Money Moves: TEDCO invested $100K in biomedical company SeeTrue
Maryland state-connected funding agency TEDCO just invested $100,000 in biomedical company SeeTrue Technology through its Builder Fund, the entity reported.
The startup designed a microneedle that can reduce needle clogging, with the hope of increasing efficiency and productivity. According to SeeTrue, its technology helps researchers work more seamlessly in areas like stem-cell gene manipulation and in vitro fertilization cycle therapy.
About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.
Tammi Thomas, President, TEDCO, tthomas@tedcomd.com
Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com