TEDCO Invests $750,000 in Astek Diagnostics

TEDCO, Maryland’s economic engine for technology companies, announced a recent $750,000 dual investment in Astek Diagnostics. This investment came from both TEDCO’s Seed Funds, which back early-stage companies as they build toward becoming venture-fundable, and the Life Science Investment Fund, which supports milestone-based progress for Maryland life science companies. The funding will support continued development and validation of the company’s rapid diagnostic technology as it works toward regulatory clearance.