Verge Fund

Profile

Verge Fund is a venture capital firm based in Albuquerque, New Mexico. Founded with the goal of leveraging New Mexico's substantial research resources, the firm focuses on developing and nurturing local entrepreneurial talent. The team, led by General Partner Bill Bice, includes experienced professionals like Larry Lujan and Ron J. McPhee, who are dedicated to the economic growth of the state through innovation. The firm emphasizes community impact, combining decades of collective experience in the entrepreneurial sector to drive its mission forward.

Verge Fund invests in early-stage ventures with a particular focus on technology-driven companies rooted in New Mexico. While specific check sizes are not disclosed, their strategy includes Series A and Series B funding. The fund's comprehensive understanding of the local ecosystem, combined with partnerships at research institutions, aids in its commitment to regional innovation. The firm’s network and resources help propel its portfolio companies towards growth and success.

Notable portfolio companies include ZTEC - a test instrument manufacturer, Wellkeeper - remote monitoring solutions, Vibrant - non-destructive testing technology, and Vertical Power - electrical system solutions for aviation. This selection of companies reflects Verge Fund's commitment to supporting high-potential technologies that originate from New Mexico's unique research landscape.