Key Takeaways
- • New Mexico Tech Week (NMTW), the state's first-ever, runs October 26–31, 2026, with more than 2,000 attendees, 200+ speakers, and 50+ partner organizations expected across Albuquerque and Santa Fe.
- • New Mexico venture capital investment climbed 50% year-over-year, according to the press release announcing the event.
- • The state's $72 billion State Investment Council has deployed $1.7 billion in strategic venture capital over the past three years, including $1 billion in the last six months, into funds such as Lowercarbon Capital, DCVC, and Lightspeed Venture Partners.
- • New Mexico's Economic Development Department launched a $25 million state-backed New Mexico Quantum Venture Studio in May 2026.
- • Since 2019, the state has added 6 GW of renewable capacity, created 14,000 clean-energy jobs, and attracted more than $10 billion in private investment.
Summary
The release frames the event as coming amid rapid growth in state technology activity. New Mexico venture capital investment rose 50% year-over-year. In May 2026, the state's Economic Development Department launched a $25 million state-backed New Mexico Quantum Venture Studio, with a campus in downtown Albuquerque's Innovation District. That launch followed ABQ-Net, described as America's first open-access, entanglement-based quantum network, and a $4 million quantum testbed partnership between QuEra Computing and Roadrunner Venture Studios. Quantinuum has expanded its Albuquerque presence and is an NMTW sponsor.
Nora Meyers Sackett, Director of the New Mexico Technology & Innovation Office, cited progress across quantum, aerospace, and advanced energy. On energy, the release says New Mexico has added 6 GW of renewable capacity since 2019, created 14,000 clean-energy jobs, and attracted more than $10 billion in private investment. The $72 billion State Investment Council, the sovereign wealth fund built on oil and gas revenue, has become an active investor in climate-focused venture funds including Lowercarbon Capital, DCVC, and Lightspeed Venture Partners. It has deployed $1.7 billion in strategic venture capital over the past three years, $1 billion of which came in the last six months.
TechFest, the state's flagship tech conference, anchors the week with its third edition on October 29–30 at WESST Enterprise Center, the Albuquerque Main Library, and Builders VC in downtown Albuquerque's Innovation District. Vicki Apodaca, NMTW co-founder, said the event is designed to help national investors, founders, and partners see the opportunity firsthand. Angelica Maestas, Director of Strategic Partnerships at Builders VC, described the value of connections among founders, investors, industry, and researchers. The full calendar and RSVP details are available at newmexicotechweek.com.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.