Arrowhead Innovation Fund
Program Overview
The Arrowhead Innovation Fund is a pre-seed and seed stage venture fund supporting New Mexico-based startups. We invest in innovative companies with strong teams, scalable technology, and high potential for commercialization and growth.
Eligibility
We fund companies headquartered in New Mexico at the pre-seed or seed stage that meet criteria such as having a lead investor, ready-to-test technology, protectable intellectual property, and a pre-money valuation of $2M or less.
Contact Information
Carlos Murguia
Program Manager
cmurguia@nmsu.edu
A SEED FUND FOCUSED ON NEW MEXICO
Arrowhead Innovation Fund
A pre-seed and seed venture fund investing in startups in New Mexico.Investment criteria include:
- The company is headquartered in New Mexico.
- Pre-seed and seed stage.
- The company has a lead investor.
- Technology is ready for testing or commercialization.
- Intellectual Property (Patents, Trademarks, etc.)
- Coachable team.
- The pre-money valuation of $2M.
AIF is no longer making new investments
Our Board

Carlos Murguia
Fund Manager and Board Observer

Elizabeth Mata
Secretary and Board Member

Lawrence Chavez
Board Member

Jeff Villalobos
President, Treasurer and Board Member

James Manatt
Board Member

Rodrigo Fuentes
Board Member

Orlando Castañeda
Board Member