TEDCO Announces Investment into Astek Diagnostics

TEDCO, Maryland’s economic engine for technology companies, announced a Seed Funds investment of $250,000 into Astek Diagnostics, a life sciences company fighting antibiotic resistance through innovative technology. In addition to this investment through the Life Sciences Investment Fund – a funding
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Rockville's N5 Sensors raises funds to detect, and avoid, disasters like Canadian wildfires

N5 Sensors, a Rockville environmental hazard detection tech company, is using $2.5 million from a recent seed round to build more of its fire-detecting sensors and hire more boots on the ground to convince emergency services agencies, particularly in rural areas, to pilot its products.
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Elizabeth Clayborne, Founder & CEO of NasaClip

Elizabeth P. Clayborne, MD, MA Bioethics CEO/Founder, NasaClip Adjunct Assistant Professor of Emergency Medicine, University of Maryland School of Medicine Dr. Elizabeth Clayborne is a doctor, a mother, a CEO, a leader and a woman of color.
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Maryland initiative contributes to the strong innovation culture at UMBC

Maryland is home to many talented faculty members. In fact, the state has the highest concentration of Ph.D.s in the country and ranks No. 1 for its technology and science workforce. The University of Maryland Baltimore County (UMBC) houses many of these talented individuals who are regularly
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People on the Move: Theodore "Teddy" Gresser

Theodore “Teddy” Gresser is TEDCO’s new Director, Seed Funds. Teddy began with TEDCO as part of the Venture Fellows program; afterwards, he joined the TEDCO team full-time as an Investment Analyst where his diligence and experience led him to his most recent promotion. Teddy has and continues to
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TEDCO Announces Recent Investment in Aidar Health, Inc.

TEDCO, Maryland’s economic engine for technology companies, announced a recent Seed Funds investment of $250,000 into Aidar Health, Inc., a health technology and digital medicine company. TEDCO’s Seed Funds invest in early-stage, technology and life sciences companies and provide access to gap
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James Buck, CEO of MEDCURA

Jim Buck, President, CEO & Director, leveraging 30 years of experience successfully developing and commercializing innovative medical technologies. While holding a Board Director position at Medcura since 2018, Jim also served as the President and CEO of cancer imaging innovator ClearCut Medical
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Money Moves: Astek Diagnostics raised $2M for a medical device launch

Baltimore’s biotech industry is thriving, and it’s not the only one experiencing a winning streak. Plus, JHU launches its inaugural President's Venture Fellowship, Squadra Ventures invests in a Texas firmware company and Rampart Communications seeks $20 million.
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Maryland startup Keep Company raises $800K to help its clients slow parent, caregiver attrition

It costs a law firm $650,000 every time an attorney leaves due to burn out, the founders said. They've built a system to prevent that.
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Bethesda startup Keep Company raises $800K to help its clients slow parent, caregiver attrition.

Bethesda-based employee wellness and retention startup Keep Company will use $800,000 from a recently announced pre-seed round to further its product development and gain a foothold in new industries.
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TEDCO Invests in Keep Company

TEDCO, Maryland’s economic engine for technology companies, announced a recent Pre-Seed Builder Fund investment of $200,000 into Keep Company, a woman-owned small business looking to build a future of work filled with respect, individuality, and belonging for the 53 million working parents and
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New investment funds were pivotal in helping TEDCO grow tech companies

Rob Rosenbaum was an experienced investor in technology companies when he joined the Maryland Technology Development Corporation (TEDCO) in 2010 as its executive director. “I had spent most of my career in small and growing companies,” he recalled. That experience proved to be crucial in his time as
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TEDCO Announces an SSBCI Investment into Nanocrine

TEDCO, Maryland’s economic engine for technology companies, announced a recent State Small Business Credit Initiative ( SSBCI) investment of $300,000 into Nanocrine, a biotechnology company.“Without a steady and reliable foundation, research can be unreliable and unpredictable,” said Patrick Calhoun
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TEDCO Invests SSBCI Funding into Hememics Biotechnologies

Hememics Biotechnologies, Inc., is using graphene monolayer biosensors to revolutionize point-of-care testing for viruses and environmental toxins. The HemBox™, a cellphone-sized reader and chip platform, allows users to test for multiple viruses and toxins from samples as diverse as soil, water
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TEDCO Signs Partnership Intermediary Agreement with the National Cancer Institute Technology Transfer Center

New agreement will allow more collaboration to advance technology and life sciences innovations across the state
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