A bit more early-stage venture capital soon will be available for New Mexico startups thanks to a new State Investment Council commitment of up to $10 million for Epic Ventures’ newest fund.
Utah-headquartered Epic, which operates a local office in New Mexico, is raising its fifth fund with an initial target of $75 million. The SIC approved an investment of up to $10 million, or a maximum of 10 percent of the final value of the fund, at the end of May.
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To read the original article: SIC approves up to $10 million for venture fund | Albuquerque Journal News
