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"Yesterday, the venture studio announced that it will lead a $25M initiative backed by the New Mexico Economic Development Department to build a quantum campus in downtown Albuquerque. The idea is to bring startups, researchers, and major companies working to develop quantum computing capabilities to the beautiful southwest to supercharge US quantum compute."

Soon, the six-block corridor between Lomas, Broadway, Central and Second will house one of the nation’s most important quantum hubs in the world. There, a group of quantum founders, scientists and researchers will turn quantum science into startups and set a new standard for how the United States innovates at the frontier of technology.

New Mexico has made a major bet on quantum commercialization through a new $25 million initiative to turn breakthrough science into new companies, jobs, and cutting-edge innovation. Unlike many quantum efforts that focus on research or facilities, this quantum technology hub will launch real companies, attract and deploy private venture capital, and generate jobs and other economic returns in the state.

Roadrunner Venture Studios, a leading venture studio for deep tech innovation, today announced its selection by the New Mexico Economic Development Department (EDD) to lead a $25 million initiative to accelerate quantum innovation and commercialization in the state.

"We’re really lucky to have Chase on board to drive this initiative," said Shem Hanafi, Head of Talent at Roadrunner Venture Studios. "rooted in New Mexico and backed by a track record of tackling complex challenges at the highest levels, Chase will ensure our quantum hub isn’t just built, but built to last — bringing partners together around a shared vision for the future."

The Roadrunner Venture Consortium is built around a simple but overdue idea: early stage deep tech requires a unique model for bridging the gap between founders, scientists, and investors. The Consortium will meet this need. We will curate intelligence on the best research and science in the state and around the country. In return, our members will engage directly with scientists, participate in technology reviews, and help promising founders understand the roadmap of going from concept to company.

Roadrunner Venture Studios and the New Mexico State Investment Council today announced the launch of the Roadrunner Venture Consortium (RVC), a new membership initiative giving venture capital firms direct access to early-stage deep tech companies and scientists in New Mexico and across the country. Representing more than $25 billion in assets under management, founding RVC participants include Playground Global, Lux Capital, Khosla Ventures, Crosslink Capital, At One Venture, and America’s Frontier Fund (AFF).

Roadrunner is looking for ambitious thinkers with deep technologies and a drive to build enduring companies—if that’s you, we want to hear from you.

Roadrunner Venture Studios is thrilled to announce that the next Roadrunner Technology Forum (RTF25) is set for October 15, 2025 at the National Hispanic Cultural Center in Albuquerque, New Mexico. Tickets are available now.

Upcycling carbon dioxide into products like e-fuels converts a harmful greenhouse gas into an economic asset. But this process has been challenging: carbon dioxide doesn’t like to change and requires a lot of energy to be transformed to new molecules.

With around 5.52 billion internet users and 4.88 billion smartphone users worldwide, humankind is generating and consuming more data than ever before. In 2024, users created more data in a single week—about 2.8 billion terabytes—than in the entire year of 2010.

Roadrunner Venture Studios's company creation factory is expanding. We are proud to welcome to the studio two new founders and two additional Founders-in-Residence (FIRs) who will search for and develop new deep tech ideas across their tenures. These talented leaders are building in climate tech, robotics, and advanced manufacturing.

The relationship, formalized by an MOU signed earlier this month (August 2024), encourages a vibrant, global entrepreneurial ecosystem powered by Purdue innovation.

"Purdue Research Foundation, which helps turn academic findings into startups, has inked a deal with Albuquerque-based Roadrunner Venture Studios."

"The state’s sovereign wealth fund, the New Mexico State Investment Council, two weeks ago agreed to invest $50 million as an anchor check into Roadrunner’s first venture capital fund, approximately $20 million of which will go directly into Roadrunner itself."

Roadrunner Technology Forum 2024 is a sold out deep tech conference. The New Mexico-based venture studio’s second annual event brings national audience to the Wool Warehouse Theater.

One of Roadrunner’s first studio companies, Hydrosonics, Inc., completed raising a $525K Pre-Seed led by Roadrunner Venture Studios and joined by Dangerous Ventures and a local angel fund dedicated to deep tech innovation in New Mexico.

The deep tech venture studio agrees to partnership with iconic innovation laboratory.

First-of-its-kind venture studio adds deep tech ventures in advanced manufacturing, clean technology, and biotech as its inaugural cohort.

First-of-its-kind venture studio to commercialize deep technology in New Mexico with all-star roster of technologists and entrepreneurs.

Roadrunner has assembled a world-class team of investors, advisors, and technologists to build new ventures that will transform every part of life.

Roadrunner hosted a community showcase highlighting local scientists and their research. The event at Glorieta Station in Albuquerque attracted prominent scientists, technologists, researchers, and investors to engage with cutting-edge research developed in New Mexico’s world-renowned national laboratories and universities. The showcase served as a precursor to Roadrunner's official launch, anticipated in the fall of 2023.