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.
Neuros Biotechnology, located in Sunderland, Md., is a neuroregenerative biotechnology start-up working to combat Alzheimer’s disease through neurogenic therapies. Through its process, the company is using a human-derived acellular mixed biologic to rejuvenate neuroplasticity and cognition by activating the naturally occurring neurogenic niche in the temporal lobe, with the intention of halting and reversing the effects of Alzheimer's disease development.
The BII was created to support an equitable innovation and entrepreneurial ecosystem within higher education institutions in the Baltimore-Columbia-Towson Metropolitan Statistical Area (MSA). As part of Maryland’s matching contribution toward the Baltimore Tech Hub, the BII seeks to advance technology toward commercialization of a product or service and bolster support for entrepreneurs developing technology-based ventures.
Irazú Oncology, located in the University of Maryland BioPark in Baltimore, Md., is working to create faster, more cost effective and versatile cancer immunotherapies. Through the Outer Membrane Vesicle (OMV) platform technology, Irazú utilizes outer membrane vesicles – non-replicating, self-adjuvanted, clinically validated, bacteria-derived engineered nanoparticles – to display and deliver tumor antigens for antigen presentation.
Based in College Park, Md., Pathotrak has developed patented technology that aims to reduce the time required for detecting foodborne pathogens, cutting the process from a typical 22-hour enrichment to just five and a half hours. By enabling faster and more efficient testing, Pathotrak is dedicated to helping minimize food waste, reduce the cost of recalls, and improve overall food safety standards.
Sybal Corp., based in North Bethesda, Md., is a software company offering governance solutions. Its patented Proof of Governance® solution aims to reduce the cost and time it takes teams to identify, interpret and correct performance gaps governed by policy.
Based in Baltimore, MD, EBO Corp. has developed an AI-powered platform that automates operational media booking processes, ensuring efficiency and scalability.
TEDCO, Maryland’s economic engine for technology companies, announced a recent dual investment in Novel Microdevices, a company aiming to provide quality point-of-care diagnostics. This investment included $250,000 from the Venture Funds and $250,000 from the Inclusion Fund, a fund under the Social Impact Funds umbrella.
ReBokeh, based in Towson, Md., is a technology-driven company focused on creating modern, customizable assistive tools for individuals with vision impairments. Their mission is to reduce the limitations of vision impairments, empowering individuals to live more independently.
TEDCO announced a recent Builder Fund investment in Nostopharma, a musculoskeletal therapeutic platform company focused on treating complications of trauma, orthopedic surgery and rare diseases musculoskeletal sequalae.