New Mexico Angels
1451 Innovation Pkwy SE Ste 600, Albuquerque, NM, 87123, United States
Overview
Founded in 1999, the New Mexico Angels is a private membership organization for qualified angel investors. Our mission is to provide opportunities where our members can obtain outstanding financial returns by investing in seed or early-stage companies in New Mexico and the Southwest and accelerate them to market leadership.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Finance
- Financial Services
Investment portfolio
- EcoPesticides
Participated · Series A · Jan 2015
EcoPesticides International develops biologic-based pesticides that use naturally occurring bacteria and fungi encapsulated in natural biopolymers to protect from UV and environmental degradation. Its encapsulation technology is intended to extend potency and performance while avoiding harm to people, animals, and beneficial insects. The company holds an exclusive global licensing agreement with the University of New Mexico and operates lab activities in Santa Fe. EcoPesticides is conducting trials targeting desert locusts in West Africa and grasshoppers in Montana, reporting promising results for its encapsulation approach. The funds from the recent round will advance the technology, support operations, and secure research and development partners. The company positions itself against a $50 billion global crop protection market and cites the microbial pesticide market growing from $2 billion toward $5 billion by 2020.