Sources: 
Roadrunner Venture Consortium (RVC) has officially launched, backed by over
$25 billion in assets under management, to accelerate the growth of deep tech startups in New Mexico. The initiative is a collaboration between Roadrunner Venture Studios and the New Mexico State Investment Council (NMSIC), aiming to bridge the gap between innovative research and commercialization.
The consortium includes prominent venture capital firms such as
Playground Global, Lux Capital, Khosla Ventures, Crosslink Capital, At One Venture, and America’s Frontier Fund (AFF). These founding participants bring significant financial resources and expertise to support startups working in advanced technology sectors.
RVC will focus on identifying and nurturing startups in key areas including
advanced computing, semiconductors, robotics, new materials, and artificial intelligence. This focus aligns with New Mexico’s legacy as a hub for cutting-edge science and technology.
Jon Clark, State Investment Officer for the NMSIC, emphasized the importance of the consortium:
“New Mexico has long been home to the nation’s most cutting-edge science and institutions, but too often, these transformative ideas don’t make it beyond the lab.” The consortium aims to change that by connecting startups with leading venture capital firms and national laboratories.
By leveraging the combined expertise and capital of its members, the Roadrunner Venture Consortium seeks to foster innovation, create jobs, and position New Mexico as a national leader in deep tech entrepreneurship.
Sources: Roadrunner Venture Consortium, backed by $25 billion in assets, has launched to support New Mexico deep tech startups. The consortium, including Playground Global and Lux Capital, aims to connect startups in AI, semiconductors, and robotics with top U.S. venture capital and national labs.
