# Nuvve New Mexico

**Source:** https://www.startuphub.ai/startups/nuvve-new-mexico
**Profile type:** Startup

> Partnering with utilities for grid modernization and energy storage solutions.

## About

Nuvve New Mexico is a company focused on advancing grid modernization initiatives. In partnership with Socorro Electric Cooperative (SEC), they are involved in the design and engineering of utility-scale battery energy storage systems (BESS) and associated grid upgrades. This collaboration aims to improve the reliability, resilience, and long-term energy infrastructure planning for the City of Socorro.

## Key facts

- **Slug:** nuvve-new-mexico
- **Website:** https://www.nuvve.com/
- **Location:** Socorro, New Mexico, USA
- **Founded:** 2025-01-01
- **Employees:** 42
- **Operating status:** Active
- **Total funding:** $50M
- **Sectors / tags:** Energy, Utilities, Cleantech, Energy Storage, Smart Grid, EV Charging, Grid Modernization, Vehicle-to-Grid (V2G), Battery Energy Storage Systems (BESS), Fleet Electrification, Renewable Energy Integration, Microgrids, Clean Energy
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/nuvve
  - Twitter: https://x.com/NuvveCorp

## Frequently asked

### What does Nuvve New Mexico do?

Nuvve New Mexico is a company focused on advancing grid modernization initiatives. In partnership with Socorro Electric Cooperative (SEC), they are involved in the design and engineering of utility-scale battery energy storage systems (BESS) and associated grid upgrades. This collaboration aims to improve the reliability, resilience, and long-term energy infrastructure planning for the City of Socorro.

### How much funding has Nuvve New Mexico raised?

Nuvve New Mexico has raised a total of $50M in funding. The most recent round on record is Private Placement / Equity Line of Credit.

### Where is Nuvve New Mexico headquartered?

Nuvve New Mexico is headquartered in Socorro, New Mexico, USA.

### When was Nuvve New Mexico founded?

Nuvve New Mexico was founded in 2025.

### What industry does Nuvve New Mexico operate in?

Nuvve New Mexico operates in Energy, Utilities, Cleantech, Energy Storage, Smart Grid, EV Charging.

### How many employees does Nuvve New Mexico have?

Nuvve New Mexico has approximately 42 people on record.

### What is Nuvve New Mexico's revenue?

StartupHub estimates Nuvve New Mexico's annual revenue at $28.3M (range $15.6M to $77.2M, 71% confidence), based on comparable companies in the sector.

### What is Nuvve New Mexico's valuation?

StartupHub estimates Nuvve New Mexico's effective valuation at $199.0M (range $125.0M to $300.0M, 23% confidence), based on comparable companies in the sector.

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