TEDCO Happenings

Find out about recent developments and upcoming events of interest to our portfolio companies and your business.

TEDCO Regulations

Digital Health IT Webinar with Frost and Sullivan

Join us for a Webinar with Frost & Sullivan on Digital Health IT

Frost & Sullivan defines Digital Health “to be the application of data to the delivery of healthcare, using computational and telecommunications technologies, to support business process workflow, clinical workflow, and patient data management. The goal of digital health is to achieve better patient outcomes while improving efficiency and containing costs.”

TEDCO's February Newsletter Now Available

Learn more about what's happening in the Maryland entrepreneurial ecosystem.

Maryland Military Leader and Global Management Consulting Executive Linda Singh Joins TEDCO

TEDCO, Maryland’s investment engine for start-up technology and life science companies, today announced retired Major General Linda Singh as its interim Executive Director/Chief Executive Officer (ED/CEO) effective January 2, 2020.

Linda’s appointment comes at a critical juncture as TEDCO emerges from its moratorium on investments in key programs.  

Press Release

Arti Santhanam, Ph.D. Chosen for Leadership Maryland Class of 2020

TEDCO Executive Director of the Maryland Innovation Initiative and Ellicott City resident one of 52
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Press Release

Maryland Venture Fund Authority Public Meeting Notice 3/3/2020

* * PUBLIC MEETING NOTICE * * Maryland Venture Fund Authority WHAT: The Maryland Technology
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TEDCO MII Awardee Russell Taylor one of two from The Johns Hopkins University named to National Academy of Engineering

Computer scientist Russell Taylor and chemical and biomolecular engineer Yannis Kevrekidis are among
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TEDCO Portfolio Company, Adaptive Phage Therpeutics' CEO, Greg Merrill, speaks on NPR

Enter a new treatment called 'phage therapy' and Greg Merril, CEO and co-founder of Adaptive Phage
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Sensing an opportunity to improve wind energy: TEDCO's Maryland Innovation Initiative and bwtech help UMBC faculty commercialize their research

A unique feature of the MII program is the introduction of university “site miners” to facilitate
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Fighting Acne: A New Approach Sourced From Viruses

IBBR receives TEDCO MII Funding
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Linshom Announces FDA Clearance of the Linshom Respiratory Monitoring Device (LRMD)

Linshom announced today U.S. Food and Drug Administration (FDA) 510(k) clearance of the company’s
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Theraly Fibrosis, a TEDCO portfolio company, awarded $3.9 Million SBIR Phase II grant to support the development of TLY012 for Chronic Pancreatitis

Theraly Fibrosis, a preclinical-stage biotechnology company focused on development and
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Datakwip, Frederick-based Company, Internationally Recognized as a Top 50 Startup Working in Construction Technology

Datakwip, a building analytics software company in Frederick, Maryland, was internationally
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Press Release

Appointments made for the Maryland Venture Fund Authority

TEDCO’s venture fund now open for investing COLUMBIA, Md. (January 23, 2020)—TEDCO, Maryland’s
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TEDCO's Linda Singh adds another post-retirement job as Towson U leader-in-residence

Retired Maj. Gen. Linda L. Singh, former adjutant general of the Maryland National Guard, has joined
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6 People in the BioHealth Capital Region You Should Know In 2020 (to include TEDCO's Linda Singh)

Retired Major General Linda Singh was just appointed as interim Executive Director/Chief Executive
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New Nanoparticle Therapy Appears More Effective Than Standard Therapy at Treating Aggressive Breast Cancer

Experimental Nanoformulation Outperforms FDA-Approved Treatment for Metastatic Breast Cancer
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The United States Of Venture Capital: The Most Active VC In Each State (including TEDCO's Maryland Venture Fund)

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Industry-leading companies & experts, to include TEDCO thought leaders, are presenting at the Phacilitate World Stem Cell Summit

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Press Release

Maryland Military Leader and Global Management Consulting Executive Linda Singh Joins TEDCO

As TEDCO Expands Its Executive Search COLUMBIA, Md. (January 8, 2020)—TEDCO, Maryland’s investment
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TEDCO reopens apps for Maryland startup funding

Maryland Technology Development Corporation (TEDCO) is once again accepting applications from
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Press Release

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

New technology commercialization projects and spin-outs funded COLUMBIA, Md. (January 8, 2020)—TEDCO
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Adaptive Phage gets $10M from DoD for antibacterial phage therapies

The company is developing phage-based therapies designed to target specific bacteria strains, as
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Press Release

MSCRF Public Meeting Notice 1-14-2020

* * PUBLIC MEETING NOTICE * * Maryland Stem Cell Research Commission WHAT: The Maryland Stem Cell
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Press Release

Applications Now Open for TEDCO’s Investment Funds

including the pre-seed funds, seed fund and venture fund COLUMBIA, Md. (January 3, 2020)—TEDCO
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Press Release

MII Public Meeting Notice 01/09/2020

* * PUBLIC MEETING NOTICE * * Maryland Innovation Initiative WHAT: The Maryland Technology
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TEDCO, NIST give four companies funding

The Maryland Technology Development Corp. and the National Institute of Standards and Technology
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Press Release

TEDCO and NIST Award $448,000 Through N-STEP

The NIST Science and Technology Entrepreneurship Program (N-STEP) Commercializes NIST Research
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RoosterBio, a TEDCO portfolio company, expands facility for second time in 2019

Project will support the increasing global need for “off-the-shelf” cell banks and hMSC bioprocess
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HeMemics Biotechnologies, Inc, a Rockville-based TEDCO portfolio company, received a $2.5 million investment from AMVI Partners

Hememics Biotechnologies Inc. plans to use the investment from AMVI Partners to begin clinical
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TEDCO Portfolio Company, CoapTech, in the news

'It was a life saver': New London developed device for feeding tube insertions is a world first
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Machfu, a TEDCO portfolio company, raises $3.75 million to accelerate industrial IoT

CSL Ventures, Blu Ventures, Texas Ventures and Texas Halo Fund lead investment in Machfu’s
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Press Release

TEDCO Announces New Members to Board of Directors

Governor Hogan appoints Kathie Callahan Brady and Chung Hei Sing COLUMBIA, Md. (December 11, 2019)
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CIRM (California Institute for Regenerative Medicine) features Elixirgen Scientific on their blog

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Hackensack Meridian Health Invests in Adaptive Phage Therapeutics, Aiming to Kill 'Superbugs' as Part of Bear's Den Innovation Program

Hackensack Meridian Health has invested in the clinical-stage biotechnology company Adaptive Phage
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MaxCyte and KSQ Therapeutics announce development & commercialization agreement to enable the advancement of KSQ’s Adoptive Cell Therapy Programs

MaxCyte, the global cell-based therapies and life sciences company, and KSQ Therapeutics, a
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Congratulations to Carolyn Yarina of Sisu Global for being named one of Forbes Under 30 for health care!

This year, Yarina's company, Sisu Global, launched its first product designed to tackle the problem
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Five Female Investors Who Are Making Their Mark in Life Science

Arti Santhanam, Ph.D., leads TEDCO’s $5.6M MII fund, which is a program designed to propel research
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NextStep Robotics' Brad Hennessie shares why he chose to live and grow his TEDCO portfolio company in Maryland.

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Sonavex, a TEDCO portfolio company, raises $3 million, preps for national product launch

Baltimore's Sonavex Inc. has raised $3 million in new equity funding as it gears up for a nationwide
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Attila Security, a TEDCO portfolio company, announced its advanced security solutions have achieved the National Information Assurance Partnership (NIAP) Common Criteria certification.

Attila Security, a leader in IP security, announced today that two of its advanced security
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Curbio, a TEDCO portfolio company, partners with D.C.-area luxury real estate brand

Rick Rudman, founder and CEO of Curbio, is expanding the business across the country with a new
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EliteGamingLive, a TEDCO portfolio company, in the news

EliteGamingLive, or EGL, is an esports league tailored to K-12 students that combines the burgeoning
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Success Breeds Success: How A $250M Acquisition Catalyzed Baltimore’s MedTech Ecosystem

One company gets absorbed into a larger brand and a host of companies flower as a result. The
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BioBuzz: If You Want to Raise Venture Capital These are Two Often Overlooked Factors That Investors Want to See

In it’s 9th year the Entrepreneur Expo attracted approximately 900 attendees from across the
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TEDCO mention in Baltimore Sun Op Ed

We’ll create a $10-billion federal fund, modeled on Maryland’s successful TEDCO fund, to co-invest
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Liftoff PGH 2020 efforts continue full steam ahead through the fall

Work continued briskly through October on preparation for Liftoff PGH 2020, with a second advisory
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Press Release

Maryland Stem Cell Research Commission Announces New Funding Opportunities

Maryland Stem Cell Research Commission Announces New Funding Opportunities Commission Issues Request
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10 biz-building quotes that stood out from TEDCO’s 2019 Entrepreneur Expo

Over 900 of the region’s entrepreneurs, business owners, venture capitalists and legislators
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Press Release

MII Public Meeting Notice 11/14/2019

* * PUBLIC MEETING NOTICE * * Maryland Innovation Initiative WHAT: The Maryland Technology
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News article

Sonavex Secures New Financing for Limited Release of Commercial Products

Medical device company raises $3M to support pilot rollout of blood flow monitoring products Sonavex
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Press Release

MSCRF Public Meeting Notice 11-4-2019

* * PUBLIC MEETING NOTICE * * Maryland Stem Cell Research Commission WHAT: The Maryland Stem Cell
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News article

MD startups seek to build their ecosystems at TEDCO expo

Maryland startups found a venue for networking, learning and commiserating Tuesday at the Maryland
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TEDCO sets timeline to start investing in startups again

The Maryland Technology Development Corp. is aiming to be able to once again make venture
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