Flywheel Ventures is a Santa Fe-based venture capital firm that funds seed to early-stage technology companies, with a regional emphasis on the Southwest and Rocky Mountain states. The firm backs information technology, software and related sectors, including B2B products, software-as-a-service, semiconductors, networking, data services, and other technology domains, and seeks to invest in companies with solutions addressing global IT and urban systems challenges. It maintains offices in Albuquerque and San Francisco and typically acts as a lead investor, aiming to take a board seat and to syndicate for follow-on financing. While focused on the United States, its regional roots are in New Mexico, Colorado and Arizona, with investment activity also in California. Flywheel pursues seed-to-early-stage opportunities and up to growth capital for portfolio companies, collaborating with other firms to support scale.

Cottonwood Technology Fund is a venture capital firm based in Santa Fe, New Mexico, focused on high-tech and deep-tech investments. It backs early-stage startups in photonics, optics, micro- and nanoelectronics, nanotechnology, sensor technology, health sciences and medtech, climate tech, energy transition, advanced materials, robotics, telecom, automotive, and related sectors. The firm targets opportunities in the Southwestern United States and Northern Europe and operates as a registered investment adviser.

New Mexico Angels is an angel investment group and private membership organization based in Albuquerque, founded in 1999. It brings together qualified angel investors to invest in seed and early-stage companies in New Mexico and the Southwest, with a focus on information technology sectors and a goal of delivering strong financial returns while accelerating portfolio companies toward market leadership.

Tramway Ventures is a venture capital firm based in Albuquerque, New Mexico. Founded in 2017, it focuses on investments in information technology, life sciences, and healthcare.

Crosslink Capital is a venture capital and growth equity firm founded in 1989 and based in Menlo Park, California. It focuses on private and public equity investments in technology and media sectors across the United States, supporting both early-stage and growth opportunities in enterprise and consumer technology. The firm partners with founders to back category creators and market disruptors from seed to later stages, helping portfolio companies scale and achieve strategic milestones. Crosslink maintains a diversified portfolio that includes software, digital media, internet services, and related TMT companies, with a track record of supporting companies that have achieved significant outcomes such as acquisitions or public listings.

Established in 2021, GOS Capital is an independent venture capital firm headquartered in Albuquerque, New Mexico. It focuses on investing across various stages of growth, from seed to later stage companies.

Lockheed Martin Ventures, established in 2014, is a venture capital arm of Lockheed Martin Corporation. It focuses on investing in early-stage companies specializing in advanced technologies such as autonomous systems, cybersecurity, space technologies, and artificial intelligence.

Razor's Edge Ventures is a Reston, Virginia-based venture capital firm founded in 2011 that invests in high-growth technology companies operating at the intersection of national security and commercial enterprise markets. As a multi-stage investor, it provides capital alongside strategic guidance, access to seasoned leaders, and market insights to help portfolio companies scale. The firm targets sectors such as cybersecurity, artificial intelligence and machine learning, aerospace and defense technologies, software and information technology, data science and data infrastructure, and related dual-use capabilities with government and commercial applications. It collaborates with global corporations and investment partners to leverage sector expertise across its portfolio. Based in Virginia, Razor's Edge pursues investments that advance the United States national security ecosystem, often seeking to lead deals or participate in syndications to support growth and operational scale.

Verge Fund, established in 2003, is a venture capital firm based in Albuquerque, New Mexico. It specializes in early-stage growth investments, focusing on life science, technology, and renewable sectors within the state. The firm's principals, with a combined 43 years of experience, leverage their local knowledge and networks to identify and support high-potential startups, often at the seed stage when business plans may not be fully developed. Verge Fund aims to generate significant returns by providing capital and expertise to promising ventures in New Mexico.

Balerion Space Venture is a Dallas-based venture capital firm founded in 2022 that invests in early to mid-stage private space companies and related technologies, covering space and space transport, connectivity, infrastructure, energy, industrials, consumer, and transport sectors.

NGP Energy Capital Management is a private equity and venture capital firm focusing on energy investments. Founded in 1988 and headquartered in Irving, Texas, with offices in Houston, London, Santa Fe, and Stamford, it manages a family of energy-focused funds. The firm invests across the energy value chain, including oil and gas exploration and production, midstream, oilfield services, energy efficiency, alternative energy, natural gas gathering and processing, and power technology, as well as related areas such as water resources, food and agriculture, and coastal protection. It targets a range of capital events from seed and startup funding to growth equity, middle-market and later-stage buyouts, and may co-invest in direct oil and gas property interests alongside portfolio companies. Typical investments span from a few million to several hundred million dollars, with a North American focus and selective international opportunities. The firm aims to partner with management teams to support growth and help navigate the challenges of the energy industry.

ITU Ventures is an investment firm focused on supporting technology businesses that emerge from prominent universities, research institutions, and corporations. The firm primarily targets startup companies located in California, New Mexico, and the Midwest region of the United States. ITU Ventures specializes in investing within the software, semiconductor, and commercial product sectors, aiming to nurture innovative ventures that have the potential for significant growth and impact. Through its strategic investments, ITU Ventures seeks to foster the development of cutting-edge technology and drive advancements in various industries.

Mountain Pacific Partners is a venture capital firm based in Salt Lake City, Utah, that specializes in early-stage investments within the life sciences and biotech sectors. Established in 2017, the firm focuses on supporting innovation in these fields, particularly in the Mountain and Southwest regions of the United States, including Arizona, Nevada, and New Mexico, as well as in South Korea. Mountain Pacific Partners has launched multiple funds, including Fund NOW, which aims to enhance health security by reshoring critical healthcare product manufacturing, and Fund NEXT, which is dedicated to transforming healthcare delivery through innovative technologies and medical devices.

CIN Grow Equity is a corporate venture capital firm established in 2020 and based in Mexico City. It invests in startups and small and medium-sized enterprises in Latin America, focusing on technology, food and beverages, financial services, and real estate.

Dangerous Ventures is a venture capital firm that backs early-stage startups focused on adaptation and resilience solutions to help people, the planet, and society thrive in a changing environment. It invests across sectors including energy, mobility, climate adaptation, solar, fintech, and media, and is based in Los Angeles with activity in San Francisco and Santa Fe.

Phoenix Venture Partners is a venture capital firm headquartered in San Mateo, California, with satellite offices in Singapore and Cambridge, Massachusetts. Founded around 2010, the firm focuses on early-stage investments in technologies and advanced materials, emphasizing breakthrough materials science innovations. It backs entrepreneurs across sectors such as hardware, semiconductors, Internet of Things, energy storage and generation, building materials, manufacturing, consumer electronics, healthcare, and other technology domains. Phoenix Venture Partners supports its portfolio with customer and supply-chain partnerships, business development, and strategic and operational guidance, and collaborates with a select set of global corporations on innovation and business development initiatives. The firm primarily targets opportunities in North America, while maintaining international reach.

Founded in 2009, Capital Factory is a venture capital firm and accelerator based in Austin, Texas. It invests in seed-stage to later-stage companies across software, media, and technology sectors, providing resources, mentorship, and coworking space.

Btomorrow Ventures is the corporate venture capital arm of British American Tobacco. Founded in 2019 and based in London, United Kingdom, BTV partners with entrepreneurs to accelerate innovation and growth, aligning investments with BAT's strategy to become a consumer-centric, multi-category consumer packaged goods company. The firm focuses on health and wellness, functional products, science, sustainability, and technology, seeking ventures that complement BAT's mission to reduce the health impact of its business while expanding into new consumer categories.

Scout Ventures is an early-stage venture capital firm founded in 2009 and headquartered in New York, United States. It focuses on frontier and dual-use technologies with national security and commercial applications, investing in sectors such as space and aerospace, autonomy, quantum technologies, artificial intelligence and machine learning, advanced materials, drones, robotics, autonomous mobility, cybersecurity, and software-as-a-service. The firm provides capital, strategic support, and operational expertise to mission-driven founders, leveraging a network of professional investors, operators, and experienced entrepreneurs to advance its investment thesis.

Founded in 2000, General Catalyst is a venture capital firm specializing in early-stage and growth equity investments. It focuses on accelerating ideas, careers, and companies towards success by providing ongoing momentum and mentorship based on deep experience.

Accel is a venture capital firm founded in 1983 by Arthur Patterson and Jim Swartz and headquartered in Palo Alto, California, with additional offices in San Francisco, London and Bangalore. It funds early- and growth-stage technology companies across software, cloud, SaaS, consumer, enterprise IT and related sectors, and it supports portfolio companies as they scale internationally. With a global network and more than three decades of experience, Accel seeks to help entrepreneurs build world-class, category-defining businesses. Notable investments include Atlassian, Facebook, Dropbox, Slack, Spotify, Etsy, Braintree, Cloudera and Qualtrics, among others. Accel operates multiple funds and programs to back companies at different stages, continuing a long track record of backing ambitious technology founders around the world.

Ten Eleven Ventures is a cybersecurity-focused, global venture capital firm that backs cybersecurity companies across stages worldwide, addressing digital security needs. The firm identifies, funds, and helps grow top cybersecurity businesses by leveraging its team, network, and experience. Since its founding, it has raised over $1 billion and completed around 40 cybersecurity investments, including KnowBe4, Darktrace, Twistlock, Verodin, Cylance, and Ping Identity.

Stout Street Capital is a Denver, Colorado-based venture capital firm that backs early-stage technology companies. It concentrates on software and B2B SaaS, while also investing in fintech, advanced materials, robotics, and artificial intelligence. The firm targets opportunities in under-served markets in the central United States, with a particular emphasis on the Rocky Mountain region. Its approach combines data-driven analysis, market assessment, and thorough due diligence to select ventures that can improve efficiency and generate measurable value as they scale.

Builders VC is a San Francisco-based early-stage venture capital firm investing in technology-driven startups across the United States and Canada. The firm focuses on modernizing traditional industries through new business models, targeting sectors such as healthcare, agribusiness, life sciences, industrials, software, digital health, construction and real estate technology. It backs early-stage companies with growth potential in areas including B2B software, information technology, agricultural technology and advanced manufacturing, and maintains offices in Chicago, Calgary and Honolulu.

Energy Innovation Capital is a venture capital firm based in Orinda, California. It focuses on investing in early and growth-stage companies in the energy and digital technology sectors, aiming to address global energy challenges with transformative, market-leading solutions. The firm applies its industry expertise and networks through a collaborative approach to help entrepreneurs push the boundaries of what is possible.

Founded in 2016, Climate Investment is a venture capital firm based in London. It focuses on investing in companies operating in energy, technology, transportation, buildings, and related industries to facilitate the transition to lower carbon emission sources.

Pangaea Ventures is a Vancouver-based venture capital firm founded in 2000 that provides early- to growth-stage funding for technology-driven and materials-intensive ventures. It concentrates on hard tech and advanced materials across energy, electronics, health, nanotechnology, chemistry, and cleantech, pursuing solutions in energy generation and storage, energy efficiency, and environmental materials. The firm backs companies addressing fundamental global challenges such as climate change, food and water security, and health outcomes, with a preference for commercial products and enabling technologies. It typically seeks significant minority stakes, aims to hold board representation, and positions itself as a lead investor while remaining open to co-investment. While headquartered in Vancouver, it operates with additional offices in Phoenix and Hillsborough and focuses on opportunities in North America and Europe. The firm emphasizes impact-oriented investing across incubation, startup, and growth phases, supporting portfolio companies through multiple growth stages.

Annox Capital is a venture capital and private equity firm founded in 2013 and based in Birmingham, Michigan. It provides growth capital for startups and late-stage companies, with a focus on manufacturing, logistics, banking, healthcare, and real estate. The firm seeks investments in enterprises that employ disruptive technology or online strategies to improve business processes or human experiences, typically pursuing deals ranging from $100,000 to $30 million.

Founded in 2009, Ludlow Ventures is a Michigan-based venture capital firm specializing in early-stage investments. It focuses on technology companies across the United States, typically investing between $25,000 and $150,000 per company. Known for its straightforward approach, it aims to build trust and friendship with invested teams.

EnCap Investments is a private equity and venture capital firm founded in 1988 and headquartered in Houston, Texas, with an additional Dallas office. It specializes in investments across the oil and gas value chain, including upstream exploration and production, and midstream infrastructure such as natural gas pipelines, gathering, processing, compression, storage, and transportation. The firm also targets energy infrastructure and clean energy initiatives within the energy transition. It typically provides equity on a deal-by-deal basis, with typical investment sizes in the tens to hundreds of millions of dollars, and may support reserve acquisitions and drilling projects. Its geographic focus includes the United States, Canada, and Mexico. EnCap Investments pursues opportunities in early-stage to growth-oriented companies and is registered as an investment adviser, emphasizing partnerships with operators and infrastructure developers to build long-term value in the oil, gas, and energy services sectors.

Panasonic Venture Group is the corporate venture capital arm of Panasonic. It began operation in 1998 and is headquartered in Cupertino, California.

McCombs Partners is the corporate venture arm of McCombs Enterprises, founded in 2005 and based in San Antonio, Texas. It operates as the investment management arm of the parent company, funding startups and growth-stage businesses across sectors such as automotive, financial services, logistics, medical, and sports. The firm seeks opportunities that align with McCombs Enterprises' strategic interests, leveraging the parent’s resources and network to support portfolio companies.

XSeed Capital is a venture capital firm based in Portola Valley, California, that targets early-stage technology companies across the United States. It specializes in software, computer science and information technology sectors, making seed investments and providing follow-on capital through multiple rounds. The firm actively supports its portfolio companies to build value, achieve risk-reduction milestones, and reach strategic value inflection points, helping entrepreneurs advance from inception to growth.

Hard Yaka is an investment firm based in Crystal Bay, Nevada. It engages in private equity and venture investments, focusing on technology and financial services sectors, including early-stage investments in exchange-related startups and opportunities in buyouts and distressed assets, often pursuing majority stakes.

Service Provider Capital is a venture capital firm established in 2014 and based in Colorado. The firm focuses on early-stage investments, notably seed-stage opportunities, and participates as a co-investor in Series A rounds led by institutional venture funds. Its portfolio interests span a broad range of technology sectors, including artificial intelligence, machine learning, blockchain, cybersecurity, e-commerce, education technology, fintech, hardware, information technology, robotics, health, and cannabis.

Kickstart Fund is a Utah-based seed-stage venture capital firm that backs early-stage technology companies in the Mountain West. Based in Cottonwood Heights/Salt Lake City, it provides smart capital, a connected founder community, and expert guidance to help portfolio companies grow. Founded in 2008, Kickstart has supported numerous startups and targets investments in software, information technology, and related technology sectors across Utah and neighboring Mountain West states, with a focus on helping founders scale through capital, mentorship, and strategic resources.

EPIC Ventures is a Salt Lake City-based venture capital firm that backs early-stage software and internet infrastructure companies across the United States. The firm leverages the operational and financial experience of its partners, a network of technology industry contacts, and guidance from advisors to help portfolio companies scale and succeed. It focuses on technology-driven sectors such as software-as-a-service, healthcare, security, and the future of work, with investments spanning software, mobile, big data, and internet of things platforms. EPIC Ventures maintains a hands-on approach, combining geographic reach with operational insight to support entrepreneurs from inception through growth stages. The firm seeks to partner with teams positioned to lead the information economy of tomorrow and aims to accelerate growth through strategic collaboration and capital.

Founded in 2011, DCVC is a venture capital firm based in Palo Alto, California. The firm invests in early-stage companies utilizing deep tech to solve complex problems across sectors such as artificial intelligence, exascale computing, climate, engineering, materials science, robotics, space, water, biology, defense, and security.

Future Ventures is a venture capital firm based in Los Altos, California, focused on early-stage investments in disruptive technologies. It backs startups across commercial space exploration, artificial intelligence, deep learning, robotics, quantum computing, blockchain, synthetic biology, cellular agriculture and sustainable transportation, as well as high-performance computing and aerospace. The firm has backed a range of notable companies, including SpaceX, Tesla, Zoox, Skype, Nervana and Planet, with several investments going on to successful IPOs or acquisitions, collectively surpassing billions in value. By backing visionary founders, Future Ventures seeks to accelerate the commercialization of breakthrough technologies and drive progress in transformative industries.

Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm investing in early-stage technology startups. With over $3 billion under management, they focus on seed and Series A financing across sectors like commerce, consumer, hardware, health, and infrastructure technologies.

Distributed Ventures is a Chicago-based venture capital firm founded in 2018 that backs bold founders at the frontier of risk. It makes seed and Series A investments in FinTech, InsurTech, Digital Health and Benefits, and Employer Solutions, leveraging deep subject matter expertise to inform investment theses and provide operational support that accelerates B2B go-to-market momentum for portfolio companies. The team comprises former founders, investors, and operators who help startups navigate early growth and real-world market challenges from day one.

AV8 Ventures is a venture capital firm based in Palo Alto, California, with an additional office in London. It concentrates on early-stage and seed investments across healthcare, enterprise technology, financial technology and other deep-tech sectors, with a broad geographic focus that includes the United States, Europe, the United Kingdom, Israel and Canada. The firm emphasizes a hands-on, value-added approach, drawing on decades of technical and entrepreneurial experience to help portfolio companies grow. Its network spans health, machine learning, mobility, robotics and biology, providing guidance and connections to support technical startups through their early development.

Clean Energy Ventures is a Boston-based venture capital firm that invests in seed- and early-stage climate technology startups across North America, Europe and Israel. It focuses on advancing energy storage, grid connectivity, renewable energy production, clean transportation, and the water–energy nexus, supporting technologies and business models with scale potential to reduce greenhouse gas emissions. The firm backs companies that address climate change through market-driven approaches and seeks to accelerate commercialization of disruptive clean energy innovations.

Tech Coast Angels is the largest angel investor group in the United States, with more than 300 members organized into five networks across Los Angeles, Orange County, San Diego, the Central Coast, and the Inland Empire. Its members provide funding and guidance to early-stage, high-growth companies in Southern California, offering capital as well as mentorship, strategic advice, and access to a broad network of potential investors, customers, partners, and management talent. The group supports companies across industries, including life sciences, biotech, IT, software, services, retail, Internet, financial services, and consumer products. Tech Coast Angels has been recognized by CB Insights as one of the top 20 angel groups in the United States and leads in network centrality, reflecting extensive connections within the investment ecosystem.

Keiretsu Forum is an international association of private investors, business leaders, and entrepreneurs. Established in San Francisco in 2000, it has since grown to over 2,500 members across more than 50 global chapters. The forum provides a platform for its members to network and invest in high-quality, diverse investment opportunities, typically ranging from $200,000 to $3.5 million. Keiretsu Forum focuses on companies with high growth potential across various sectors, including technology, consumer products, healthcare, clean tech, energy, and real estate.

Helios Climate Ventures is a venture capital firm founded in 2016 and based in Aspen, Colorado. The firm specializes in investing in early-stage technology and clean technology companies, focusing on opportunities that promise high impact and significant returns. Helios Climate Ventures leverages its extensive network to identify and source well-vetted investment opportunities that are typically challenging to access. As a Registered Investment Adviser, the firm emphasizes its commitment to fostering innovation in the clean technology sector while seeking to drive positive environmental outcomes through its investments.

Burnt Island Ventures is a venture capital firm founded in 2020 and based in New York City, focused on early-stage investments in B2B, energy, information technology and clean technology/climate tech sectors, and has been described as supporting water entrepreneurship.

Mountain Group Capital, LLC is a venture capital and private equity firm founded in 2002 and based in Nashville, Tennessee. The firm specializes in seed, early-stage, venture equity, buyouts, growth capital, and later-stage investments, primarily targeting the life sciences, animal health, and technology sectors. Within life sciences, it emphasizes MedTech, medical devices, diagnostics, nutraceuticals, and expedited drug development. In the animal health sector, the firm focuses on technologies that enhance companion animal health and agricultural practices. Mountain Group Capital also invests in disruptive technologies that feature innovative business models with manageable development risk and a swift path to market. The firm seeks investment opportunities in North America, particularly in the Southeastern United States and Tennessee, typically targeting companies with revenues between $1 million and $50 million. It generally prefers to acquire minority interests in venture capital investments while aiming for controlling interests in buyout transactions.

Thayer Ventures is a San Francisco-based venture capital firm, founded in 2009, that focuses on investments in travel and hospitality technology companies. The firm backs early to growth-stage businesses developing software, SaaS, information technology, and other tech-enabled solutions that serve travel, transportation, lodging, airlines, cruise lines, gaming, and related sectors. By funding innovative technologies that support operators and suppliers across the travel ecosystem, Thayer Ventures aims to accelerate digital disruption in the industry.

RA Capital Management is a Boston-based investment firm that specializes in life sciences and healthcare companies. The firm provides investment management and venture capital services, backing companies developing drugs, medical devices, diagnostics, and biotech tools. Its team combines expertise in biology, chemistry, and medicine with industry and business development experience. RA Capital supports companies across multiple stages, from seed funding to growth financings, including private and public rounds, and often takes board seats and seeks co-investment opportunities. Through its activity, it aims to identify technologies with potential to advance prevention and treatment, genetic testing and personalized medicine, and other patient-focused innovations.