UP.Partners Launches UP.Abundance, a New Investment Strategy Backed by New Mexico’s $66B Sovereign Wealth Fund

The new venture fund attracts and invests in innovative energy and mobility companies committed to building from New Mexico

Albuquerque, NM, Oct. 01, 2025 (GLOBE NEWSWIRE) — UP.Partners, a global investment firm advancing the future of mobility and human progress, announced the launch of UP.Abundance, a venture fund dedicated to driving innovation at the intersection of energy and mobility in New Mexico. The announcement was made at the annual UP.Summit, a gathering of hundreds of company founders and CEOs, corporate leaders, investors, policymakers, and defense officials.

Led by Brian Adams, a multi-time startup leader who helped scale Amazon’s first corporate venture capital fund, and David Ellmann, a three-time founder…

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