TEDCO’s Maryland Venture Fund Invests $500K in Maryland Technology Start-up
TEDCO, Maryland’s economic engine for technology companies, announced today its Maryland Venture Fund invested $500K in REXTAR. TEDCO’s MVF is an early-stage, venture capital fund dedicated to funding and growing the next generation of outstanding technology-based businesses in the state. With the goal of making meaningful investments into venture trajectory businesses as their first institutional partners.
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