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  TEDCO, Maryland’s economic engine for tech and life science companies, announced today the selection of 15 entrepreneurs to participate in two new 10-month pilot leadership development programs. 

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Galen Robotics, which is commercializing a surgical robot developed at a Johns Hopkins research lab, has announced the first close of a Series A round, after raising $15 million from investors led by California’s Ambix Healthcare Partners.

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The Maryland Technology Development Corporation has invested an undisclosed amount in Flexnode, a Bethesda, Md., startup building micro data centers to tap emerging demand from Internet of Things devices and 5G mobile technology.

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TEDCO, Maryland’s economic engine for technology companies, announced today its Social Impact Funds invested in Tuzmo, a platform that connects tourists to authentic local artisans in destinations around the globe.

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TEDCO, Maryland’s economic engine for technology companies, announced today its Seed Funds invested $200,000 in CoolTech, LLC, a Maryland-based medical device start-up. TEDCO’s Seed Funds invest in early-stage, technology and life sciences companies and includes gap financing.

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Last updated August 27, 2026