Tem Tumurbat

Co-founder and Managing Partner

Nomadic Venture Partners

Tem is the Co-founder and Managing Partner of Nomadic Venture Partners (NVP), an early-stage VC firm that invests in founders driving the Metals Transition. NVP focuses on making mining more responsible and uses innovation to help bridge the critical minerals gap between supply and demand. He focuses on fund strategy, fundraising, and portfolio management. Prior to co-founding NVP, Tem was an investment professional at Resource Capital Funds (RCF), a private equity investment firm focused on mining. In this role, he managed investments from early to late-stage, de-risked companies, commercialized their businesses, and successfully completed M&As that delivered hundreds of millions of dollars to investors.
Before RCF, Tem worked for Newmont Mining Corporation, first as a mining engineer and later as a project engineer. He is also a co-founder of MNG Summit, a non-profit organization that supports Mongolian students and early-career professionals. He started his professional career as an entrepreneur, operating a transportation company during college to help pay for his tuition and support his extended family.
Tem served as a board member and treasurer for the Colorado Chapter of the Society for Mining, Metallurgy and Exploration (SME). He currently serves on the board of trustees for the Mongolian School of Colorado. He received his B.S. in Mining Engineering from the Colorado School of Mines. His favorite topics are minerals, mining, and geopolitics. In his free time, he enjoys golfing, hiking, and spending time with his family.