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New Mexico Economic Development Department

New Mexico Economic Development Department

Santa Fe, New Mexicoedd.nm.gov

Overview

The mission of the New Mexico Economic Development Department is to improve the lives of New Mexico families by increasing economic opportunities and providing a place for businesses to thrive. The department provides investment and technical assistance to help businesses grow and communities achieve their goals. It also administers programs that support community development.

Portfolio Companies

7

Website

edd.nm.gov

Investments

New Mexico Economic Development Department investments
CompanyDateStageLead
Solstar Space Co.Aug 2025GrantLead
SceyeSep 2024Series C-
NeuroGenecesJan 2023GrantCo-investor
Hoonify TechnologiesJan 2023GrantCo-investor
Mesa PhotonicsJul 2021GrantCo-investor
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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersSanta Fe, New Mexico
Year FoundedN/A

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