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New Mexico Vintage Fund 2022 (NMVF), a partner fund of New Mexico Angels, recently closed on a $100,000 investment in Las Cruces-based Ganymede Games.
The fund invests in early-stage and high growth New Mexico companies, it said in a news release.
“Ganymede Games is having extraordinary success in its capital raising efforts,” said NMVF Managing Partner Drew Tulchin, president of New Mexico Angels. “In addition to our investment, Ganymede Games is planning on closing July with a total of $700,000 in investments.”
“Building on our previous success, this round ushers in the next phase for Ganymede Games,” said the company’s CEO, Jerry Prochazka. “Our team is excited to deliver new games to a growing customer segment. Thanks to Drew and the whole team for their continued support!"
Ganymede has seven full-time employees, NMVF said. The investment influx is allowing them to add three more.
Ganymede Games also was selected to participate in the Techstars Boulder 2022 Summer Program, NMVF said. That program, based in Boulder, Colorado, provides access to operators, venture capitalists, mentors and start-up thought leaders. Visit www.techstars.com/accelerators/boulder.
Ganymede Games is an independent games studio based in downtown Las Cruces. “It creates worlds that inspire exploration, adventures that spark curiosity and unique game play,” the news release said. Visit www.ganymede.games.
NMVF invests in early-stage and high-growth local companies, New Mexican entrepreneurs and entities whose products and/or services can benefit the people of New Mexico, the news release said. It is a micro-fund of just over $2 million. Visit nmvintagefund.com.
“New Mexico Angels operates with two primary goals: to provide its members with early-stage investment opportunities, and to educate the community about early-stage investing within the State of New Mexico,” according to https://nmangels.com/.