Keep up with all the latest news about how TEDCO is helping grow the Maryland entrepreneur funding sector through investments, network of industry professionals, and educational resources.
News & Events
TEDCO in the News
TEDCO 2021 Recap – Successful Initiatives and New Funding Programs
2021 was a phenomenal year for TEDCO (Maryland Technology Development Corporation)! Despite challenges and setbacks due to COVID-19, the venture and equity investment organization pushed boundaries and made phenomenal strides in growth and expansion across the state of Maryland. TEDCO also provided
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Y Combinator alum Astek wants to revolutionize antibiotics
With an $850,000 raise and a cosign from the prominent accelerator, cofounder and CEO Mustafa Al-Adhami is looking toward FDA designation to take on the diagnostics space.
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TEDCO’s Maryland Innovation Initiative launches local university entrepreneurs
Dr. Mustafa Al-Adhami knew the severity of the sepsis problem: 1.7 million Americans are evaluated for sepsis every year, and too many have died while waiting for the correct antibiotic. His solution was to develop a platform to determine antibiotic sensitivity in one hour, giving doctors and
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Truvelop raises $700K to close out seed funding round
Truvelop, a human resources technology company, has raised $700,000 to close out its seed funding round and help fuel its growth plans for 2022. The Baltimore-based startup has now raised a little more than $2 million since being founded in 2019, CEO Lisa First-Willis said. The new funding comes
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Press Releases
Maryland Venture Fund and TEDCO’s Seed Fund Hire New Business Development Associate
Organization invests in strategic initiatives COLUMBIA, Md. (September 11, 2018)— The Maryland
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TEDCO’s Rural Business Innovation Initiative Announces Pre-Seed Investments in Two Frederick Start-Ups
Program supports start-up companies founded and thriving in rural Maryland counties.
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TEDCO’s Maryland Innovation Initiative Supports Start-Ups with $5.6 million in Funding
TEDCO, Maryland’s economic engine for technology companies, announced its recent investments through
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Cykloburn Technologies Wins SBIR Phase I Grant
Cykloburn Technologies LLC, a company developing a low-emission combustion system that converts
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