![\"Shyla](\"http:\/\/www.financenewmexico.org\/userfiles\/Shyla%20Sheppard.bmp\")
Shyla Sheppard, Associate, NM Community Capital<\/p><\/div>\n
Looking for additional funding to launch or grow your business? \u00a0If you have the experience, skills and passion, there are a number of potential sources of private equity capital available in New Mexico. Equity capital sources can be broadly placed into two categories: Angel investors and institutional equity investors. Determining which source to pursue is largely a function of three key factors: 1) industry focus, 2) business stage, and 3) amount of money you are raising.<\/p>\n
Angel Investors<\/strong><\/p>\n An angel is an accredited investor who invests his or her own, personal capital in early-stage business ventures. Angels are often the bridge from the self-funded stage of the business to the point where a venture capitalist would be interested in investing. An increasing number of angel investors are organizing themselves into angel networks or angel groups.<\/p>\n The New Mexico Angels <\/span><\/strong><\/a>prefer seed and early stage investments.\u00a0They consider themselves generalists and will consider investing in a wide range of industries.\u00a0Initially, they were focused on technology but they now consider non-technology ventures.\u00a0Initial investment amount ranges from $100,000 to $500,000.<\/p>\n Institutional Equity Investors <\/strong><\/p>\n The Altira Group <\/span><\/strong><\/a>focuses on energy technology in early or expansion stages, although they will evaluate previously funded and later stage opportunities on a selective basis.\u00a0Initial investment amount ranges from $1 million to $10 million.<\/p>\n Flywheel Ventures<\/span><\/strong><\/a> focuses on information technology, physical sciences and clean technology in seed and early stage ventures.\u00a0They target innovations arising out of the region\u2019s research universities, R&D organizations, and national laboratories.\u00a0Flywheel also manages the New Mexico Gap Fund.\u00a0Initial investment amount ranges from $100,000 to $1 million.<\/p>\n International Venture Fund\/Invencor <\/span><\/strong><\/a>focuses on technology, preferring co-investment opportunities.\u00a0They favor seed and early stage ventures and are typically one of the first venture investors in a company.\u00a0Initial investment amount varies.<\/p>\n ITU Ventures<\/span><\/strong><\/a> focuses on technology ventures in early stage or seed stage.\u00a0They target businesses emerging from the leading universities, research institutions and corporations.\u00a0Initial investment amount varies.<\/p>\n Mesa Capital Partners<\/span><\/strong><\/a> focuses on manufacturing and service companies in underserved industries and locations.\u00a0They prefer early stage ventures. \u00a0Initial investment amount ranges from $500,000 to $2 million.<\/p>\n New Mexico Community Capital<\/span><\/strong><\/a> invests in under-served areas and industries in New Mexico to achieve both financial and social returns.\u00a0They do not focus on a specific industry and they prefer later stage ventures or those in expansion.\u00a0Initial investment amount ranges from $500,000 to $1 million.<\/p>\n Psilos Group<\/span><\/strong><\/a> focuses on healthcare companies that improve quality while reducing healthcare costs and advancing the alignment of payer, patient and provider incentives.\u00a0They prefer early stage ventures or those in expansion.\u00a0Initial investment amount ranges from $2 million to $6 million.<\/p>\n Sun Mountain Capital<\/span><\/strong><\/a> manages a $60 million state investment fund.\u00a0They look for co-investment opportunities and do not have an industry focus.\u00a0They prefer early stage or start up ventures or those in expansion.\u00a0Initial investment amount ranges from $300,000 to $10 million.<\/p>\n Tullis-Dickerson and Company<\/span><\/strong><\/a> focuses on healthcare and has a national and international presence.\u00a0They prefer early stage or start-up ventures or those in expansion.\u00a0Initial investment amount ranges from $500,000 to $10 million.<\/p>\n Verge<\/span><\/strong><\/a> focuses on technology in New Mexico, preferring seed stage ventures.\u00a0Initial investment amount ranges from $100,000 to $750,000.<\/p>\n Village Ventures<\/span><\/strong><\/a> focuses on opportunities in emerging domestic geographies in consumer media and retail, healthcare, and financial services.\u00a0They prefer seed and early stage ventures.\u00a0Initial investment amount ranges from $500,000 to $1.5 million.<\/p>\n vSpring Capital<\/span><\/strong><\/a> focuses on technology \u2013 biotechnology, life sciences and information management \u2013 in seed, start-up or early stage, although they will invest in later stage companies under special circumstances.\u00a0Initial investment amount ranges from $2 million to $3 million, although investments can be as small as $250,000 or as much as $5 million.<\/p>\n Epic Ventures<\/span><\/strong><\/a>, formerly Wasatch Venture Fund<\/span><\/strong><\/a> focuses on all sectors of technology in early stage development.\u00a0Their new name reflects the organization\u2019s evolution from a local Utah firm to a growing regional and national fund.\u00a0Initial investment amount varies.<\/p>\n For definitions of the various stages of business development, see the glossary<\/span><\/strong><\/a> on the Finance New Mexico website.<\/p>\n Download 25_Sources of Equity Capital in New Mexico PDF<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" A list of angel and institutional equity investors in the state of New Mexico is provided, complete with links and a description of their specialty industries. Continue reading