Flywheel Ventures is a venture capital firm based in Santa Fe, New Mexico, founded in 1999. It focuses on seed and early‑stage technology companies, including information technology, software, B2B products, and physical sciences, with a regional emphasis on the Southwest and Rockies (New Mexico, Colorado, Arizona) and a broader U.S. investment scope. The firm typically seeks to lead investments, take board seats, and support follow-on rounds, often partnering in syndicates with other investors. It targets companies across information technology services, software as a service, semiconductors, networking, optics, energy, water, and other technology sectors addressing global challenges. While primarily involved in early-stage funding, Flywheel also engages in growth-capital opportunities and maintains a presence in additional markets such as Albuquerque and San Francisco. The firm's approach combines strategic, hands-on support with capital to help portfolio companies scale and contribute to the development of a regional technology ecosystem.

Cottonwood Technology Fund is a venture capital firm based in Santa Fe, New Mexico, focused on high-tech and deeptech investments. It backs patent-based high-tech and hardware startups across robotics, photonics, optics, nanotech, sensor technology, telecom, automotive, cleantech, green energy, health sciences, medtech, chemicals and advanced materials. The firm emphasizes early-stage opportunities in micro- and nanoelectronics, climate tech, energy transition, and advanced manufacturing, with an investment footprint across the Southwestern United States and Northern Europe.

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.

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.

Lockheed Martin Corporation is a global aerospace and defense company that develops, manufactures, integrates, and sustains advanced technology systems and services for military, government, and international customers. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems. The Aeronautics segment provides combat and air mobility aircraft, unmanned systems, and related technologies; Missiles and Fire Control covers air and missile defense systems, missiles and precision strike weapons, logistics, fire control, and mission support; Rotary and Mission Systems offers helicopters, ship and submarine systems, sensors, radar, unmanned systems, and command and control capabilities; Space Systems delivers satellites, space transportation, missile systems, and national security space services. The company is involved in cybersecurity, data analytics, and digital transformation through mission solutions, and serves government clients globally with research and development investments and long-term sustainment of complex platforms. Lockheed Martin is headquartered in the United States and has a significant international presence, with ongoing development in AI, autonomy, and other advanced technologies.

Crosslink Capital is a venture capital firm founded in 1989 and based in Menlo Park, California. It invests in technology and media companies across the United States, supporting founders from seed-stage through growth and pre-IPO rounds. The firm seeks market-disrupting category creators across enterprise and consumer technology, with investments spanning software, digital media and internet services, energy technologies, computing and semiconductors, and related sectors. Through its portfolio, Crosslink has backed notable companies such as Bleacher Report, Chime, Postmates and Omniture, reflecting a history of helping early-stage firms scale and achieve strategic exits.

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.

Verge Fund is an Albuquerque, New Mexico-based venture capital firm that provides early-stage and seed-stage investments in the state, focusing on life sciences, technology, software, healthcare technology, and renewal sectors. The team consists of experienced principals with decades of combined experience in New Mexico's entrepreneurial ecosystem, including work with laboratories, universities, and established venture capital firms. Its objective is to foster innovation and economic growth in New Mexico by supporting high-impact companies that leverage the state's research ecosystem.

General Catalyst is a venture capital firm founded in 2000 and based in Cambridge, Massachusetts, with additional offices in North America and Europe. It provides seed to growth-stage investments in technology companies, with emphasis on software, consumer and enterprise applications, fintech, crypto, health tech, and AI-enabled businesses. The firm supports portfolio companies with capital, strategic guidance, mentorship and operational assistance to help them scale and innovate across industries, including healthcare, fintech and consumer technology. General Catalyst manages multiple venture funds and pursues both early-stage and growth investments, often taking minority to majority equity positions. The firm has a global reach and a history of backing companies that become industry leaders, with ongoing focus on resilience and applied AI.

ITU Ventures is an investment firm that supports technology-focused startups originating from leading universities, research institutions, and corporate labs. The firm seeks opportunities in early-stage software, semiconductor, and commercial products businesses, with a geographic focus on California, New Mexico, and the Midwest region of the United States. Based in California, ITU Ventures partners with entrepreneurs and researchers to advance innovative technologies from concept to market, providing funding and strategic guidance. The firm emphasizes technology-driven ventures and aims to back companies positioned to leverage academic and corporate R&D capabilities to scale.

Razor's Edge Ventures is a Virginia-based venture capital firm that focuses on high-growth technology companies addressing national security and adjacent commercial markets. The firm invests across multiple stages, embracing software, information technology, cybersecurity, data science, autonomous systems, AI, and space technologies, and provides capital along with operational support and access to a broad network to help portfolio companies scale. With a deep understanding of the national security sector, Razor's Edge collaborates with government and commercial customers to identify disruptive innovations and accelerate growth, leveraging its relationships across defense, intelligence, and technology ecosystems. The team emphasizes strategic value beyond funding, including market insights and access to thought leaders to navigate shifts affecting national security and global enterprises. Based in Reston/Herndon, Virginia, Razor's Edge positions itself as a partner for technology companies aiming to serve both government and commercial markets.

Accel is a Palo Alto-based venture capital firm founded in 1983 that backs early and growth-stage technology companies across software, enterprise, consumer internet, fintech, security, and related sectors. It builds a global community of entrepreneurs, providing not only capital but operational resources, mentorship, and access to a broad network of peers to help with product development, talent recruitment, and market expansion. Its portfolio includes category-defining companies such as Atlassian, Dropbox, Slack, Spotify, and others, reflecting a track record of supporting rapid growth and transformation across multiple geographies.

Energy Innovation Capital is a venture capital firm founded in 2016 and based in Orinda, California. It invests in U.S.-based companies spanning energy, B2B technology, information technology, manufacturing and advanced manufacturing, artificial intelligence, big data, clean and climate technology, logistics, software-as-a-service, and the Internet of Things, focusing on early- and growth-stage opportunities and on supporting entrepreneurs tackling energy challenges. The firm leverages industry expertise, networks and collaboration to help portfolio companies scale, aiming to deliver transformative solutions for the energy sector.

Climate Investment is a venture and growth capital firm focused on accelerating the transition to lower-carbon energy. Founded by members of the Oil and Gas Climate Initiative, the firm partners with companies developing scalable climate solutions across underinvested sectors such as energy, industry, buildings, transportation and agriculture, and uses a rigorous greenhouse gas impact measurement methodology to track progress, aiming to deliver financial returns alongside substantial environmental benefits through deep industry partnerships.

BlueStone Venture Partners is a Santa Fe, New Mexico-based venture capital firm founded in 2018 that provides capital and strategic support to life sciences companies across early- and later-stage rounds. It focuses on medical devices, diagnostics, healthcare information technology, advanced materials, and biopharma, aiming to back companies throughout the life sciences continuum.

Deciens Capital is a venture capital firm based in Albuquerque, New Mexico, specializing in early-stage fintech and financial services investments. It provides funding, strategic guidance, and industry expertise to founders to support early business development. The firm focuses on building defensible market positions and scalable fintech companies, with a portfolio that includes banking-as-a-service, cross-border payments, and related financial technology solutions with global reach.

Dangerous Ventures is a venture capital firm that funds early-stage startups pursuing adaptation and resilience solutions to help people, ecosystems, and communities thrive amid a changing environment. The company is based in Santa Fe, New Mexico, with additional presence in Los Angeles and San Francisco. It backs ventures across sectors including energy, mobility, food systems, climate adaptation, solar, fintech, legal, and media, seeking technologies and business models that address climate risk and systemic challenges.

Village Ventures is a venture capital firm founded in 2000 and based in Williamstown, Massachusetts, with additional offices historically in Bloomington, Indiana; New York, New York; and Denver, Colorado. It focused on seed and early-stage investments across sectors including consumer, media and retail, healthcare and life sciences, business services, information technology, financial services and fintech, as well as consumer internet and e-commerce. The firm typically invested between 0.5 million and 5 million dollars per portfolio company and aimed to acquire about 20 percent equity, often pursuing co-investment with groups familiar to the firm. Its geographic focus included New England and other U.S. markets such as Florida, New Mexico and Indiana. Village Ventures concentrated on early-stage opportunities with revenues under 10 million dollars for growth-stage prospects, and on seed-stage ventures with no revenue. It operated primarily as an early-stage investor within the United States.

DVI Equity Partners is a venture capital firm founded in 2018 and based in the Southwest United States. It focuses on micro-cap and early-stage technology investments, often serving as first institutional money in Series A rounds. The target sectors include information technology, big data, cybersecurity, artificial intelligence, machine learning, and fintech. While there is a geographic preference for the Southwest (California, Arizona, New Mexico, Texas, Nevada, Colorado, Utah), fit and growth potential drive opportunities beyond location. The firm emphasizes strategic value and support to help portfolio companies scale, rather than capital alone.

Balerion Space Ventures is a venture capital investment firm headquartered in Dallas, Texas. Founded in 2021, the firm invests in early to mid-stage private space companies and focuses on space, defense, connectivity, infrastructure, industrials, energy, consumer, and transport sectors.

DCVC is a venture capital investment firm founded in 2011 and based in Palo Alto, California. It focuses on deep tech and life sciences, investing across artificial intelligence, exascale computing, climate, engineering, materials science, robotics, space, water, biology, defense, and security, as well as related data-driven technologies. The firm supports early- and later-stage technology companies that leverage scientific discovery and automation to create scalable solutions. DCVC is a registered investment adviser.

Mountain Group Partners is a Nashville-based venture capital firm and family office investor focused on healthcare and technology across life sciences, animal health, diagnostics, and related disruptive technologies. It pursues a patient, long-term approach, often engaging early-stage opportunities and providing capital plus strategic guidance and operational support to help portfolio companies grow, scale, and translate science into impact. The firm emphasizes active partnership with founders and seeks opportunities with strong market potential, drawing on deep operational and financial experience.

Phoenix Venture Partners is a venture capital firm that invests in and partners with entrepreneurs to commercialize breakthrough materials science innovations. The firm focuses on early-stage opportunities across North America and beyond, with headquarters in San Mateo, California and satellite offices in Singapore and Cambridge, Massachusetts. It emphasizes hands-on support, helping portfolio companies advance through customer and supply chain partnerships, business development, and strategic and operational guidance. The firm collaborates with a select set of global corporations on innovation initiatives, and has a track record of founding, building, and investing in materials science start-ups. Its investments span advanced materials, technology, manufacturing, computing, electronics, energy, and related sectors, including device architectures, solar and building materials, and other materials-enabled applications.

Btomorrow Ventures is the corporate venture capital arm of British American Tobacco, investing globally in early-stage companies aligned with BAT's A Better Tomorrow strategy. It partners with entrepreneurs by providing more than funding, including access to BAT's network, dedicated support, and hands-on experience to accelerate growth. The firm focuses on health and wellness, functional foods and drinks, science, sustainability, and technology, and it invests across functional products, smokeless nicotine innovations, and impact and sustainability solutions. Based in London and founded in 2019, Btomorrow Ventures pursues long-term partnerships that emphasize collaboration, trust, and intentional support, backed by a team with diverse backgrounds in consumer goods, investment, finance, legal, and marketing. The aim is to help portfolio companies scale while aligning with a consumer-centric, responsible approach to growth.

Capital Factory is a Texas-based venture capital firm and accelerator founded in 2009, headquartered in Austin with activity in Dallas and Houston. It supports software and technology startups across seed, early, and growth stages by providing funding, mentorship, and access to an ecosystem that includes investors, employees, mentors, customers, and potential co-founders. The organization serves as a central hub for startups outside Silicon Valley, offering coworking space, events, and a statewide network that connects entrepreneurs with corporate partners and government initiatives to identify innovative opportunities and accelerate growth.

Scout Ventures is an early-stage venture capital firm that backs frontier and dual-use technologies developed by veterans, intelligence professionals, and researchers. The firm emphasizes seed investments in AI and machine learning, quantum technologies, robotics, space and aerospace, autonomy, drones, cybersecurity, and advanced materials, with follow-on funding in Series B as needed. It leverages a network of professional investors, operators, and experienced entrepreneurs to support portfolio companies through multiple stages, aiming to advance transformative innovations that enhance safety and prosperity while addressing global challenges. By focusing on technologies with national security relevance and practical civilian applications, Scout Ventures seeks to accelerate impactful solutions.

Ten Eleven Ventures is a global, cybersecurity-focused venture capital firm founded in 2014 and based in Burlingame, California. It is stage-agnostic, investing across the cybersecurity landscape and supporting companies at early and growth stages. The firm leverages its team, network, and operational experience to help portfolio companies scale and address critical digital security needs. Since inception, it has raised more than $1 billion and made about 40 cybersecurity investments, including notable companies such as KnowBe4, Darktrace, Twistlock, Verodin, Cylance, and Ping Identity.

McCombs Partners is the investment management division of McCombs Enterprises, based in San Antonio, Texas. Founded in 2005, it invests in startups and companies across the automotive, financial, logistics, medical, and sports sectors as part of McCombs Enterprises' portfolio-building activities.

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

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.

XSeed Capital is a Portola Valley, California-based venture capital firm that makes early-stage technology investments in the United States. Founded in 2006, it targets software, information technology, and related technology sectors and often provides seed funding with follow-on capital through multiple rounds. The firm seeks differentiated portfolio companies that deliver unique customer value and works to help entrepreneurs build value, reach risk-reduction milestones, and progress toward subsequent value inflection points.

Service Provider Capital is a venture capital firm established in 2014 and based in Golden, Colorado, with operations in Vail, Colorado. The firm co-invests in Seed and Series A rounds led by institutional venture funds and maintains six regional funds covering Rocky Mountain and View regions across Midwest, New England, Southeast, Texas, and the Pacific Northwest. It has a portfolio of more than 600 companies and a network of over 400 strategic investors, connecting portfolio companies to potential investors, customers, and partners. Service Provider Capital emphasizes timely support and accessibility, covering its own legal fees to expedite processes and offering investment terms that avoid restrictive rights. It operates as an independent entity not affiliated with its portfolio companies.

Annox Capital is a venture capital and private equity firm based in Birmingham, Michigan, founded in 2013. It provides growth capital and strategic guidance to startups and late-stage companies across manufacturing, logistics, banking, healthcare, and real estate, with a focus on firms that leverage disruptive technology or online strategies to improve processes or customer experiences. The firm targets investments ranging from 100,000 to 30 million and seeks teams with bold leadership and a willingness to deviate from conventional methods to achieve scalable impact.

Ludlow Ventures is a Michigan-based venture capital firm founded in 2009 that targets early-stage technology companies in the United States. Based in the Detroit area, the firm emphasizes founder-friendly partnerships, straightforward communication, and avoidance of puffery. It seeks to back teams with conviction, moving quickly to support startups when opportunities arise, and prioritizes trust and authentic relationships as a foundation for long-term success in software, hardware, and other technology sectors.

EnCap Investments is a Houston-based private equity firm that focuses on energy, including upstream and midstream oil and gas, natural gas pipelines, gathering, processing, storage, and related infrastructure. It provides growth capital for reserve acquisitions and drilling projects and pursues opportunities across the United States, Canada, and Mexico, with a Dallas-area emphasis. Founded in 1988, EnCap supports independent energy companies through long-term partnerships, drawing on expertise in finance, operations, and strategic development while incorporating ESG considerations and the energy transition into its investment approach.

Kickstart Fund is a seed-stage venture capital firm based in Cottonwood Heights, Utah, serving the Mountain West region. It focuses on technology-driven startups, especially software companies, and supports early-stage founders with smart capital, a connected founder community, and experienced guidance. Since its inception, Kickstart has backed a broad portfolio across Utah and the Mountain West and operates a series of seed funds to enable ongoing investments and potential co-investment opportunities.

Builders VC is a San Francisco-based venture capital firm that concentrates on early-stage investments in technology-enabled businesses across traditionally underserved industries. Its portfolio focus spans healthcare, agribusiness, life sciences, industrials, and real estate, with a preference for technology-driven models that modernize established sectors. The firm provides operating support to founders to improve execution, scale operations, and address real customer and industry challenges through disciplined application of technology. It maintains additional offices in Chicago, Calgary, and Honolulu, reflecting its regional reach while maintaining a hands-on, founder-focused approach.

Stout Street Capital is a Denver-based venture capital firm founded in 2017 that backs early-stage technology companies, including business-to-business software-as-a-service, fintech, artificial intelligence, robotics, and materials innovations. The firm relies on data analysis, market research, and rigorous due diligence to identify opportunities in underserved markets, with a focus on the Rocky Mountain region. It seeks companies that improve efficiency and deliver measurable bottom-line value in large, established sectors, aiming to build a diversified portfolio across technology-enabled businesses.

Pangaea Ventures is a Vancouver-based venture capital firm focused on hard technology, materials science, chemistry and biology, with a mission to drive industrial transformation and positive global impact. It invests across the company lifecycle from incubation and seed to growth, often taking significant minority stakes and seeking board representation, and it positions itself as a lead investor while co-investing when appropriate. The firm funds companies in energy, electronics, health and environmental materials, emphasizing clean energy, energy storage, decarbonization and sustainability. It operates globally with investments in North America, Europe and select markets, and it supports founders with strategic connections and an impact framework aligned with the UN Sustainable Development Goals. Founded in 2000 and based in Canada, it maintains offices in Vancouver and additional locations in Phoenix and Hillsborough to support its scalable, long-term approach. In addition to capital, Pangaea provides governance, industry expertise and an ecosystem to accelerate commercialization and deliver returns while improving planetary health.

EPIC Ventures is a Salt Lake City-based venture capital firm that focuses on early-stage technology companies, particularly in software and related information technology sectors. It backs entrepreneurs and companies aiming to lead the information economy, providing hands-on support through its operating partners, experienced advisors, and a broad technology network to help portfolio companies scale. The firm emphasizes software, mobile, big data, and internet of things solutions, with investments across the United States.

Sixth Street Partners is a San Francisco based financial services company and growth equity investment firm founded in 2009. It offers capital solutions to companies across multiple sectors, including agriculture, business and consumer services, data infrastructure, financial services, energy, healthcare, real estate, renewables, technology, sports, and media, and serves as a registered investment adviser. The firm focuses on growth investments and related strategies to support expansion and value creation for its portfolio companies.

VIC Technology Venture Development is a Fayetteville, Arkansas-based venture capital firm focused on seed and early‑stage opportunities in technology and life science, including healthcare technology. It identifies early‑stage innovations and forms new ventures around them, providing initial capital, assembling management teams, and structuring operations to enable commercialization. The approach emphasizes separating technical development from business management so scientific teams can advance products while professionals handle financing and growth. The firm typically invests in Arkansas, with checks around a few hundred thousand dollars, and seeks board participation on portfolio companies. Founded in 2000, the firm supports ventures through early commercialization phases.

Clean Energy Ventures is a venture capital firm focused on accelerating climate technology startups at seed and early stages. Based in Boston, Massachusetts, it backs companies developing advanced energy technologies and innovative business models to reduce greenhouse gas emissions. The firm invests in sectors such as energy storage, grid connectivity, renewable energy, clean transportation and related water and energy nexus initiatives, with a geographic focus on the United States and Canada and a broader reach into Europe and Israel. It complements capital with mentorship, strategic guidance and access to a wide network of industry experts to help portfolio companies scale and deploy transformative clean energy solutions.

Initialized Capital is a San Francisco-based early-stage venture capital firm focused on seed investments in technology companies. Founded around 2012, it manages more than five core funds and has six investing partners, with over $3.2 billion under management. Its portfolio companies have generated more than $200 billion in aggregate market value to date.

AV8 Ventures is a Palo Alto-based venture capital firm focusing on early-stage and seed investments in healthcare, enterprise technology, financial services and other technically challenging sectors. Founded in 2018, it pursues a hands-on approach that leverages decades of technical, entrepreneurial and venture experience to support portfolio companies. The firm operates from Palo Alto with an office in London, drawing on a network of experts in health, machine learning, enterprise technology, mobility, robotics, hard sciences and biology to help startups scale.

Distributed Ventures is a Chicago-based venture capital firm founded in 2018 that backs early-stage startups addressing risk across FinTech, InsurTech, and related sectors. It focuses on seed and Series A rounds and provides deep subject-matter expertise to inform its investment theses and to catalyze B2B go-to-market momentum for portfolio companies. Comprised of former founders, investors, and operators, the firm supports entrepreneurs with hands-on operational guidance to help them transform the future of risk from day one.

Keiretsu Forum is a global investment community of accredited private equity investors, venture capitalists, and corporate/institutional investors. It operates as an international network with chapters in numerous regions, connecting members through private equity funding, deal flow, and related activities. Members review opportunities presented through restricted forums and may invest in selected companies. The organization supports collaboration by providing access to capital, resources, and mentoring through its events and partnerships.

Tech Coast Angels is an Irvine, California-based angel investor group and one of the largest in the United States, with more than 300 members across five networks in Los Angeles, Orange County, San Diego, the Central Coast, and the Inland Empire. Members fund and mentor early-stage, high-growth companies across a broad range of sectors including life sciences, biotech, information technology, software, hardware, internet, financial services, consumer products, services, and cleantech, primarily in the United States and Canada. The group provides capital and guidance, leveraging an extensive network to help portfolio companies access potential investors, customers, strategic partners, and management talent. Tech Coast Angels has been recognized by CB Insights as a top U.S. angel group and for network centrality, reflecting its breadth of connections in the early-stage ecosystem.

Future Ventures is a venture capital firm that concentrates on seed and early-stage investments in disruptive technologies across multiple industries, including aerospace, artificial intelligence, machine learning, quantum computing, robotics, biotech, synthetic biology, fusion energy, sustainable transportation, and food tech. Based in Los Altos, California, the firm seeks to back visionary entrepreneurs pursuing breakthrough innovations and new industry formation. Its track record highlights early investments in high-profile companies that achieved successful IPOs or acquisitions, reflecting a history of guiding startups from inception toward scalable growth. Future Ventures combines engineering insight with strategic research to support transformative technologies such as commercial space exploration, AI and machine intelligence, and emerging computational biology while fostering sustainable and impactful applications.

True Ventures is a Silicon Valley venture capital firm founded in 2005 and based in Palo Alto, California. It specializes in early-stage technology startups, providing seed and Series A financing to entrepreneurs in the United States. The firm emphasizes active founder support through The True Platform, which offers programs to inspire professional and personal growth for portfolio companies. True Ventures maintains a team of experienced professionals and advisers and has backed more than 350 companies, helping to create 85,000 jobs worldwide. The firm manages more than $3.8 billion in capital across multiple funds and has been recognized for its contributions to the entrepreneurship ecosystem, including being named Venture Firm of the Year in 2018 by the National Venture Capital Association.