xMD Diagnostics, Inc. Awarded Competitive Innovation Grant from the National Science Foundation to Fund Coronavirus Precision Medicine Project

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First African American Elected Chair of TEDCO’s Board of Directors

TEDCO, Maryland’s economic engine for technology companies, announced today that its board of directors elected four new Executive Officers at its annual election and welcomed a number of new members. The newly appointed chair of the board is Morgan State University’s (MSU) Omar Muhammad, replacing
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GOV. HOGAN APPOINTS CSM ASSOCIATE VICE PRESIDENT ELLEN FLOWERS-FIELDS TO TEDCO

The Maryland Technology Development Corporation (TEDCO), Maryland’s economic engine for technology companies, today announced its new executive officers and welcomed several new board of directors, including College of Southern Maryland (CSM) Associate Vice President of Continuing Education and
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Gov. Hogan Appoints CSM Associate Vice President Ellen Flowers-Fields To TEDCO

ANNAPOLIS, Md. - The Maryland Technology Development Corporation (TEDCO), Maryland’s economic engine for technology companies, today announced its new executive officers and welcomed several new board of directors, including College of Southern Maryland (CSM) Associate Vice President of Continuing
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VITA THERAPEUTICS RAISES $32 MILLION

Vita Therapeutics Raises $32 Million in Oversubscribed Series A Financing Led by Cambrian Biopharma to Advance the Development of Therapies to Treat Muscular Dystrophies BALTIMORE, Md. – Jun. 23, 2021 –Vita Therapeutics, a cell engineering company harnessing the power of genetics to develop cellular
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A Silicon Valley sequencing leader acquired Baltimore biotech company Circulomics

Pacific Biosciences is acquiring the Johns Hopkins spinout, which focuses in the area of sample prep. Local acclerator programs helped it grow.
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TEDCO and several portfolio companies mentioned in the Journal of Technology and Innovation

The new technologies born from academic research can be very promising, yet they are often very early stage. University spin-off companies are uniquely positioned to tackle the risks associated with new technologies emerging from academia by developing proofs of concept, functioning prototypes, and
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TEDCO’s Vision for Fueling Economic Growth: Delivering Time, Talent and Treasure to Entrepreneurs

There is a first time for everything, and entrepreneurs are the ones willing to make that first time happen. But making that first time happen isn’t easy, and that is surely an understatement. Being an entrepreneur means shouting out to anyone who will listen that their vision addresses a pressing
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University of Maryland Associate Professor receives new funding to expand CRISPR-Cas12a genome editing technologies and continue the search for novel variants - Research aims to develop a genome editing pipeline in carrots and screen for new CRISPR system

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Multiple D.C.-area companies closed $100M rounds in July. Here are more local ventures that secured investments.

The third quarter continues the trend after two record-setting quarters for venture capital in Greater Washington, with steady money movement throughout the ecosystem, including $25 million to Bethesda software startup Mytonomy Inc. And more local VC firms are also raising funds, most recently with
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Deal roundup: Medical device firm readies for European sales, local events firm acquires another

TEDCO Portfolio Companies Spotlighted on Baltimore Business Journal
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Pacific Biosciences Acquires Circulomics – A Leading High Molecular Weight DNA Extraction Company

MENLO PARK, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) — Pacific Biosciences of California, Inc. (Nasdaq: PACB) (“Pacific Biosciences” or “PacBio”), a leading provider of high-quality, long-read sequencing platforms, announced today that it acquired Circulomics Inc. (“Circulomics”), a Maryland-based
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UMD Research Aims To Develop A Genome Editing Pipeline In Carrots, Optimize Crop Production

COLLEGE PARK, Md. -- With two new funding sources, Yiping Qi, associate professor in the Department of Plant Science & Landscape Architecture (PSLA) at the University of Maryland (UMD), continues his work to expand the reach and utility of CRISPR gene editing technologies. Funded by the United
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University Of Maryland Professor Gets New Funds To Continue Research To Enhance Crop Production

COLLEGE PARK, Md. (WJZ) — A professor at the University of Maryland in College Park has received new funding from two sources to continue research into CRISPR genome editing technologies, with the goal of enhancing crop production and feeding a growing global population, according to a university
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Money Moves: Arlington-based Interos is now a unicorn Plus, TEDCO announced grants for 45 Maryland businesses, and a SPAC from Revolution's Steve Case completed its first merger.

TEDCO, the Maryland Technology Development Corporation, awarded 45 grants to early-stage technology companies in the state that were hardest hit by the pandemic.
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