The Beltsville, Md., startup developing solid-state batteries earlier this year received a $1.5 million grant from the Maryland Technology Development Corp. (TEDCO), through the Maryland Venture Fund, and a $20 million award from the U.S.
TEDCO, Maryland’s economic engine for technology companies, announced a recent $100,000 Pre-Seed Builder Fund investment in PerSoN, a company creating digital health solutions to support complex mental health conditions.
Sonavex co-founder and CEO David Narrow studied biomedical engineering at University of Rochester, and Bioengineering Innovation & Design at Johns Hopkins, before he and a bunch of engineers huddled into operating rooms at Johns Hopkins to think up new ideas.
The United States government is the nation’s largest funder of research and development, but commercializing these advancements relies on the private sector.
“Entrepreneurs are the heartbeat of innovation, driving our communities and our economy forward. I’m thrilled to join this event celebrating the bold ideas, hard work, and resilience of our innovators,” said Moore.
“The COVID-19 pandemic changed the way companies do business, particularly those in the life sciences,” said Santhanam. “However, through the responsive community, this change has led to diverse opportunities, new capital landscape and differences in lab to market approach.
In an era where venture investment is making a comeback, “deep tech” innovators still face significant hurdles in raising capital for research and development with extended commercialization timelines.
“Regenerative medicine holds immense potential to deliver life-saving treatments and cures for patients with various medical conditions,” said Ruchika Nijhara, executive director of TEDCO’s Maryland Stem Cell Research Fund (MSCRF).
“Regenerative medicine holds immense potential to deliver life-saving treatments and cures for patients with various medical conditions,” said Ruchika Nijhara, executive director of TEDCO’s Maryland Stem Cell Research Fund (MSCRF).
MSCRF grants support both young and established scientists, companies and research organizations to accelerate and advance the commercialization of innovative stem cell technologies for positive impact on human lives.
The day of celebrating Maryland’s innovation ecosystem features dozens of speakers, networking opportunities, workshops and roundtable discussions.
The Maryland Marketing Partnership, which helps drive Maryland's branding and marketing efforts to attract businesses, create jobs, and grow the state's economy, today shared a summary of the latest news from companies and organizations that invest in the partnership.
“Foot drop is a disability that results from underlying neurological or muscular injuries and affects millions of Americans each year,” said Bradley Hennessie, CEO of NextStep Robotics. “With traditional treatments, patients were left with uncomfortable orthotics or assistive devices.
TEDCO, Maryland’s economic engine for technology companies, has announced a recent $25,000 in Smeeple, a company connecting users with subject matter experts.
TEDCO, Maryland’s economic engine for technology companies, announced a recent Seed Funds investment in NeuroIntact. TEDCO’s Seed Funds aim to reach prospective businesses showing potential of being venture fundable or other forms of corporate venture, such as follow-on funding.
TEDCO, Maryland’s economic engine for technology companies, announced a recent $250,000 Seed Funds investment in NeuroIntact. TEDCO’s Seed Funds aim to reach prospective businesses showing potential of being venture fundable or other forms of corporate venture, such as follow-on funding.
Maryland is home to one of the first concentrated autologous mesenchymal stem cell (MSC) products for regenerative bone growth named Osteocel, developed by Osiris Technologies.
