TEDCO, Maryland’s economic engine for technology companies, announced a recent Pre-Seed Builder Fund investment in Kubanda Cryotherapy. Under the umbrella of TEDCO’s Social Impact Funds, the Pre-Seed Builder Fund invests in and provides support to Maryland-based technology companies led by founders from economically underserved backgrounds.
TEDCO, Maryland’s economic engine for technology companies, announced Oaks Hospitality Group as a Concept Capital recipient. The Concept Capital program is part of the Venture Development department at TEDCO and is focused on bridging the early-stage funding gap for underrepresented founders across Maryland.
TEDCO, Maryland’s economic engine for technology companies, announced a recent Venture Funds investment for nearly $350,000 in Zero Point Five Therapeutics. TEDCO’s evergreen Venture Funds are committed to investing in and advancing early-stage technology and life sciences companies across Maryland. These funds provide startups with access to a seasoned team dedicated to supporting their entrepreneurial growth and success.
“TEDCO’s commitment to creating opportunities aligns with our goals of ensuring capital goes to the most deserving applicants rather than the most privileged,” said Brian Hollins, co-founder and managing partner of Collide Capital. “With this funding, we are excited to better support the Maryland entrepreneurial ecosystem and look forward to working with TEDCO to help the ecosystem flourish.”
TEDCO, Maryland’s economic engine for technology companies, announced a recent investment in Keep Company, a startup innovating how employers connect and retain employees, particularly segments prone to burnout, such as caregivers, early-career professionals, and other groups across the employee lifecycle. This investment comes from the Pre-Seed Builder Fund, which is a part of TEDCO’s Social Impact Funds, aimed at supporting underrepresented startup founders across Maryland.
TEDCO, Maryland’s economic engine for technology companies, announced a recent $25,000 Pre-Seed Rural Business Innovation Initiative (RBII) Fund investment in Atme. TEDCO’s RBII was designed to enhance technology commercialization and provide technical and business assistance to small and early-stage companies based in rural Maryland.
Higher Medicine is a company working to develop functional cures for Kabuki syndrome (KS) using epigenetic modifying molecules. The business aims to restore the open versus closed chromatin balance, the primary cause of KS, by using an LSD-1 inhibitor and accelerating into a patient clinical study.
TEDCO invests $500,000 from Venture Funds into the TeamWorx Security, an innovative company working to defend some of the most critical industries and enterprises.
Pixee was started to empower enterprise security teams with the platform necessary to match the velocity of software development in today’s generative artificial intelligence (AI) coding era. To do this, the company designed a platform that should integrate directly into developer workflows to create ready-to-merge code improvements that remediate vulnerabilities. The platform seeks to automate expert review of all code scanner findings and provide personalized recommendations on the validity of findings, thus eliminating noise in the code scanner results. Designed with security-conscious enterprises in mind, the platform is offered with an on-premises deployment option in an effort to help keep customers’ sensitive data, intellectual property and source code under the customer's control.
TEDCO’s Concept Capital program was created to provide critical early-stage funding for tech companies in need of assistance to further launch and grow their business, allowing Maryland to become a hub for entrepreneurial success.