Justus Parmar is founder and CEO of Fortuna Investments.
Fortuna Investments, a leading America-first venture capital firm, announced on July 15 the expansion of its operations into Midland, Texas, where it will build upon its focus on rare earth elements, space infrastructure, and uranium and nuclear energy. Known for its investments in critical, high-growth sectors, Fortuna continues to deepen its national presence—now with a strategic location in Texas to complement its existing offices in Los Angeles and Miami.
Justus Parmar, Founder and CEO of Fortuna Investments, said that Midland has long been recognized as a hub of American energy production and resilience, and it is a city that reflects the grit, tenacity, and values that define Fortuna’s mission. “The people of Midland embody the same strength and entrepreneurial spirit that drive our firm, so this is a natural next step for us,” Parmar said.
As the Permian Basin’s energy epicenter, Midland hosts a deep concentration of independent energy wealth, legacy capital, and long-term investors. These characteristics align with Fortuna’s model of disciplined, asset-backed growth investing, Parmar indicated.
Fortuna already holds key strategic assets across Texas, including:
- The PEAK Project — A developing rare earth elements mine vital to securing domestic supply chains.
- Space Infrastructure — With emerging assets based in Midland’s aerospace corridor.
- Uranium and Nuclear Holdings — Supporting U.S. energy security and the growing nuclear renaissance.
“As global markets shift, and the demand for critical materials and energy grows, our presence in Midland positions us to lead from the front,” said Parmar. “We believe this expansion strengthens our ability to drive value and national significance across the sectors we champion.”
Fortuna’s Midland office will be located at 223 W. Wall Street, STE 200 in Midland. Oscar Garcia has been brought on in the role of Business Development and Corporate Strategy Lead to head the local team.
For more information, visit https://investfortuna.com.
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