TEDCO reopens apps for Maryland startup funding

Maryland Technology Development Corporation (TEDCO) is once again accepting applications from startups seeking investment from several of its funds that were put on hold in the middle of 2019.
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Adaptive Phage gets $10M from DoD for antibacterial phage therapies

The company is developing phage-based therapies designed to target specific bacteria strains, as contrasted with antibiotics, which target multiple types of bacteria.
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TEDCO, NIST give four companies funding

The Maryland Technology Development Corp. and the National Institute of Standards and Technology awarded four companies a total of $448,000 to develop NIST-licensed technologies for the market, TEDCO announced Tuesday.
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RoosterBio, a TEDCO portfolio company, expands facility for second time in 2019

Project will support the increasing global need for “off-the-shelf” cell banks and hMSC bioprocess media products as sales continue to climb.
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HeMemics Biotechnologies, Inc, a Rockville-based TEDCO portfolio company, received a $2.5 million investment from AMVI Partners

Hememics Biotechnologies Inc. plans to use the investment from AMVI Partners to begin clinical research for FDA submission for its flagship biotech product, a point-of-care panel to test for sexually transmitted diseases
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TEDCO Portfolio Company, CoapTech, in the news

'It was a life saver': New London developed device for feeding tube insertions is a world first
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Machfu, a TEDCO portfolio company, raises $3.75 million to accelerate industrial IoT

CSL Ventures, Blu Ventures, Texas Ventures and Texas Halo Fund lead investment in Machfu’s technology that securely connects critical assets and sensors to modern web services
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CIRM (California Institute for Regenerative Medicine) features Elixirgen Scientific on their blog

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Congratulations to Carolyn Yarina of Sisu Global for being named one of Forbes Under 30 for health care!

This year, Yarina's company, Sisu Global, launched its first product designed to tackle the problem of chronic blood shortages for transfusions in certain parts of Africa. This device, called Hemafuse, can replace or augment donor blood in emergency situations. The company has won multiple awards
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Hackensack Meridian Health Invests in Adaptive Phage Therapeutics, Aiming to Kill 'Superbugs' as Part of Bear's Den Innovation Program

Hackensack Meridian Health has invested in the clinical-stage biotechnology company Adaptive Phage Therapeutics (APT), as part of the health network's successful innovation program, the Bear's Den.
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MaxCyte and KSQ Therapeutics announce development & commercialization agreement to enable the advancement of KSQ’s Adoptive Cell Therapy Programs

MaxCyte, the global cell-based therapies and life sciences company, and KSQ Therapeutics, a biotechnology company using its proprietary CRISPRomics® discovery platform to achieve higher probabilities of success in drug development, announced today that the companies have entered into a new
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Five Female Investors Who Are Making Their Mark in Life Science

Arti Santhanam, Ph.D., leads TEDCO’s $5.6M MII fund, which is a program designed to propel research from partner universities towards commercialization MII has had a strong, demonstrable impact on many important life science portfolio companies in the BHCR to date.
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NextStep Robotics' Brad Hennessie shares why he chose to live and grow his TEDCO portfolio company in Maryland.

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Sonavex, a TEDCO portfolio company, raises $3 million, preps for national product launch

Baltimore's Sonavex Inc. has raised $3 million in new equity funding as it gears up for a nationwide launch of its medical devices.
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Attila Security, a TEDCO portfolio company, announced its advanced security solutions have achieved the National Information Assurance Partnership (NIAP) Common Criteria certification.

Attila Security, a leader in IP security, announced today that two of its advanced security solutions have achieved the National Information Assurance Partnership (NIAP) Common Criteria certification.
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