Part of mobility investment firm UP.Partners, UP.Abundance empowers climate tech startups at the forefront of climate tech. Anchored in New Mexico, this initiative focuses on the broader spectrum of climate technology while highlighting its profound impact on mobility.
By supporting innovations that help to decarbonize transportation and optimize energy systems crucial for moving people and goods, UP.Abundance drives change in alignment with our mission to create a cleaner, faster, safer, and more accessible future.
We provide up to $1 million in funding to each selected startup, paired with access to a network of leading investors eager to support climate-focused innovations. Our relationships with other venture capital firms supported by the New Mexico State Investment Council—which continues to deploy significant capital into some of the world’s top VC firms—further enhance your opportunities. This influx of capital is actively seeking New Mexico-based startups, creating an unparalleled opportunity for funding and growth. With this integrated approach, we facilitate connections that can help secure your next round of funding, positioning your startup for long-term success.
Our extensive connections span from Fortune 500 companies to renewable energy developers and utilities, giving your startup the opportunity to collaborate with high-impact partners and drive real-world adoption of your technology.
Build alongside other like-minded entrepreneurs in a private coworking space in Albuquerque, New Mexico. Together, we aim to foster collaboration and innovation in a supportive ecosystem.
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Ranked among the top states for solar, wind, and geothermal potential.
Home to a supportive policy environment fostering sustainable innovation.
Boasts unparalleled access to resources and incentives for climate-focused startups.
This unique environment provides an unmatched opportunity for founders ready to scale impactful technologies.
We’re seeking climate tech companies addressing challenges across energy, transportation, land use, water, and the built environment. Our focus areas include power generation (solar, wind, and geothermal), electricity transmission, energy storage, long-distance trucking, advanced manufacturing (particularly solar), water management, and decarbonizing oil and gas production. Startups should demonstrate scalable potential, innovative solutions, and alignment with UP.Abundance’s mission to drive impactful climate innovation.
We focus on early pre-seed and seed-stage companies ready to accelerate their growth trajectory.
The companies we invest in must have (or plan to have) a principal place of business in New Mexico. We have a great co-working space that is near other startup programs and investors that you can use at no cost. Having a principal place of business in New Mexico also qualifies you for the capital that the New Mexico State Investment Council has deployed in dozens of top-tier VCs. Since each company may have different approaches to creating “a principal place of business” UP.Abundance will work with you to find a way to meet the requirements.
If your company is working on climate tech solutions with transformative potential and could benefit from New Mexico’s unique advantages, we want to hear from you.
If your climate tech startup is tackling the world’s most pressing challenges and you’re ready to scale in a region with unmatched potential for clean energy innovation, we want to hear from you. Apply today to join the UP.Abundance portfolio and accelerate your journey toward meaningful impact.
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