4 regional orgs supporting innovation and the development of new tech

On the cutting edge of technological research, getting an idea is often the easy part. Actually turning it into a successful product or company can be a bigger challenge. That’s where external support becomes invaluable. Networking opportunities, access to funding, professional and legal guidance
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TEDCO Exits Portfolio Company Allovue

TEDCO, Maryland’s economic engine for technology companies, announced a successful exit of the portfolio company Allovue, Inc., a Baltimore, Md.-based, fintech company. Allovue, Inc. was acquired by PowerSchool.
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Baltimore Money Moves: Brown Advisory secures $14M, Latimer Ventures leads a $10M round

In Baltimore’s funding landscape, a variety of local companies garnered significant investments over the past month. Check them out below.
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People on the Move - Crystal Berger

Crystal Berger founded EBO to enhance operational efficiency and combat the lack of diverse perspectives in news. Under her leadership, EBO secured TEDCO investments and recognition as a RealLIST Startup. Berger oversaw 140,000 bookings, achieving an 85% diversity increase and tripling division
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Maryland-Based NanoBioFAB Wins Top Spot at Defense-Tech Startup Contest at AFCEA International Emerging Technology Conference

NanoBioFAB, a Frederick, Maryland-based small business providing artificial intelligence (AI)-driven smart sensors for telemedicine and personalized health care and high throughput technology, as well as services to accelerate nanomaterial research and development, was announced as the winning
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TEDCO Invests in Sonogen Medical

TEDCO, Maryland’s economic engine for technology companies, announced a recent $200,000 Seed Funds investment in Sonogen Medical, a medical device company based in Maryland.
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TEDCO Invests in Dockshare

TEDCO, Maryland’s economic engine for technology companies, announced a recent $100,000 Pre-Seed Builder Fund investment in Dockshare. TEDCO’s Builder Fund is under the umbrella of TEDCO’s Social Impact Funds which invest in and provide executive support to Maryland-based technology companies run by
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MACo Supports Equitech Growth Commission, Boosting County Economic Strategies

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Tammi Thomas Chosen for the Girl Scouts of Central Maryland’s Distinguished Women Awards

The Girl Scouts of Central Maryland selected Tammi Thomas, TEDCO’s Chief Development and Marketing Officer, as one of five women chosen for their annual Distinguished Women Awards. These awards celebrate local professional women leaders who are making an impact in the business world and their
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Wave Engine Corp. Demonstrates Complete Flight Capability on a UAV using a Jet Engine That Requires No Moving Parts

The North American Wave Engine Corporation (“Wave Engine Corp.”), a leader in affordable next-gen propulsion technology and aerial systems, has demonstrated complete flight capability on a UAV using a jet engine that requires no moving parts.
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TEDCO Talks: Troy LeMaile-Stovall Interviews Maryland Department of Commerce Secretary, Kevin Anderson

LeMaile-Stovall and Secretary Anderson discuss the Baltimore Tech Hub and Maryland’s growth TEDCO, Maryland’s economic engine for technology companies, released another episode of TEDCO Talks. Throughout this insightful series, TEDCO CEO, Troy LeMaile-Stovall, connects with thought leaders
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TEDCO Announces the Appointment of the Equitech Growth Commission

Maryland thought leaders support the diversification of Maryland’s workforce TEDCO, Maryland’s economic engine for technology companies, recently announced the newly appointed Equitech Growth Commission, that manages the Cultivate Maryland initiative.
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ABC7 Good Morning Washington: Jocelyn King, VirgilHR

VirgilHR is a powerful all-in-one solution that helps HR professionals and business decisionmakers stay up-to-date and compliant with ever changing employment and labor laws in the United States. VirgilHR helps HR professionals navigate the complexities of employment and labor law, close the
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ABC7 Good Morning Washington: Crystal l. Berger, EBO

For over a decade, EBO’s Founder Crystal I. Berger worked at FOX News as a Senior Booking Producer and National Feature Host. The DMV native recently joined Good Morning Washington to share her remarkable journey from Top Journalist to becoming the founder of EBO. EBO’s AI-powered technology finds
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STEER Tech CEO sees opportunity for innovation ahead in autonomous vehicle partnerships with smart cities

Eight years have moved by quickly for STEER Tech CEO Anuja Sonalker, not just in the growth and success of her autonomous vehicle company but in cities and states embracing the industry as a catalyst for growth in infrastructure.
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