Raise Scoreboard
Week 43Modal Labs, Inc. $602MFormfactor Inc $300MXona Space Systems Inc. $239MWaveDivision Capital XIX, LLC $163MSend Cut Send, Inc. $140MTCG Opportunity Fund II, LLC $113MCarter Investment Holdings, L.P. $112MTown.com, Inc. $104M

2026 season

Biggest startup raises in New Mexico, 2026

$36.8M across 12 new raises reported on Form D by companies based in New Mexico this season. Last season: $89.9M across 19.

This week Week 43, 2026 (Oct 19–25)

No new raises reported.

By league

New Mexico raises by leagueTech$14.7M · 3Finance$13.6M · 2Open$6.5M · 1Bio & Health$1.4M · 5Main Street$500K · 1

Weekly totals

New Mexico weekly totals$3M$7MW18: $425KW18W19: $6MW20: $0W21: $0W22: $0W22W23: $7MW24: $0W25: $0W26: $0W26W27: $0W28: $0W29: $0W30: $371KW30W31: $0W32: $500KW33: $0W34: $0W34W35: $0W36: $0W37: $0W38: $0W38W39: $0W40: $0W41: $0W42: $0W42W43: $0W43

Season leaders top 50

#CompanyLeagueRaisedRaisingFiled
1Zia Credit Union rookieFinance$10M$10MMar 5
2UbiQD, Inc.Tech$8.3M$15MFeb 13
3Aqua Membranes, Inc.Open$6.5M$13.2MJun 5
4Hoonify Technologies Inc.Tech$6M$8MMay 8
5Lea County Bancshares, Inc.Finance$3.6MindefiniteFeb 9
6Vitazi.AI, Inc.Bio & Health$500K$3MFeb 20
7YEEO Eco-Safe, Inc.Main Street$500K$1.2MAug 5
8NeuroGeneces, Inc.Bio & Health$425K$750KMay 1
9Quel Health, Inc.Bio & Health$385KindefiniteJun 3
10Indora Labs Corp. rookieTech$371KindefiniteJul 23
11Quel Health, Inc. rookieBio & Health$55KindefiniteApr 21
12Selva Nexus, Inc. rookieBio & Health$50K$750KApr 23