Next Frontier Capital Fund, Backed by New Mexico State Investment Council, Invests in Boulder-Based Venture Capital Fund

Venture capital fund Next Frontier Capital Fund recently received an investment from the New Mexico State Investment Council (NMSIC). The investment will be used to fund early-stage technology companies in New Mexico. The NMSIC is a public pension fund that invests on behalf of New Mexico state employees.

The Next Frontier Capital Fund is a venture capital fund that invests in early-stage technology companies. The fund was founded in 2019 by a team of experienced venture capitalists with a track record of investing in successful technology companies. The fund is based in Boulder, Colorado.

The NMSIC's investment in the Next Frontier Capital Fund is part of its broader strategy to invest in venture capital funds that are focused on investing in New Mexico-based companies. The NMSIC has invested in several other venture capital funds in recent years, including the New Mexico Venture Capital Fund and the Cottonwood Technology Fund.

The Next Frontier Capital Fund is expected to invest in a variety of early-stage technology companies, including companies in the software, hardware, and biotechnology sectors. The fund has already made several investments, including investments in a company that is developing a new type of solar panel and a company that is developing a new type of medical device.

The Next Frontier Capital Fund's investment in Boulder-based venture capital fund is a significant development for the New Mexico venture capital ecosystem. The investment will provide much-needed capital to early-stage technology companies in New Mexico and will help to create jobs and economic growth in the state.