Maryland-based company developing deployable health infrastructure to bring rapid blood testing closer to the point of care
COLUMBIA, Md., (June 17, 2026) — TEDCO, Maryland’s economic engine for technology companies, announced its support of Nanost through the Concept Capital program, which provides eligible entities with $25,000 to help founders advance early-stage entrepreneurial ventures.
Nanost, based in Gaithersburg, Md., is developing a portable blood testing platform designed to bring rapid biomarker measurements closer to the point of care. The company is initially focused on supporting pharmaceutical clinical research, with broader applications in emergency medicine, neurodegenerative disease, military medicine, rural healthcare and decentralized healthcare settings.
“Recognizing that current processes have room for improvement, Nanost is committed to turning an innovative idea into an actionable solution for both patients and providers,” said Justin Ferguson, innovation manager, Venture Development, TEDCO. “The impact innovations like this could have across Maryland and beyond is one reason why TEDCO takes pride in our work to empower the statewide ecosystem. We hope that this funding will help bring continued growth to the company.”
Nanost first pursued support from TEDCO in 2024 when the company received a Network Advisor; a year later, the company took advantage of the SBIR/STTR Proposal Lab, Federal Labs Leveraging Innovation to Products (FLLIP) Pilot Program, Business Resource Information, Development and Guidance Ecosystem (BRIDGE) and the Technical and Business Assistance (TABA) programs.
"Maryland is home to world-class innovators, a highly collaborative ecosystem and abundant opportunities for business growth," said Troy LeMaile-Stovall, CEO of TEDCO. "Researchers, entrepreneurs and business leaders looking to grow and scale should consider all that Maryland has to offer. Anchored by federal institutions such as the National Institutes of Health and the U.S. Food and Drug Administration, the state also benefits from leading academic institutions, organizations dedicated to supporting innovation and a top-ranked workforce. Together, these assets make Maryland a premier hub for life sciences and technology companies."
For more information, visit our page at tedcomd.com/funding.