BlueStone Venture Partners Announces Initial Funding Close and State of New Mexico Investment in Its Inaugural Venture Fund

Tucson, Arizona & Santa Fe, New Mexico – BlueStone Venture Partners, with offices in Tucson, Arizona and Santa Fe, New Mexico, announced its First Close for the BlueStone Life Sciences Innovation & Technology Fund, LP. BlueStone is focused on Series A and B equity investments in opportunities in the advanced materials, biopharma, healthcare information technology, medical devices, and molecular diagnostics markets. BlueStone has developed an investment thesis for the Fund based on evaluating strengths and favorable attributes including attractive valuations and low cost of market entry found in the Life Science market in the Southwest US. Based on this investment thesis, the Fund will invest primarily in companies with a geographic focus in the Southwest region of the United States but will also invest in companies that exhibit these positive “Southwest-like” attributes… READ MORE