Green Theme Technologies
Series B in 2022
Green Theme Technologies Inc is a developer of environmentally-friendly chemical technology focused on the finishing of textiles and nonwovens. Founded in 2012 and based in Rio Rancho, New Mexico, the company aims to innovate in the textile industry by creating products that surpass the performance of existing technologies while also eliminating water usage and reducing pollution. Green Theme Technologies is committed to sustainable practices and seeks to transform textile finishing processes through its advanced, dry technology solutions.
3D Glass Solutions
Series B in 2022
3D Glass Solutions, Inc. is a manufacturer of glass-based system-in-package (SiP) electronic packaging devices and components, specializing in the integration of electronic systems. Founded in 2006 and headquartered in Albuquerque, New Mexico, the company provides design consultation and prototyping services, catering primarily to integrated circuit manufacturers, photonic component suppliers, and defense contractors. Utilizing their patented APEX® Glass technology, 3D Glass Solutions offers a range of photo-definable components, including bandpass filters, gain antennas, discrete LC components, and impedance matching networks. Their innovative approach enables clients to integrate multiple components onto a single platform, resulting in reduced manufacturing costs and enhanced performance in industry-specific applications.
BayoTech is a company that develops and manufactures hydrogen generation systems, reformers, and steam methane reformers for agriculture, fuel cells, and the energy sector. Founded in 2015 and headquartered in Albuquerque, New Mexico, it focuses on low‑carbon hydrogen solutions that reduce transportation emissions and streamline supply chains through local production. The firm operates hydrogen hubs, including a site in Wentzville, Missouri, and a planned hub in Stockton, California, and builds high‑capacity, high‑pressure transport trailers at its Tulsa, Oklahoma facility. BayoTech offers a complete portfolio of hydrogen production, transport, storage, and fueling services, enabling clients to deploy reliable, cost‑effective, low‑carbon hydrogen fuel.
Founded in 2014, UbiQD specializes in manufacturing low-hazard quantum dots and nanocomposites. Its primary product is UbiGro, a luminescent film that enhances crop growth by optimizing sunlight within greenhouses.
BennuBio, Inc. is a technology company based in Albuquerque, New Mexico, that specializes in developing advanced flow cytometry equipment for cell analysis. Founded in 2018, BennuBio focuses on creating instruments capable of sorting and analyzing cells for rare cell applications, which include monitoring blood cells, detecting biomarkers, and facilitating drug discovery. Its flagship product, The Velocyt, enables users to detect rare events such as activated T cells and circulating tumor cells, making it valuable for personalized medicine. The company also offers spheroid generation systems and high-volume sorting systems, along with technical support and applications assistance. By allowing analysis across a wide range of particle sizes and sample volumes, BennuBio aims to enhance the capabilities of healthcare professionals in immuno-oncology treatment and diagnostics.
3D Glass Solutions
Series B in 2019
3D Glass Solutions, Inc. is a manufacturer of glass-based system-in-package (SiP) electronic packaging devices and components, specializing in the integration of electronic systems. Founded in 2006 and headquartered in Albuquerque, New Mexico, the company provides design consultation and prototyping services, catering primarily to integrated circuit manufacturers, photonic component suppliers, and defense contractors. Utilizing their patented APEX® Glass technology, 3D Glass Solutions offers a range of photo-definable components, including bandpass filters, gain antennas, discrete LC components, and impedance matching networks. Their innovative approach enables clients to integrate multiple components onto a single platform, resulting in reduced manufacturing costs and enhanced performance in industry-specific applications.
Robotic Skies
Series A in 2019
Robotic Skies, Inc. is a company that provides certification, maintenance, and repair services for commercial unmanned aircraft systems (UAS) and advanced air mobility (AAM) vehicles. Founded in 2013 and based in Albuquerque, New Mexico, Robotic Skies operates a global network of over 150 independently-owned repair stations with expertise in aviation maintenance. The company's services cater to a diverse range of clients, ensuring that UAS can operate safely, efficiently, and affordably. By collaborating with FAA-approved maintenance organizations that also service manned aircraft, Robotic Skies offers a comprehensive field service program designed to keep these aircraft productive and compliant with regulatory standards.
BennuBio, Inc. is a technology company based in Albuquerque, New Mexico, that specializes in developing advanced flow cytometry equipment for cell analysis. Founded in 2018, BennuBio focuses on creating instruments capable of sorting and analyzing cells for rare cell applications, which include monitoring blood cells, detecting biomarkers, and facilitating drug discovery. Its flagship product, The Velocyt, enables users to detect rare events such as activated T cells and circulating tumor cells, making it valuable for personalized medicine. The company also offers spheroid generation systems and high-volume sorting systems, along with technical support and applications assistance. By allowing analysis across a wide range of particle sizes and sample volumes, BennuBio aims to enhance the capabilities of healthcare professionals in immuno-oncology treatment and diagnostics.
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 risk effectively. The RiskSense Platform provides vulnerability prioritization and management, utilizing risk-based scoring and analytics to identify critical security weaknesses. It features services such as vulnerability assessments and attack surface validation, which help organizations discover misconfigurations and vulnerabilities, as well as assess potential infiltration paths used by cyber adversaries. By continuously correlating customer infrastructure with extensive vulnerability data and threat intelligence, RiskSense delivers actionable insights that prioritize remediation efforts and enhance overall security posture. Founded in 2006 and headquartered in Sunnyvale, California, with additional offices in Albuquerque, New Mexico, and India, RiskSense was previously known as CAaNES, LLC before rebranding in May 2015.
BayoTech is a company that develops and manufactures hydrogen generation systems, reformers, and steam methane reformers for agriculture, fuel cells, and the energy sector. Founded in 2015 and headquartered in Albuquerque, New Mexico, it focuses on low‑carbon hydrogen solutions that reduce transportation emissions and streamline supply chains through local production. The firm operates hydrogen hubs, including a site in Wentzville, Missouri, and a planned hub in Stockton, California, and builds high‑capacity, high‑pressure transport trailers at its Tulsa, Oklahoma facility. BayoTech offers a complete portfolio of hydrogen production, transport, storage, and fueling services, enabling clients to deploy reliable, cost‑effective, low‑carbon hydrogen fuel.
Robotic Skies
Seed Round in 2017
Robotic Skies, Inc. is a company that provides certification, maintenance, and repair services for commercial unmanned aircraft systems (UAS) and advanced air mobility (AAM) vehicles. Founded in 2013 and based in Albuquerque, New Mexico, Robotic Skies operates a global network of over 150 independently-owned repair stations with expertise in aviation maintenance. The company's services cater to a diverse range of clients, ensuring that UAS can operate safely, efficiently, and affordably. By collaborating with FAA-approved maintenance organizations that also service manned aircraft, Robotic Skies offers a comprehensive field service program designed to keep these aircraft productive and compliant with regulatory standards.
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 risk effectively. The RiskSense Platform provides vulnerability prioritization and management, utilizing risk-based scoring and analytics to identify critical security weaknesses. It features services such as vulnerability assessments and attack surface validation, which help organizations discover misconfigurations and vulnerabilities, as well as assess potential infiltration paths used by cyber adversaries. By continuously correlating customer infrastructure with extensive vulnerability data and threat intelligence, RiskSense delivers actionable insights that prioritize remediation efforts and enhance overall security posture. Founded in 2006 and headquartered in Sunnyvale, California, with additional offices in Albuquerque, New Mexico, and India, RiskSense was previously known as CAaNES, LLC before rebranding in May 2015.
SBA Materials
Series D in 2015
SBA Materials, Inc. is a company focused on the development and commercialization of advanced electronic materials specifically for back-end line and packaging applications in semiconductor manufacturing. Founded in 2001 and based in Albuquerque, New Mexico, the company specializes in low-k dielectric materials for interlayer dielectric applications, addressing critical needs in the semiconductor industry. Its product portfolio includes uLK22, uLK1X, optical films, and various nano-porous and meso-porous materials. These materials are designed with exceptional surface areas and can be chemically functionalized, enabling a broad range of applications from electronics to optics and sensors. The company operates from a facility within the Science and Technology Park, which houses research and development laboratories, offices, and meeting spaces, fostering innovation and collaboration with local institutions, including the University of New Mexico and Sandia National Laboratories.
Seamless Medical Systems
Venture Round in 2015
Seamless Medical Systems, LLC is a provider of cloud-based software and services aimed at enhancing front office operations for healthcare practices in the United States. Founded in 2010 and based in Santa Fe, New Mexico, the company offers various products designed to streamline patient engagement and communication. Its flagship platform, SNAP Practice, facilitates patient data capture, registration, and health education, while also enabling digital signature capture and integration with existing practice systems. Other offerings include SNAP EXPRESS, which features digital patient registration and personalized health education, and SNAP ENTERPRISE, which interfaces with electronic medical records and practice management systems. Additionally, the company provides SNAPedu, an education platform for patient information delivery at the point of care, and SNAPdash, a dashboard for monitoring practice registration workflows. Seamless Medical Systems aims to improve patient experiences and health literacy, ultimately contributing to better patient outcomes and reduced healthcare costs.
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. is a company focused on the development and commercialization of advanced electronic materials specifically for back-end line and packaging applications in semiconductor manufacturing. Founded in 2001 and based in Albuquerque, New Mexico, the company specializes in low-k dielectric materials for interlayer dielectric applications, addressing critical needs in the semiconductor industry. Its product portfolio includes uLK22, uLK1X, optical films, and various nano-porous and meso-porous materials. These materials are designed with exceptional surface areas and can be chemically functionalized, enabling a broad range of applications from electronics to optics and sensors. The company operates from a facility within the Science and Technology Park, which houses research and development laboratories, offices, and meeting spaces, fostering innovation and collaboration with local institutions, including the University of New Mexico and Sandia National Laboratories.
xF Technologies
Debt Financing in 2014
xF Technologies Inc. is a specialty chemicals manufacturer based in Albuquerque, New Mexico, founded in 2007. The company focuses on converting renewable biomass materials, such as cornstarch, sugarcane, and cellulosic biomass, into non-toxic renewable chemicals and biofuels. Its product offerings include various chemical compounds, such as methyl, ethyl, and isopropyl derivatives, along with plasticizers for the PVC market, cleaning solvents, and agricultural chemicals. xF Technologies employs a patented molecular platform to produce furaotes, which are designed to replace traditional petrochemical ingredients while providing similar or superior performance. This innovation allows for significant cost savings in formulations and enhances the environmental health and safety profile of the final products. The company aims to contribute to sustainability by recycling renewable waste biomass into valuable chemical products.
xF Technologies
Series A in 2014
xF Technologies Inc. is a specialty chemicals manufacturer based in Albuquerque, New Mexico, founded in 2007. The company focuses on converting renewable biomass materials, such as cornstarch, sugarcane, and cellulosic biomass, into non-toxic renewable chemicals and biofuels. Its product offerings include various chemical compounds, such as methyl, ethyl, and isopropyl derivatives, along with plasticizers for the PVC market, cleaning solvents, and agricultural chemicals. xF Technologies employs a patented molecular platform to produce furaotes, which are designed to replace traditional petrochemical ingredients while providing similar or superior performance. This innovation allows for significant cost savings in formulations and enhances the environmental health and safety profile of the final products. The company aims to contribute to sustainability by recycling renewable waste biomass into valuable chemical products.
xF Technologies
Series A in 2013
xF Technologies Inc. is a specialty chemicals manufacturer based in Albuquerque, New Mexico, founded in 2007. The company focuses on converting renewable biomass materials, such as cornstarch, sugarcane, and cellulosic biomass, into non-toxic renewable chemicals and biofuels. Its product offerings include various chemical compounds, such as methyl, ethyl, and isopropyl derivatives, along with plasticizers for the PVC market, cleaning solvents, and agricultural chemicals. xF Technologies employs a patented molecular platform to produce furaotes, which are designed to replace traditional petrochemical ingredients while providing similar or superior performance. This innovation allows for significant cost savings in formulations and enhances the environmental health and safety profile of the final products. The company aims to contribute to sustainability by recycling renewable waste biomass into valuable chemical products.
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., established in 2001, specializes in developing software applications that streamline engineering simulations. Headquartered in Cincinnati, Ohio, with additional offices globally, the company offers SimApps designed to automate modeling and simulation tasks, enabling users to evaluate design changes, collaborate across teams, and deploy practices to non-experts. Their products include Gearbox SimApps for performance optimization and a SimApp Authoring Workspace platform for CAE/simulation process automation. Comet Solutions serves industries such as space systems, consumer products, electronics, and automotive, providing services like training and consulting in addition to their software offerings. As of September 2018, the company operates as a subsidiary of Aras Corporation.
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, headquartered in Albuquerque, New Mexico, is a company specializing in the production of silicon photovoltaic cell-to-module technology. They focus on developing intellectual property for advanced, high-energy silicon photovoltaic solutions. Advent Solar's patented technologies enable the creation of high-value solar products that are both efficient and aesthetically pleasing. The company offers its industry-leading Ventura Technology through a licensing model, providing a comprehensive architecture for high-performance solar modules that deliver exceptional value in the silicon PV market.