News Archive

New Funding, Anticipated to Close at $22 Million, to Fuel Growth of its Regenerative Medicine MSC Manufacturing Platform Worldwide, Scale the Organization, and Accelerate R&D Innovation

In April a drone carried a kidney across Baltimore to the University of Maryland Medical Center, where a patient who had waited eight years on dialysis received the organ.

The Maryland Technology Development Corporation (TEDCO), Maryland’s economic engine for technology companies, announced the lineup of thought leaders participating in its new Task Force for Women Entrepreneurs. The task force is dedicated to the recruitment, funding, and operational support of women

TEDCO, the Maryland Technology Development Corporation, announced Wednesday the membership of a task force it hopes will spur more economic development by women entrepreneurs.

“According to Arti Santhanam, Executive Director at TEDCO’s Maryland Innovation Initiative, VCs want to know you have executive leadership hires lined up before they agree to fund a seed round or Series A. Often times biotech companies focus only on product development and not on business

A local company developing medical devices for use in neurosurgeries has raised $9.6 million in a new round of funding, according to documents filed with the U.S. Securities and Exchange Commission.

A TEDCO program designed to help universities turn research into commercial activity funded seven startups and 26 technology assessments during the last fiscal year, the Maryland Technology Development Corporation announced.

Whitebox, a startup that CEO Marcus Startzel said is working to “power the direct-to-consumer economy,” has raised $5 million in Series A funding.

University of Maryland, College Park will work to create a universal flu vaccine, fueled by a new $3.1 million grant from the National Institutes of Health.

Cross Culture Scholarship: McKeever Conwell

Accelerated regulatory pathway for first internal use product