Cottonwood Technology Fund is a venture capital firm based in Santa Fe, New Mexico, founded in 2009. The firm specializes in early and seed-stage investments, focusing on high-tech and deep-tech sectors, including robotics, photonics, optics, nanotechnology, and advanced materials. It also targets opportunities in healthcare, clean energy, and climate technology. Cottonwood seeks to invest between $1 million and $3 million, primarily in startups located in the Southwestern United States and Northern Europe. Its investment geography includes states such as Arizona, New Mexico, Texas, Colorado, and Utah, as well as regions in the Netherlands. The firm typically prefers to take a board seat in its portfolio companies, emphasizing a hands-on approach to fostering growth and innovation in disruptive technologies.
Circular Genomics is a company based in Albuquerque, New Mexico, specializing in the development of circular RNA diagnostics to enhance precision medicine in the treatment of neurological and psychiatric conditions. Founded in 2021, the company aims to improve the diagnosis and treatment of depressive disorders by utilizing circular RNA as a novel biomarker. This innovative approach allows for evidence-based treatment strategies, significantly reducing the time required for patients to achieve a therapeutic response. By focusing on the potential of circular RNA, Circular Genomics is positioning itself as a leader in the field of psychiatric and neurological diagnostics, enabling healthcare professionals to better address complex mental health issues.
BayoTech
Series C in 2021
BayoTech, Inc. is a company based in Albuquerque, New Mexico, focused on developing innovative hydrogen generation systems. Established in 2015, BayoTech manufactures steam methane reformers and hydrogen transport solutions, including high-capacity, high-pressure transport trailers. The company aims to advance sustainability in the hydrogen sector by providing low-carbon hydrogen solutions that reduce transportation emissions and optimize supply chains through local production. BayoTech operates a growing network of hydrogen hubs, such as the operational site in Wentzville, Missouri, and an upcoming hub in Stockton, California. By centralizing the hydrogen supply chain, BayoTech offers a complete portfolio of hydrogen production, transport, storage, and fueling solutions, making reliable and cost-effective low-carbon hydrogen accessible to various sectors, including agriculture, fuel cells, and energy.
BennuBio
Series B in 2020
BennuBio, Inc. is a technology company specializing in the development of flow cytometry equipment designed for the sorting and analysis of cells and particles in various applications, particularly those requiring the recovery of rare cells. The company offers The Velocyt system, which enables the detection of rare events such as activated T cells, circulating tumor cells, and fetal cells in maternal blood, supporting advancements in personalized medicine and drug discovery. Additionally, BennuBio provides spheroid generation systems and high-volume sorting systems, along with technical and application support services. Founded in 2018 and based in Albuquerque, New Mexico, BennuBio focuses on delivering innovative cell analysis solutions that accommodate a wide range of sample sizes and particle dimensions.
BennuBio
Series A in 2018
BennuBio, Inc. is a technology company specializing in the development of flow cytometry equipment designed for the sorting and analysis of cells and particles in various applications, particularly those requiring the recovery of rare cells. The company offers The Velocyt system, which enables the detection of rare events such as activated T cells, circulating tumor cells, and fetal cells in maternal blood, supporting advancements in personalized medicine and drug discovery. Additionally, BennuBio provides spheroid generation systems and high-volume sorting systems, along with technical and application support services. Founded in 2018 and based in Albuquerque, New Mexico, BennuBio focuses on delivering innovative cell analysis solutions that accommodate a wide range of sample sizes and particle dimensions.
BayoTech
Series B in 2018
BayoTech, Inc. is a company based in Albuquerque, New Mexico, focused on developing innovative hydrogen generation systems. Established in 2015, BayoTech manufactures steam methane reformers and hydrogen transport solutions, including high-capacity, high-pressure transport trailers. The company aims to advance sustainability in the hydrogen sector by providing low-carbon hydrogen solutions that reduce transportation emissions and optimize supply chains through local production. BayoTech operates a growing network of hydrogen hubs, such as the operational site in Wentzville, Missouri, and an upcoming hub in Stockton, California. By centralizing the hydrogen supply chain, BayoTech offers a complete portfolio of hydrogen production, transport, storage, and fueling solutions, making reliable and cost-effective low-carbon hydrogen accessible to various sectors, including agriculture, fuel cells, and energy.
Skorpios Technologies
Series D in 2015
Skorpios Technologies, Inc. is a fabless semiconductor company based in Albuquerque, New Mexico, specializing in silicon photonic integrated circuit products. Founded in 2009, the company develops and markets a range of opto-electronic integrated circuits, including 100G-CWDM system-on-chip receivers and transmitters. Skorpios Technologies also offers innovative solutions such as Template Assisted Bonding, which supports high-speed video, data, and voice communications across networking, cloud computing, storage, and cable TV applications. Additionally, the company provides gain materials, wafer-scale processes, uncooled tunable laser technology, and coherent transceiver devices. By designing and manufacturing integrated optical modules and subsystems, Skorpios enables high-bandwidth interconnectivity at competitive manufacturing costs, serving various sectors including aerospace and defense, bioelectronics, and communications.
xF Technologies
Debt Financing in 2014
xF Technologies Inc. specializes in the production of specialty chemicals by converting renewable biomass materials, such as cornstarch and sugarcane, into nontoxic and sustainable chemical products. The company offers a range of products, including methyl, ethyl, and isopropyl compounds, as well as plasticizers for the PVC market and various solvents for cleaning and processing applications. Additionally, xF Technologies develops innovative biofuels and petrochemical replacements through its patented molecular platform, which enhances environmental performance while providing cost savings. Founded in 2007 and headquartered in Albuquerque, New Mexico, the company aims to deliver solutions that improve environmental health and safety ratings across various industries, including agriculture, personal care, and paints and coatings.
xF Technologies
Series A in 2014
xF Technologies Inc. specializes in the production of specialty chemicals by converting renewable biomass materials, such as cornstarch and sugarcane, into nontoxic and sustainable chemical products. The company offers a range of products, including methyl, ethyl, and isopropyl compounds, as well as plasticizers for the PVC market and various solvents for cleaning and processing applications. Additionally, xF Technologies develops innovative biofuels and petrochemical replacements through its patented molecular platform, which enhances environmental performance while providing cost savings. Founded in 2007 and headquartered in Albuquerque, New Mexico, the company aims to deliver solutions that improve environmental health and safety ratings across various industries, including agriculture, personal care, and paints and coatings.
Skorpios Technologies
Series C in 2013
Skorpios Technologies, Inc. is a fabless semiconductor company based in Albuquerque, New Mexico, specializing in silicon photonic integrated circuit products. Founded in 2009, the company develops and markets a range of opto-electronic integrated circuits, including 100G-CWDM system-on-chip receivers and transmitters. Skorpios Technologies also offers innovative solutions such as Template Assisted Bonding, which supports high-speed video, data, and voice communications across networking, cloud computing, storage, and cable TV applications. Additionally, the company provides gain materials, wafer-scale processes, uncooled tunable laser technology, and coherent transceiver devices. By designing and manufacturing integrated optical modules and subsystems, Skorpios enables high-bandwidth interconnectivity at competitive manufacturing costs, serving various sectors including aerospace and defense, bioelectronics, and communications.
xF Technologies
Series A in 2013
xF Technologies Inc. specializes in the production of specialty chemicals by converting renewable biomass materials, such as cornstarch and sugarcane, into nontoxic and sustainable chemical products. The company offers a range of products, including methyl, ethyl, and isopropyl compounds, as well as plasticizers for the PVC market and various solvents for cleaning and processing applications. Additionally, xF Technologies develops innovative biofuels and petrochemical replacements through its patented molecular platform, which enhances environmental performance while providing cost savings. Founded in 2007 and headquartered in Albuquerque, New Mexico, the company aims to deliver solutions that improve environmental health and safety ratings across various industries, including agriculture, personal care, and paints and coatings.
VeriTran
Seed Round in 2013
VeriTran Inc., founded in 1998 and based in Albuquerque, New Mexico, specializes in the development of infinitely variable transmissions and powertrains. The company offers compact belted drives designed for adjustable and variable speed applications, catering to electric motors and various vehicle types, from small to large horsepower. VeriTran's products are utilized across a range of applications, including electric motor variable speed drives, engine-driven generators, small wind turbines, and automotive transmissions. The company has established a strategic partnership with TEAM Technologies Inc. to enhance its offerings and market presence.
xF Technologies
Series A in 2012
xF Technologies Inc. specializes in the production of specialty chemicals by converting renewable biomass materials, such as cornstarch and sugarcane, into nontoxic and sustainable chemical products. The company offers a range of products, including methyl, ethyl, and isopropyl compounds, as well as plasticizers for the PVC market and various solvents for cleaning and processing applications. Additionally, xF Technologies develops innovative biofuels and petrochemical replacements through its patented molecular platform, which enhances environmental performance while providing cost savings. Founded in 2007 and headquartered in Albuquerque, New Mexico, the company aims to deliver solutions that improve environmental health and safety ratings across various industries, including agriculture, personal care, and paints and coatings.
Skorpios Technologies
Series B in 2011
Skorpios Technologies, Inc. is a fabless semiconductor company based in Albuquerque, New Mexico, specializing in silicon photonic integrated circuit products. Founded in 2009, the company develops and markets a range of opto-electronic integrated circuits, including 100G-CWDM system-on-chip receivers and transmitters. Skorpios Technologies also offers innovative solutions such as Template Assisted Bonding, which supports high-speed video, data, and voice communications across networking, cloud computing, storage, and cable TV applications. Additionally, the company provides gain materials, wafer-scale processes, uncooled tunable laser technology, and coherent transceiver devices. By designing and manufacturing integrated optical modules and subsystems, Skorpios enables high-bandwidth interconnectivity at competitive manufacturing costs, serving various sectors including aerospace and defense, bioelectronics, and communications.
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