Venture Capital

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Ingenuity Venture Fund

Ingenuity Venture Fund is a private limited partnership fund established in 2020 in Albuquerque, New Mexico. The fund invests in New Mexico-based startups...

Ingenuity Venture Fund

Ingenuity Venture Fund is a private limited partnership fund established in 2020 in Albuquerque, New Mexico. The fund invests in New Mexico-based startups across emerging industries, including life sciences, agriculture, media & entertainment, space, software, and Industry 4.0. Investments require a warm referral, committee approval, and due diligence.

General information

Firm type

Venture Capital

Location

Region

North America

Country

United States

City

Albuquerque

Corporate office

Albuquerque, NM, United States

Additional offices

Menlo Park, CA, United States

Principals

Amanda Giannini

Fund Manager

Ben Strozier

Associate Fund Manager

Kyle Lee

IC Chair, ABQ

Sector focus

SpaceTechAdvanced ManufacturingSoftwareHard Tech

Frequently asked questions

Who runs investment decisions at Ingenuity Venture Fund?

Investment decisions are led by fund manager Amanda Giannini, who previously served as CFO of Verge Fund and of Descartes Labs. The investment committee is chaired by Kyle Lee, CEO of CNM Ingenuity. The fund also draws on technical advisors including former AFRL and BlackSky executives.

Which sectors does Ingenuity Venture Fund focus on?

The fund targets space-enabling technology, advanced manufacturing, hard tech, and software. Its portfolio includes satellite launch systems (X-Bow), biotech (NTX Bio, Circular Genomics), construction robotics (Build with Robots), and gaming (Ganymede Games).

How is Ingenuity Venture Fund related to CNM Ingenuity?

Ingenuity Venture Fund is the venture capital arm of CNM Ingenuity, the nonprofit innovation and workforce development organization founded by Central New Mexico Community College. The fund's investment committee chair, Kyle Lee, is CNM Ingenuity's CEO, and the fund's mandate includes fostering economic development in New Mexico.

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