Site icon Polvadera Chiles and New Mexico News

New venture capital fund invests in Santa Fe tech company

Another venture capital fund just made its first investment.

NMA Ventures, which funds early-stage, high-tech companies in New Mexico, invested $300,000 in Fusion Funnel, a sales intelligence software company based in Santa Fe.

NMA was created in 2017 by local investors John Chavez, Dorian Rader and Sherman McCorkle. In May, the fund received $1.6 million from the Catalyst Fund, which invests in growing venture capital firms throughout the state and is managed by Santa Fe’s Sun Mountain Capital.…

Source: The Business Journal

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