Maryland company focused on innovating solutions for complex brain surgeries
COLUMBIA, Md., (May 5, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $500,000 Maryland Equity Investment Fund (MEIF) investment in Longeviti Neuro Solutions, LLC (Longeviti). The MEIF – which is housed under TEDCO’s Venture Funds – was created to increase private equity and venture capital in Maryland, generate financial returns and foster economic growth.
Longeviti, located in Baltimore, Md., is focused on providing innovative solutions for complex brain surgeries, with the intention of allowing patients to return to anatomical normalcy while providing innovative functional neurotechnology. The customizable platform helps to enable both the functional requirements of the implant and the reconstructive requirements to be met.
“TEDCO is committed to supporting innovative entrepreneurial ventures, like what Longeviti is undertaking,” said Katherine Hill Ritchie, senior director, Venture Funds, TEDCO. “We hope that, with this investment, we will continue to see the company’s growth for many years to come.”
Longeviti Neuro Solutions received a $100,000 grant from the Maryland Innovation Initiative’s (MII) Technology Assessment Phase in 2015 and was a spinout of Johns Hopkins University. In 2023 the company then received a Small State Business Credit Initiative (SSBCI) investment through the Venture Funds.
“As the third-ranked biopharma cluster in the nation, innovators in the life sciences will find a collaborative, robust scientific and technical community across the state of Maryland,” said TEDCO CEO Troy LeMaile-Stovall. “Entrepreneurs and researchers will find plenty of resources, events and opportunities that will support continued company growth.”
TEDCO’s evergreen Venture Funds are dedicated to supporting and growing the next generation of early-stage businesses in Maryland and provide investments of anywhere from $500,000 to $1.5 million. For more information on the application process, visit our page here tedcomd.com/funding/venture-funds.