Maryland

2 12, 2020

UMD computer scientist’s VisiSonics raises $3.5M, including $500K from Momentum Fund

By |2020-12-02T09:48:15+00:00December 2nd, 2020|Maryland, Venture Fund|0 Comments

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 [...]

20 08, 2020

TEDCO’s Maryland Innovation Initiative Accelerates Technologies from Bench to Market | TEDCO

By |2020-08-20T10:14:29+00:00August 20th, 2020|Maryland, State or Government|0 Comments

 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 [...]

23 07, 2020

This Maryland accelerator is helping to turn clean energy tech into startups 

By |2020-07-23T11:17:01+00:00July 23rd, 2020|Accelerator/incubator, Maryland, Proof of Concept (POC) Fund|0 Comments

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 [...]

7 05, 2020

TEDCO’s Seed Fund made two new investments in local startups

By |2020-05-07T09:27:02+00:00May 7th, 2020|Maryland, State or Government|0 Comments

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 [...]

9 01, 2020

TEDCO’s Maryland Innovation Initiative Infuses $2.63M in New Round of Projects

By |2020-01-09T09:36:10+00:00January 9th, 2020|Maryland, New Investments/Awards, State or Government|0 Comments

COLUMBIA, Md., Jan. 8, 2020 /PRNewswire/ -- TEDCO, Maryland's economic engine for technology companies, announced its recent round of funding for select projects through the Maryland Innovation Initiative (MII). This round of funding includes project grants for technology assessment and investments in the spin-out companies, from its five partner universities for a total of $2.63M. Established in 2012, the MII program was created [...]

21 11, 2019

Supercharging Student Startups

By |2019-11-21T08:48:25+00:00November 21st, 2019|Maryland, Student Funds|0 Comments

Student startups that aim to give fashion aficionados their own virtual runway and to improve students’ memory of what they’ve learned were selected as the inaugural winners of $20,000 in seed funding through a new program at the Dingman Center for Entrepreneurship. Terp Startup Fellows is launching this week with two student companies: Savvy Tech and [...]

7 11, 2019

Minnowtech raises $600K seed round, supported by U Maryland Momentum Fund

By |2019-11-07T06:17:17+00:00November 7th, 2019|Maryland, Venture Fund|0 Comments

Aquaculture tech company Minnowtech closed on $600,000 in seed financing with an eye on bringing its system for imaging shrimp to the Southeast Asian market. The round included a $150,000 joint investment from the Maryland Momentum Fund, which is the venture fund of the University System of Maryland, and the University of Maryland Center for Environmental Science (UMCES). The HATCH Aquaculture Accelerator participated, [...]

29 08, 2019

Healthcare startup Gemstone Biotherapeutics gets Maryland Momentum Fund $250K investment 

By |2019-08-29T09:51:26+00:00August 29th, 2019|Maryland, Startup Fund|0 Comments

Baltimore-based Gemstone Therapeutics has received $250,000 in a new investment from the Maryland Momentum Fund. The investment from the fund, which was created by the University System of Maryland to support startups created by students, faculty, alums and other affiliates, is part of a new funding round for Gemstone, according to the fund. Gemstone CEO Emily English earned a bachelor’s degree from [...]

21 08, 2019

TEDCO’s Maryland Innovation Initiative Fund Continues to Deliver Substantial Impact for Maryland Biohealth Companies

By |2019-08-21T14:21:49+00:00August 21st, 2019|Maryland, State or Government|0 Comments

The Maryland Technology Development Corporation’s (TEDCO) Maryland Innovation Initiative (MII), a program designed to propel research from partner universities towards commercialization, has had a strong, demonstrable impact on many important life science portfolio companies in the BioHealth Capital Region (BHCR). AsclepiX Therapeutics, Inc., Neuraly/Theraly, NextStep Robotics, Sonavex and Coaptechare just a handful of the latest MII program success stories having achieved [...]