Stout Street is announcing the launch of the Unmet Frontier Fund, its Deeptech fund strategy that will initially focus on the Rocky Mountain region,specifically in Colorado and New Mexico. It is targeting a $100M fund that willdeploy throughout the lifecycle of Deep tech companies in the region. The fundhas already secured commitments from the Colorado Venture Capital Authority.
UNMET Frontier Fund I has stated that it will focus on the applications of key enabling technologies in Colorado & New Mexico, specifically Quantum, Artificial Intelligence, and Robotics, with near-term applications across Energy, Biotech, and Aerospace. By emphasizing commercialization and scale-up within the region, the fund aims to catalyze cross-sector collaboration between research institutions, industry leaders, and emerging founders.
To broaden access for entrepreneurs across the Front Range and beyond, the fund has announced it will establish satellite offices at the Fitzsimons campus, Flatiron Park (Boulder), Colorado State University's Fort Collins campus, Beck Venture Center at the Colorado School of Mines in Golden, and New Mexico Innovation Hub in Santa Fe, in addition to its Cherry Creek Office in Denver. The fund has further announced monthly open office hours at each of these locations to meet founderswhere they are, share feedback, and connect teams with resources.
Why it matters for Colorado and New Mexico
About Unmet Frontier Fund I
Unmet Frontier Fund I is managed by Denver-based investment firm Stout Street Capital, which also manages a Generalist early-stage VC strategy with over 90 companies in its portfolio. Unmet Frontier is expected to be formed in late 2025, with an investment focus on the applications of Quantum, AI, and Robotics across Energy, Biotech, and Aerospace in Colorado.
About the Colorado Venture CapitalAuthority (VCA)
The Colorado Venture Capital Authority is a state entity responsible forexpanding access to venture capital for businesses in Colorado, promotinginnovation, job creation, and long-term economic growth.
Required statutory disclosure
When the fund references VCA participation to potential investors,Colorado law requires the following notice:
"The State of Colorado does not endorse the quality of management or the potential for earnings of such fund and is not liable for damages or losses to any investor in the fund or any other entity. Selection by the Colorado Venture Capital Authority to participate in this program does not constitute a recommendation or endorsement of the venture capital fund or its investments by the Colorado Venture Capital Authority."
