News Archive

TEDCO, Maryland’s economic engine for technology companies, announced the successful exit of its portfolio company, Blackpoint Cyber, an Ellicott City, Md.-based, technology-focused cybersecurity company providing its security ecosystem via managed service providers (MSPs). Blackpoint received a

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

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.

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.

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

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

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

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

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.

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.

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.

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

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

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

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