technologies

Series A in 2013
xF Technologies Inc. specializes in the production of specialty chemicals by converting renewable biomass materials, such as cornstarch and sugarcane, into nontoxic and sustainable chemical products. The company offers a range of products, including methyl, ethyl, and isopropyl compounds, as well as plasticizers for the PVC market and various solvents for cleaning and processing applications. Additionally, xF Technologies develops innovative biofuels and petrochemical replacements through its patented molecular platform, which enhances environmental performance while providing cost savings. Founded in 2007 and headquartered in Albuquerque, New Mexico, the company aims to deliver solutions that improve environmental health and safety ratings across various industries, including agriculture, personal care, and paints and coatings.

Aspen Avionics

Series C in 2012
Aspen Avionics, headquartered in Albuquerque, New Mexico, was established in 2004 by a group of aviation enthusiasts. The company focuses on developing advanced avionics products aimed at enhancing situational awareness and reducing pilot workload in general aviation. Aspen Avionics offers affordable solutions that allow aircraft owners to upgrade traditional primary flight instruments to modern glass cockpit technology without incurring significant costs or complicated installation processes. Its products are designed to improve safety and ease of flying in both visual and instrument flight rules conditions.

Comet Solutions

Series C in 2012
Comet Solutions, Inc. specializes in developing engineering simulation applications aimed at enhancing the automation of modeling and simulation tasks in product development. Founded in 2001 and headquartered in Cincinnati, Ohio, the company offers a range of software solutions, including SimApps and Gearbox SimApps, which allow manufacturers to conduct "what if?" analyses, assess design modifications, and optimize performance across various domains such as acoustics, dynamics, durability, and cost management. These applications facilitate collaboration among design and engineering teams by enabling non-experts to perform simulations and adhere to best practices. Additionally, Comet Solutions provides a process automation platform for computer-aided engineering (CAE), simulation templates, and consulting services. Its products cater to diverse industries, including space systems, consumer products, electronics, and automotive applications. Comet Solutions also maintains offices in Albuquerque, New Mexico; Troy, Michigan; Shanghai, China; and India.

Skorpios Technologies

Series B in 2011
Skorpios Technologies, Inc. is a fabless semiconductor company based in Albuquerque, New Mexico, specializing in silicon photonic integrated circuit products. Founded in 2009, the company develops and markets a range of opto-electronic integrated circuits, including 100G-CWDM system-on-chip receivers and transmitters. Skorpios Technologies also offers innovative solutions such as Template Assisted Bonding, which supports high-speed video, data, and voice communications across networking, cloud computing, storage, and cable TV applications. Additionally, the company provides gain materials, wafer-scale processes, uncooled tunable laser technology, and coherent transceiver devices. By designing and manufacturing integrated optical modules and subsystems, Skorpios enables high-bandwidth interconnectivity at competitive manufacturing costs, serving various sectors including aerospace and defense, bioelectronics, and communications.

Aspen Avionics

Series B in 2007
Aspen Avionics, headquartered in Albuquerque, New Mexico, was established in 2004 by a group of aviation enthusiasts. The company focuses on developing advanced avionics products aimed at enhancing situational awareness and reducing pilot workload in general aviation. Aspen Avionics offers affordable solutions that allow aircraft owners to upgrade traditional primary flight instruments to modern glass cockpit technology without incurring significant costs or complicated installation processes. Its products are designed to improve safety and ease of flying in both visual and instrument flight rules conditions.

Advent Solar

Series D in 2007
Advent Solar, based in Albuquerque, New Mexico, specializes in the production of silicon photovoltaic cells and modules. The company focuses on advanced technology that enhances the efficiency and design of solar energy solutions. Through its patented Ventura Technology, Advent Solar offers a comprehensive cell-to-module architecture that aims to deliver high-performance solar modules with significant value. The company operates a licensing model to distribute its innovative intellectual property, positioning itself as a leader in the solar industry. Advent Solar is committed to advancing solar technology and improving smart grid economics through its cutting-edge products.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.