SANTA FE — Roadrunner Venture Studios is deploying $25 million to establish and operate a quantum venture studio.
The initiative will immediately bring three quantum companies to New Mexico, creating high-paying jobs and accelerating the growth of this rapidly expanding industry.
Roadrunner’s network of collaborators consists of nearly a dozen partners, including Elevate Quantum, Sandia and Los Alamos National Laboratories, pioneering startups (QuEra, Maybell, Qunnect, and Resonance), the University of New Mexico, and leading venture capital firms (DCVC, Playground Global, Quantonation).
The quantum venture studio campus in Downtown Albuquerque’s Innovation District will feature a multi-node quantum network, dilution refrigerators, a quantum testbed, quantum packaging and demonstration facilities, and a rapid prototyping center. The campus will co-locate the packaging facility from the Elevate Quantum Tech Hub and serve as the headquarters for the Quantum New Mexico Institute. This infrastructure will fuel the next generation of quantum companies and strengthen New Mexico’s growing innovation ecosystem.
Building on this foundation, Roadrunner will launch a dedicated quantum branch within its venture studio model to identify talent, grow scalable quantum companies, and create a new capital network for startups based in New Mexico.
Adam Hammer, Co-Founder and CEO of Roadrunner Venture Studios, said, “New Mexico has long lived in the public imagination. It’s a place that has led America in the most important times with the most critical innovations — a fulcrum for national endeavor. In this pivotal moment of technological change, we are stepping forward to help lead the coming quantum revolution. To win in something as high stakes as quantum, we need to find exceptional people, forge breakthrough companies, and fuel the second wave of great American quantum companies for global scale.”
