TEDCO’s Pre-Seed Builder Fund Invests in Maryland Medical Device Start-up · BioBuzz
COLUMBIA, Md. (March 18, 2022)—TEDCO, Maryland’s economic engine for technology companies, announced today its Builder Fund invested $100,000 in Astek Diagnostics, a medical device start-up based in Maryland. TEDCO’s Builder Fund invests in and provides executive support to Maryland-based technology companies run by entrepreneurs who demonstrate economic disadvantage. “We know that getting the correct anti-biotics to patients […]
TEDCO’s Maryland Innovation Initiative Advances Innovative Technologies From Lab to Market
TEDCO, Maryland’s economic engine for technology companies, announced its recent round of funding, including investments in 12 start-up companies and funding to 36 university projects through the Maryland Innovation Initiative (MII). “This past year has seen a record breaking number of applications across various industry sectors.” – Dr. Arti Santhanam Tweet this Established in 2012, the MII program was […]
New Loyola Angels Fund will support venture capital education
Loyola University Maryland has created the Loyola Angels Fund, which supports the launch of a yearlong interdisciplinary undergraduate learning opportunity that ultimately provides student innovators with angel investment experience while serving as a funding vehicle for local under-resourced entrepreneurs, especially Baltimore-based Black-, Brown-, and female-owned businesses. Loyola recently expanded its fundraising goal, from $100,000 to […]
U. Maryland commits $25 million to incubator for quantum startups
The University of Maryland will house an incubator for quantum computing startups, offering access to high-quality internet and connections with potential customers, the school announced last week. The university will spend $25 million to create the Quantum Startup Foundry, according to a press release. The $25 million comes from state investment and from the university’s Discovery Fund. […]
TEDCO’s Seed Fund +USM Momenturm Fund support $850K Investment Round
TEDCO, Maryland’s economic engine for technology companies, announced today its Seed Fund invested $200K in TargetDocs, a Maryland-based technology startup. TEDCO’s Seed investment is part of an $850K funding round, which includes University System of Maryland Momentum Fund (Momentum Fund), the Hustle Fund, New Age Capital, Debut Capital, Dingman Center Angels, and Gaingels. TargetDocs, based in Montgomery County and led […]
UMD computer scientist’s VisiSonics raises $3.5M, including $500K from Momentum Fund
For one, there’s a question of visuals. The objects have to be three-dimensional enough to look like they’re in front of a player, and a character has to be able to move around to see those objects to the right or left. It’s not just a question of look, but also feeling like you’re somewhere […]
This Maryland program will pair cyber researchers and entrepreneurial grad students to form startups – Technical.ly Baltimore
Source: This Maryland program will pair cyber researchers and entrepreneurial grad students to form startups – Technical.ly Baltimore
TEDCO’s Maryland Innovation Initiative Accelerates Technologies from Bench to Market | TEDCO
TEDCO, Maryland’s economic engine for technology companies, announced its recent round of investments in six (6) start-up companies and funding to fifteen (15) university projects through the Maryland Innovation Initiative (MII). Established in 2012, the MII program was created as a partnership between the State of Maryland and five Maryland academic research institutions: Johns Hopkins University; Morgan […]
This Maryland accelerator is helping to turn clean energy tech into startups
The immediate impact of the COVID-19 pandemic and economic shock are the focus of plenty of societal problem-solving efforts right now. In the long-term, however, climate change remains a vexing challenge that’s not going away. The environmental imperatives of reducing emissions and creating clean energy options offer an area where new technology can play a role in […]
TEDCO’s Seed Fund made two new investments in local startups
Following a few months of organizational uncertainty — and despite an ongoing global crisis — Maryland Technology Development Corporation (TEDCO)’s Seed Fund is back to making investments in local startups. Bethesda, Maryland’s NewConnect and Baltimore’s BullFrog AI each received a $200,000 investment from the Columbia, Maryland-based fund last month. Launched in 2013, NewConnect provides high-speed internet access to commercial buildings and enterprises […]