The Latest on Verge
EPRI Applies Airline Industry Inspection Technique
June 26, 2020
The Electric Power Research Institute (EPRI) has evaluated the application of an inspection technology developed for jet aircraft engines to help operate industrial and power sector gas turbines more safely and reliably. EPRI's evaluation focused on applying Vibrant Corporations Process Compensated Resonance Testing (PCRT) for hot section blades, finding that the technology's use can decrease the risk of turbine blade failure and extend the useful life of gas turbine components—enhancing safe operation while saving time and money.
During the testing, EPRI has compiled model-specific blade frequency characteristics, including data on more than 11,000 blades to date, a database which continues to grow. The findings of EPRI's research will be published in an American Society of Mechanical Engineers (ASME) journal this summer.
Read the Complete Press Release Here: (link opens in new tab)
New start-ups face tough times
May 5, 2020
After the Great Recession pummeled the economy in 2008-2009, venture investment in New Mexico ground to a near halt as struggling venture-backed startups crashed and burned and investors hunkered down to await better times.
Today, the economy is taking a far worse beating from COVID-19 than it did in the recession. But this time, state officials and investors say New Mexico’s venture investment ecosystem is far more mature and stable than during the recession, making a repeat of the 2008 meltdown highly unlikely.
Read More on the Albuquerque Journal site (link opens in new tab)
boomtime Launches Word of Mouth Marketing Podcasts
June 10, 2019
boomtime CEO Bill Bice and Erin Barrio, Communications Manager for Verge Fund and Marketing Strategist for boomtime, have created a new podcast, B2B Word of Mouth Marketing, with weekly episodes to discuss word of mouth and how this form of marketing can help your business grow.
Additionally, they are working on launching a second podcast, Legal Word of Mouth Marketing, that will target target law firms and attorneys in leveraging word of mouth to grow their firm.
Listen to the latest episodes of the B2B Word of Mouth Marketing podcast on the boomtime website, and visit iTunes to subscribe.
ABQ tech firm inks deal on expansion
February 5, 2019
Albuquerque aerospace company Vibrant Corp. has signed a lease to expand its facility and is preparing to grow its local workforce.
Patricia Knighten, vice president of business development, said the 10-year old company, which also has an office in Germany, expanded its facility at 8916 Adams St. NE to include the entire 12,500-square-foot building in September just months after first moving in.
Read More on the Albuquerque Business First site (link opens in new tab)
New Mexico's fastest growing companies of 2018
October 17, 2018
The secret to success is sustained growth. About two-thirds of businesses with employees survive at least two years and about half survive at least five years, according to the SBA.
We're honoring 25 companies that have done more than survive, they've thrived and seen strong revenue growth over the past three years. Here are Albuquerque Business First's 2018 Fastest Growing Companies honorees for 2018, listed alphabetically in the accompanying slideshow.
Read More on the Albuquerque Business First site (link opens in new tab)
Vibrant grows; Boeing taps Robotic Skies
October 17, 2018
Albuquerque-based Vibrant Corp. has expanded its facilities, technology capabilities, customer base and geographic reach for its manufactured-component testing services.
The company, a homegrown startup that launched in 2007 with backing from the Verge Fund and the New Mexico Angels, moved from a 5,500-square-foot facility to a 10,000-square-foot space this year near Alameda and Jefferson. We're honoring 25 companies that have done more than survive, they've thrived and seen strong revenue growth over the past three years. Here are Albuquerque Business First's 2018 Fastest Growing Companies honorees for 2018, listed alphabetically in the accompanying slideshow.
Read More on the Albuquerque Journal site (link opens in new tab)
boomtime rolls out recruiting for law enforcement
September 21, 2018
Albuquerque-based Boomtime is marketing new social media-based recruiting tools intended to help law enforcement agencies nationwide expand their ranks.
Two new interactive websites and apps went live in August to boost New Mexico State Police and Bernalillo County Metropolitan Detention Center efforts to connect with a younger generation of potential recruits. Now, the company is using those platforms as a model for other agencies across the country.
Read more on the Albuquerque Journal site (link opens in new tab)
How to Plan for A Successful Exit: An Interview with Terry Dunlay
Part II: Going out for Sale
August 17, 2018
In the first installment of this series, Verge Communications Manager, Erin Barrio, interviewed IntelliCyt CEO Terry Dunlay to get insight into the successful acquisition of the company in 2016, focusing on how he and the company knew when they were ready to go out for sale. In case you missed it, you can catch up on the first installment on our website by clicking here.
In the second part of this series, Erin and Terry continue their conversation, this time, concentrating on the logistics of Going Out for Sale.
Pajarito Powder Lands Lead Role on $1M DOE Project
August 17, 2018
An Albuquerque energy company (Verge Fund's Pajarito Powder) has secured a contract worth nearly $1 million from the Department of Energy to continue developing fuel cells. The project will bring together the expertise of various energy firms, with Pajarito the lead recipient, according to a press release.
3 New Mexicans to know, and meet the new CEOs
July 13, 2018
Read the full article on Albuquerque Business Journal (subscription required)
How to Plan for A Successful Exit: An Interview with Terry Dunlay
July 2, 2018
Part I: Recognizing When You're Ready to Go Out for Sale
June 28th marks two years since Verge Fund portfolio company IntelliCyt was successfully acquired by Sartorius, a German pharmaceutical company, for $90 million dollars, making it one of the largest tech exits in the State.
Looking back at the process, Erin Barrio, Verge Communications Manager, sat down with Terry Dunlay to get his insight on acquisition development, what worked, what didn’t, and what he’d do differently.
This is a three-part series, each installment focusing on a different core tenet of the acquisition process. In this first installment, we’ll be focusing on Recognizing When You’re Ready to Go Out for Sale.
NM’s Flying 40: Surging higher still
June 18, 2018
ALBUQUERQUE, N.M. — The list of New Mexico’s Flying 40 accompanying the story below inadvertently omitted three companies. Their information is as follows: Verus Research, founded in 2014; 36 employees; gross revenues $10,275,551 Emerging Technology Ventures Inc., founded 2014; 13 employees; gross revenues $1,140,000. Click here to read more.
'It's a logical progression:' Boomtime sees CEO switch
June 18, 2018
Albuquerque-based word-of-mouth marketing firm Boomtime will soon see Executive Chairman Bill Bice take on a new role as CEO. "It's a logical progression," current CEO Mark Canon said. "He was the original founder." Read more
Busting Entrepreneurial Myths in New Mexico
June 4, 2018
Members of the Verge Fund were recently featured in a Silicon 66 article. The article delves into the unique challenges and opportunities of investing outside of Silicon Valley.
Click here to read the full article on the Silicon 66 Website (link will open in new tab): Lim, Ziomeck, Dunlay – Busting Entrepreneurial Myths in New Mexico
New Mexico Tech Investors and Entrepreneurs 3rd Annual Conference
April 18, 2018
Verge Managing General Partner Tom Stephenson participates in 3rd Annual Investors and Entrepreneurs Workshop
Socorro, NM. (April 13-14, 2018) - New Mexico Tech University hosted the 3rd annual Inventors & Entrepreneurs Workshop this past weekend at their campus in Socorro, NM. The two-day business start-up conference is an event dedicated to ‘facilitating the progression of ideas from conception to market’, and included presenters and panelists on a variety of topics, including Tom Stephenson, Verge Fund Managing General Partner and CEO & Chairman of local tech start-up, Pajarito Powder, LLC.
Stephenson participated in two separate panel discussions, including Investing in Inventions, Research & New Technologies: The Why, How & When Decision Process on the first day of the conference, and Investing in New Mexico’s Technology Future the following day. Stephenson was joined in the panel discussions by academics and other professionals who work with the start-up community in New Mexico, including State government officials, university executives, researchers and managers from venture firms outside of New Mexico.
New Mexico EDD Interviews Tom Stephenson
April 9, 2018
The New Mexico Economic Development Department reached out to the Verge Fund to ask "Why New Mexico?" in their latest newsletter. Check out the full newsletter, including the complete interview with Tom Stephenson, in the attached PDF below.
Life in a Global Start-Up
January 16, 2018
Thomas Stephenson, Verge partner and Chairman & CEO of Pajarito Powder, provides unique insight into working as a startup on a global scale. Read his full article on LinkedIn, or via PDF below:
Vibrant ranked amongst Albuquerque's Largest New Mexico Aerospace and Aviation Cos.
October 25, 2017
In a recent Albuquerque Business First article, the state's largest aerospace and aviation companies were ranked based on how many New Mexicans they employ. Ranking 9 th with 20 employees, Verge Fund portfolio company Vibrant was listed among big names like Boeing, employing 227 people. Headquartered in Albuquerque, NM since its founding in 2007, Vibrant’s Process Compensated Resonance Testing (PCRT) services are an accurate, fast and affordable solution to the needs of the aerospace and power generation industries. Vibrant’s services enhance safety of flight and improve operating eco nomics for manufacturers, maintainers and operators.
Exemplify makes Albuquerque Business First’s "Deals of the Year" for 2017
October 10, 2017
Last week the Albuquerque Business First announced this year’s Deals of the Year awards celebrating 46 of the best deals, in 10 different categories that took place in New Mexico this year. Amongst the chosen finalists was Verge portfolio company, Exemplify, featured in their Professional Services Category.
Exemplify, a legal software company designed to aid attorneys in drafting complex legal documents, was acquired by Bloomberg BNA. Exemplify’ s software application will power Bloomberg Law's Draft Analyzer.
Deals were chosen based off the size of each deal and its potential benefits to New Mexico as well as deals that had received significant news stories during the period of consideration for this year’s awards ceremony.
The original story and the other 46 deals chosen can be read here.
Pajarito Powder Could Change Cars Forever
July 24th, 2017
Pajarito Powder, a company headquartered in Albuquerque, NM, is currently working with almost every major car company in the world to transfer technology developed here in New Mexico into a market to make hydrogen powered vehicles an affordable reality - and the company has a great potential to create local jobs.
Verge Fund Listed Most Active VC in New Mexico
June 12, 2017
CB Insights, a Tech Market Intelligence platform, maps Verge Fund as New Mexico's most active Venture Capital.
Learn more about their selection criteria and see Verge Fund on their map at this CB Insights Article.
Verge Fund Names New Director of Finance
June 5, 2017
Article courtesy Albuquerque Business First
Verge Fund, the state's second-largest venture capital firm, has named its new director of finance.
Chris Gregory, a New Mexico native, started handling Verge's finances Tuesday, managing general partner Tom Stephenson told Albuquerque Business First. Last year the firm managed nearly $40 million, according to Business First's latest Venture Capital Firms List.
Chris Gregory has been named as Verge Fund's director of finance.
Gregory, a certified public accountant, was brought on a week after previous CFO Amanda Giannini stepped down to become head of finance for fast-growing technology company Descartes Labs. This marks Gregory's first go at heading finances for a venture capital firm.
In 2012, he received a Bachelor of Accountancy and a Bachelor of Business Administration with a concentration in finance from New Mexico State University. He has worked as an auditor for national professional services firm CliftonLarsonAllen LLP for five years before joining Verge.
Stephenson said he was excited to welcome Gregory to the team.
"Chris [Gregory]’s skills and experience are an excellent match to the director of finance position and he will continue the strong tradition of transparency and efficiency in the back-office functions, coupled with strong investor relations that are critical to the success of a professional venture capital firm like Verge," he said.
Gregory said he was glad to get the job as well.
“Through my years at a CliftonLarsonAllen, I gained invaluable skills and experience that put me in an amazing position to become the director of finance at Verge," Gregory said. "As a new member of the Verge team, I hope to contribute to the continued success of one of the leading venture capital firms in New Mexico.”
Verge Fund Predicts Whirlwind Year for Local Tech
January 25, 2017
Tom Stephenson, managing general partner of Verge Fund, predicts 2017 will be a time of major growth for tech that has been in the making for many years. click here.
Hundreds of NM Startups Have One Thing In Common
January 24, 2017
Peter Soliz, founder and CEO of Albuquerque-based VisionQuest, said his company’s rapid retinal screening technology for diabetics might still be languishing in a University of New Mexico lab if it weren’t for the federal government’s Small Business Innovation Research program. VisionQuest has received 15 SBIR grants for a total of $16.3 million since launching in 2008, allowing it to fully develop the retinal-imaging technology that Soliz and other engineers originally created at UNM.
That federal funding also allowed it to build additional, spin-off technologies to screen diabetic patients for nerve damage in their feet, diagnose retinopathy in infants born prematurely and to identify malarial retinopathy, which can indicate cerebral malaria in patients. Click here to read more.
Verge Fund-backed company acquired by Bloomberg BN
November 3, 2016
An Albuquerque-based legal technology firm was just acquired by Bloomberg BNA. Exemplify, a legal software company that aids attorneys in drafting complex legal documents, will now be the software application that powers Bloomberg Law's Draft Analyzer. The deal closed Oct 31. Bill Bice, partner in the Verge Fund, which invested in Exemplify, declined to disclose what Bloomberg BNA paid for the company or what Verge Fund's stake was. Bice became CEO of the company after Verge Fund's investment.
Venture Capital Trend Could Be Good New for NM
October 7, 2016
It's a well-known fact: there's not a ton of money in New Mexico for startups and entrepreneurs. The good news is, there might be more coming. Bill Bice, partner at the Verge Fund, says venture capitalists are starting to realize there's money to be made outside of Silicon Valley. "There is a new breed of investor," Bice said. "And they're looking for opportunities outside of the mainstream."
ABQ firm hoping to clean up in wastewater biz
September 29, 2016
A new homegrown, mobile industrial-water cleansing technology will soon head to California markets with a door-to- door recycling service for metal processing plants and other facilities. The technology, developed by Albuquerque-based startup SlipStream LLC, completely eliminates the contaminants in factory-processed water, allowing small operators to recycle 95 percent of their liquids for re-use instead of carting it off to landfills, said company CEO Paul Short. For more information about SlipStream click here.
Albuquerque Business First's C-Suite finalists
September 6, 2016
If you've been waiting for us to announce this year's Top CEOs honorees, you won't find them. Instead of focusing this award on just CEOs, we have expanded this event and award to include executives throughout the C-suite. "For several years, we’ve recognized New Mexico’s top chief executives with our Top CEOs awards," Rachel Sams, Albuquerque Business First editor-in-chief said. "We expanded this program to the C-Suite Awards this year to honor the achievements of top executives throughout the C-suite who are demonstrating outstanding leadership at New Mexico companies." Click here in order to read more.
Growing ABQ Biotech Startup Acquired for $90M
June 28, 2016
A technology that’s been around for a while just got a big boost, and an Albuquerque-based company that pioneered it is now on the board as one of the biggest tech exits in recent years. Sartorius, a Germany-based international pharmaceutical and laboratory equipment provider that had 1.1 billion euros in sales last year, announced in a press release that it acquired Albuquerque’s IntelliCyt Corp. for $90 million in cash.
ABQ's IntelliCyt acquired by German firm for $90M
June 28, 2016
The German pharmaceutical firm Sartorius AG has acquired one of New Mexico’s homegrown high-tech startups, IntelliCyt Corp., for $90 million. The deal, one of the largest such acquisitions of a homegrown Albuquerque-based startup, is great news for IntelliCyt — which will continue to operate in New Mexico with its current 55-employee workforce — and for continuing to build the local startup economy, said Lisa Kuuttila, president and CEO of the University of New Mexico’s Science and Technology Corp., UNM’s technology transfer office. For more information, please see the link below.
Journal Article (PDF)
Frost & Sullivan Applauds IntelliCyt's iQue®
May 17, 2016
Mountain View, CA -- Based on its recent analysis of the high throughput multiplexing market, Frost & Sullivan recognizes IntelliCyt with the 2016 North American Frost & Sullivan Award for Product Leadership. IntelliCyt's unique platform, the iQue® Screener, is an integrated system that is not only scalable, but offers an end-to-end solution to address researchers' challenges. The platform provides fast, rich, multiplexed information about each cell while ensuring quality of the data obtained. You can read the full article here.
AstraZeneca Enters into Agreement with IntelliCyt
May 10, 2016
IntelliCyt, a leading provider of integrated platforms that accelerate drug discovery, antibody discovery and immuno-oncology research today announced a collaboration with AstraZeneca to further the development of high throughput biology applications to provide insights into the complex biology of disease. AstraZeneca will utilize IntelliCyt products to profile phenotypic and functional endpoints of cells through the use of cell-based and bead-based assays in AstraZeneca’s advanced phenotypic drug discovery and immune-profile programs.
PR Web Article (PDF)
Pajarito Powder Announces PHC-3000 Carbon Support
April 25, 2016
Albuquerque, NM USA, Pajarito Powder, LLC a leader in precious-metal-free catalysts, announces the commercial availability of the reformulated PHC-3000 Engineered Carbon Support (ECS). Pajarito Powder released technical specifications and pricing of the newly reformulated ECS product. The Engineered Carbon Support (ECS) provides customers with high-power density requirements a unique solution for low-platinum catalysts, allowing for both increased activity at low levels of platinum and strong End-Of-Life (EOL) performance. Click here to read more.
One-on-One with Bill Bice
January 25, 2016
In building his own booming software company, Bill Bice made his share of blunders. There was, he says with a quiet laugh, a “whole, 15-year series of mistakes.” But the Albuquerque native obviously did a whole lot right, too; his ProLaw system, a tool that helped law firms automate and manage their operations, was acquired in 2001 by what is today Thomson Reuters. Having survived and thrived as an entrepreneur, Bice has spent the past decade guiding others pursuing their own dreams. Click here for the full article.
How Albuquerque Built an Entrepreneurial Movement
December 16, 2015
At first glance, Albuquerque, New Mexico doesn't look like a booming business city. Known more for scientists than startups, the city is home to zero Fortune 500 companies, has a weak real estate market and one of the highest income inequality gaps in the nation. But that doesn't mean that startups can't succeed in the state's largest city. Skorpius Technologies closed a $19 million Series B round in 2011. To read the full article click here.
ABQ Clean Energy Company Selected for $2.8 million
December 3, 2015
Pajarito Powder LLC, an Albuquerque manufacturer of non-platinum fuel cell catalysts, has been selected for an award of $2,790,000 from the U.S. Department of Energy's Advanced Research Projects-Energy office that would enable cost-effective hydrogen production for fuel cells. The grant, which Pajarito Powder began applying for in February, would fund a three-year development phase for the new electrodes — components for electrolyzers which company CEO and chairman Tom Stephenson explains operate as fuel cells in reverse to generate hydrogen capable of storing energy. To read the full story click here.
IntelliCyt Corp collects $7.4 million
October 22, 2015
Albuquerque, New Mexico-based IntelliCyt Corp, a provider of integrated platforms to accelerate drug discovery, antibody discovery and immunology, has closed $7.4 million in new financing, which includes $5.4 million in venture financing and a $2 million debt facility. Arboretum Ventures led the venture funding round with participation from current backers Prolog Ventures, Verge Fund and New Mexico Community Capital. Oxford Finance provided the debt funding.
The full press release can be viewed here.
Upper-level management a New Mexico challenge
August 19, 2015
State officials have been on a big sales push to bring a new corporate headquarters to New Mexico. The benefits could be huge, from increased tax revenue to prestige and, of course, jobs. But, said Bill Bice, the chairman and president of the ABQid accelerator, if that's all you're looking at, you're missing the point. To read the full article click here.
Larry Lujan Joins Verge Fund as a New Partner
June 15, 2015
Lujan, 61, said that he's invested in some Verge portfolio companies and that his relationship with partners Tom Stephenson, Ron McPhee and Bill Bice has grown to the point that he wanted to join the venture capital fund. Lujan was one of the original investors in Verge's Nuvita, which grew out of some ideas that Lujan had at the insurance firm. For the full article click here.
Bice advice: Invest in yourself, New Mexico
June 1, 2015
Bill Bice is the chairman and president of ABQid, an accelerator and startup fund that identifies the people, ideas and companies that will be dynamic players in New Mexico’s future, home-grown economy. Bice, 46, spoke with Albuquerque Business First about his entrepreneurial career and what he hopes to help accomplish with ABQid. For full article click here.
BoomTime nabs $800K investment
December 23, 2014
Albuquerque startup BoomTime recently closed on a new $800,000 investment round that will help the company grow in Albuquerque and other markets, according to company chairman and Verge Fund founding partner Bill Bice. BoomTime specializes in small business identity marketing. It runs the popular SpaBoom company, which is an alternative to Groupon, and it generates content, promotions and other marketing strategies for companies. The company is a Verge Fund portfolio firm and is located Downtown. Click here for the full article.
NORIBACHI NAMED TO INC. 5000 LIST
LOS ANGELES, CA – September 4, 2014: Noribachi has been named to the Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. In its first appearance, U.S.-based Noribachi, pushed past the Top 1000 in the overall rankings as well as claimed a Top 20 spot in the Manufacturing category. For the complete news release click here.
IntelliCyt Announces Shipment of New Instrument
July 28, 2014
IntelliCyt Corporation, a leading provider of high throughput cell- and bead-based screening solutions, announces the shipment of iQue® Screener HD. Breaking new ground in the miniaturization of suspension assay formats, the iQue Screener HD is the first and only commercially available instrument that can process, analyze, and visualize data from 1536 well microplates. The company also announces the availability of new MultiCyt® reagents to profile cell health and monitor cell function. For the full article click here.
Santa Fe startup opening Silicon Valley office
May 12, 2014
Santa Fe startup SportXast will open a new office in Silicon Valley, thanks to a winning pitch at the entrepreneurship incubator nestGSV’s #pitchit event. The company came in third at the event, held April 30. The sponsor, nestGSV, which is part of GSV Capital and HandsOn.TV, invited eight companies to pitch at the event. To read the full article click here.
IntelliCyt Launches iQue Screener
July 1, 2013
IntelliCyt Corporation, a provider of assay screening solutions for phenotypic drug discovery, antibody discovery and in vitro toxicity testing, today announced the commercial launch of their new iQue™ Screener. The system is the latest addition to IntelliCyt’s platform of instrumentation, application-specific reagents, integrated multi-user analysis and informatics tools. To view the full press release click here.
New Mexico's Flying 40 Event hosted by TVC
June 19, 2013
Verge Fund's portfolio company Vibrant Corporation, was honored by TVC as one of New Mexico's Flying 40. To view the full list of New Mexico's fastest growing technologies companies click here.
Morning Brew Interview with Bill Bice
This week Verge Fund's Bill Bice appeared on Morning Brew to promote Albuquerque Startup Weekend. This event is an excellent opportunity for aspiring entrepreneurs. To see the full interview click here.
TruTouch International Sales/Marketing
May 21, 2013
TruTouch Technologies, Inc. today announced that it has signed several international distribution agreements to market TruTouch’s rapid optical alcohol detection and biometric test.
Business Wire Article (PDF)
IntelliCyt Corp Closes $8 Million in New Financing
May 6, 2013
Albuquerque, New Mexico (PRWEB) May 06, 2013 – IntelliCyt Corporation, a leading provider of assay screening solutions for phenotypic drug discovery, antibody discovery and in vitro toxicity testing, today announced it has completed an $8 million financing round.
The financing was led by new investor Arboretum Ventures with participation from existing investors Prolog Ventures, Verge Fund, and New Mexico Community Capital. In connection with the financing, Tim Petersen and George Dunbar of Arboretum Ventures will join IntelliCyt’s Board of Directors. To view the full press release click here.
Fresh Shot of Capital
February 5, 2013
A fresh, $1.3 million capital infusion is helping TruTouch Technologies Inc. conduct a global marketing blitz for its newly remodeled intoxication-detection device.
TruTouch Technologies Spotlight on First Shift
April 6, 2012
Verge portfolio company TruTouch Technologies, has been spotlighted on this morning's First Shift: Automotive News. They are one of two new technologies being featured in the Wall Street Journal as the new wave in drunk driving prevention. Click here to view the webcast.
Bill Bice featured in Law Technology News
April 1, 2012
Bill Bice, general partner in Verge Fund, is featured in April’s Law Technology News. Bice, co-founder and chair of LiquidPractice, and Graham Smith, founder and CEO of Opus 2 International, talk about Law Technology News’ April cover story, “Is there a Second Act in Legal Technology?” Bice and Smith explain why they decided to return to the legal technology community after selling ProLaw and LiveNote to an industry giant. Click here to read the article. Click here to listen to the podcast.
Wellkeeper Opens New Office in Denver
March 6, 2012
March 6, 2012 Verge portfolio company, Wellkeeper Inc. announced its sixth office location near the Denver Technological Center. The office will be home to additional software development staff and help accelerate the delivery of new software to Wellkeeper customers. To view a copy of the full announcement please see below.
Article by Tom Stephenson in the ABQ Journal
January 16, 2012
Verge Fund Managing General Partner, Tom Stephenson,
wrote an article which is featured in Monday, January 16, 2012's, Albuquerque
Journal's Business Outlook Executive's Desk column, in an article titled
“Entrepreneurs need right capital partner". The article features advice
about what kind of funding an Entrepreneur should seek depending on their
business model. To read the full
article, please see below.
TruTouch Technologies featured in NM Business Weekly
January 5, 2012
Verge portfolio company, TruTouch Technologies Inc., has been featured in New Mexico Business Weekly. The article highlights TruTouch’s alcohol-detection device. The device eliminates conducting breath, blood, or urine tests for alcohol detection on automobiles and machinery. To see the NMBW article click here.
Tom Stephenson Presents at Leadership NM’s Connect
November 17, 2011
Verge Fund Managing General Partner, Tom
Stephenson, spoke at Leadership New Mexico’s ‘Connect New Mexico Program’ on
November 17, 2011. Tom presented on “The Role of Venture Capital and Entrepreneurship
in Business Start-Ups in New Mexico”. To view a copy of the presentation please
see below. For more information about
Leadership New Mexico click here.
Nuvita Inspires Employees to Live Longer
November 1, 2011
Los Alamos National Bank and Title Guaranty (LANB, TG) have completed the Nuvita "Live Younger" challenge, and its employees have achieved life changing results. Believing that the well-being of its employees plays a key role in the well-being of the organization, LANB and TG wanted to offer a program that made a difference in the health and lives of its employees. To read the full press release click here.
Paul Short to Present at Energy Forum in El Paso
October 26, 2011
Verge Entrepreneur-in-Residence, Paul Short,
will be speaking at the El Paso, TX convention center on October 26, 2011 for
the “Re-Energize the Americas in Collaboration with the Border Energy Forum”.
The presentation will cover global water usage and future industry impact. Paul
will be part of the “Session 3B: Regional Energy Investment” panel on October
26, 2011. To view more information about the event click here. Please see below
for slides from Paul's presentation.
Altela’s new JV aimed to treat Frac Water
October 25, 2011
A new joint partnership was announced to provide a solution to environmental issues surrounding treatment of mineral-laden brackish water from Marcellus Shale drilling. A partnership between Casella Waste Systems Inc., Rutland, VT and Altela Inc., privately held water desalination company in Albuquerque, NM forms Casella-Altela Regional Environmental Services LLC. To view a copy of the press release please see below.
TruTouch Device Showcased in Swiss Newspaper
October 22, 2011
The TruTouch Technologies product, Alcohol Biometer TT2000, was part of the ‘Milipol’ Security Innovation demonstration. The product was part of a series of products showcased on October 22, 2011 in the Swiss newspaper “Grand Angle” article. Please see below for a copy of the article.
TruTouch Device Showcase Article (PDF)
Rough Translation of the TruTouch TT2000 description is as follows:
ALCOHOL
BIOMETER
It is a device that allows independent control to quickly read the blood
alcohol content. Useful to check the status
people performing risk activities (industrial sites, transport, security
airport oil, etc.).. the large advantage of Alcohol TT2000 is the Biometer ease
of use. No need to take blood or verification of breath. Just put the
finger on the infrared sensor to determine if they are drunk or not.
Tom Stephenson Presented to NM Tech Students
October 17, 2011
Verge Fund Managing General Partner, Tom Stephenson, spoke at New Mexico Tech about “Commercialization Preliminaries” this past Friday. Tom discussed the consideration of commercialization possibilities at the very early stages of research efforts. To view a copy of the presentation please see below.
Paul Short Presented at STC UNM
October 17, 2011
Verge Entrepreneur-in-Residence, Paul Short, spoke at the University of New Mexico about “The Opportunity Assessment”. The presentation covered the importance of assessing the market for newly developed technologies before a business plan is even written. The seminar was held at STC UNM on October 19, 2011 at 12:00pm-1:00pm. To view a copy of the presentation please see below.
Altela Featured on TEDxABQ Conference
September 10, 2011
Altela Inc. CEO Ned Godshall was recently invited to give a talk at the 2nd annual TEDxABQ conference in Albuquerque on September 10th. “TED” is a well-regarded lecture series that started in Monterey California. TED has expanded globally, and has spawned local TED conferences. Video of Ned’s talk can be seen below:
Nuvita Helps Employees Stand Up for Health
August 23, 2011
Fox News Austin recently profiled how Nuvita helps a Texas company achieve healthy results by making mild adjustments to your work day routine. To see the video, please click here.
Tom Stephenson featured in NMBW
July 22, 2011
Tom Stephenson, Managing General Partner of Verge, was profiled as the Face of Business in this week’s New Mexico Business Weekly. To read more about Tom Stephenson and Verge, please click here.
Nuvita Program significantly lowers Health Risks
July 15, 2011
Nuvita’s specially designed health and well-being program is seeing significant results across all risk categories. Nuvita, a Verge portfolio company, contracts with companies to provide their employees with a step by step program to improve the employee’s overall health. To read more please click here.
Nuvita appears on KOB’s Good Day New Mexico
May 20, 2011
Nuvita, a Verge portfolio company, recently appeared on KOB-TV’s Good Day New Mexico. The video segment demonstrates how Nuvita operates by interviewing Nuvita employee Jose Maresma, and a local New Mexico company, MIOX, that utilizes Nuvita’s services. MIOX highly values its employee’s health and happiness and decided to use Nuvita to help shape healthy employee habits such as exercise and eating right. To see the video, please click here.
BoomTime Booms Restaurant Businesses
May 6, 2011
BoomTime, a Verge portfolio company, offers web-based promotional services so that restaurants can more easily reach customers. BoomTime offers web management and social media marketing tools in order to make management of the Restaurant easier. This would allow the Restaurant to concentrate on service to the customer and thus increase revenue. To read more, please click the pdf below.
NMBW Article (PDF)
Verge EIR Paul Short presents at TVC Seminar
March 25, 2011
Verge Entrepreneur in Residence Paul Short recently presented on the formation of business plans at Technology Venture Corporation’s Center for Commercialization and Entrepreneurial Training seminar in Santa Fe, New Mexico. Below are slides from Paul’s presentation.
Paul Short Presentation (PDF)
NMBW names 5 Nuvita Clients as NM’s Healthiest
April 25, 2011
New Mexico Business Weekly recently honored 15 companies around New Mexico with the New Mexico’s Healthiest Employers award. Nuvita, a Verge portfolio company, provides health services for five of the 15 finalists and helped guide them to this distinction. The winner of the small company category was Nuvita client, Manuel Lujan Agencies. To read the New Mexico Business Weekly article, please click here.
Tom Stephenson & Petros Varangis present at STCUNM
February 17, 2011
Verge Fund Managing General Partner Tom Stephenson and Nanocrystal, a Verge portfolio company, CEO Petros Varangis discuss their collaborative efforts in commercializing a UNM technology. To view video of the presentation please click here.
NMSBIC & Verge work together to fund local firms
February 14, 2011
The New Mexico Small Business Investment Corp. was founded in 2001. Since its formation, the NMSBIC has helped establish equity funds that focus exclusively on New Mexico businesses, including Verge. To read more, please click here.
Vertical Power and Garmin Team Up
February 9, 2011
Vertical Power and Garmin are working together to introduce a new product that combines Garmin hardware with Vertical Power software in the Garmin G3X/VP-X. This and other Vertical Power updates can be found on the newsletter. To read the Vertical Power newsletter, please click here.
Vibrant Technology to test off-shore moorings
February 9, 2011
Vibrant’s Process Compensated Resonance Testing (PCRT) is an innovative Non-Destructive Technology (NDT) that is now being used by First Subsea to test the structural integrity of their LankoFirst fiber rope connectors. Vibrant NDT technology is the only technology that can test the structural integrity of the component. To read more about First Subsea’s use of Vibrant technology, please click here.
TruTouch partners up with Takata Corp.
TruTouch recently formed a new partnership with global automotive components manufacturer Takata Corporation. The new partnership and additional venture funding will be utilized to introduce a new product that incorporates TruTouch’s blood-alcohol level detection device into an ignition interlock system. To read the article in the New Mexico BW click here or to read the ABQ Journal article click here.