ALBUQUERQUE, N.M. — With so many local startups emerging from the state’s business accelerators and entrepreneurial support programs, investors are stepping up to help more firms find funding.
The New Mexico Angels in particular has spread its wings. The group of about 70 people, who pool their resources to invest in early-stage companies, pumped $1.6 million into 10 deals in 2015. And, unlike past years when the Angels funded a mixture of local and out-of-state firms, all of last year’s investment went to New Mexico businesses.
