TEDCO Investment Spotlight

TEDCO, Maryland’s economic engine for technology companies, announced a recent $200,000 Seed Funds investment in Sonogen Medical, a medical device company based in Maryland. 

TEDCO, Maryland’s economic engine for technology companies, announced a recent $100,000 Pre-Seed Builder Fund investment in Dockshare. TEDCO’s Builder Fund is under the umbrella of TEDCO’s Social Impact Funds which invest in and provide executive support to Maryland-based technology companies run by entrepreneurs who are economically underserved.

Minnowtech, based in Baltimore, Md., is an agtech company working to help aid shrimp farmers through their BRS-1 device. This device sits under the surface of a pond and utilizes sonar technology to collect important information about their shrimp population. The information collected is then transferred to an online portal that allows for real time data access. 

Linshom Medical is a medical device company committed to eliminating the mortality, morbidity and expense due to unrecognized respiratory decline in healthcare. 

Pathotrak, based in College Park, Md., is a biotechnology company working to offer a cost-efficient solution to help reduce the detection time of food safety tests. Pathotrak’s patented technology expedites foodborne pathogen detection to eliminate food safety risks, lower costs for producers and avoid food outbreaks. 

TEDCO, Maryland’s economic engine for technology companies, recently announced the newly appointed Board of Directors for the Cyber Maryland Program (“Program”). The Program was established by the Maryland General Assembly during the 2023 legislative session to develop and implement a strategy to address Cybersecurity related workforce vacancies in the state. The Program is managed by an 18-member Board of Directors, each with backgrounds in information technology and cybersecurity. 

TEDCO, Maryland’s economic engine for technology companies, announced a recent $300,000 Seed Funds investment into Impruvon Health, a startup company focused on improving medication management by simplifying the complicated manual workflows through their connected and automated medication platform. 

TEDCO, Maryland’s economic engine for technology companies, announced a recent $500,000 Venture Funds investment in University Startups, an edtech software as a service (SaaS) platform. TEDCO’s evergreen Venture Funds are dedicated to funding and growing the next generation of early-stage businesses in Maryland.

TEDCO, Maryland’s economic engine for technology companies, announces the selection of 100KM Ventures as one of the early-stage venture capital fund managers supporting the management and investment of up to $10 million U.S. Department of Treasury State Small Business Credit Initiative (SSBCI) funding.

TEDCO, Maryland’s economic engine for technology companies, announced a recent $25,000 Rural Business Innovation Initiative (RBII) Rural Pre-Seed Fund investment in Tomorrow’s Bio Today, a biotechnology company. 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.