TEDCO Invests in Natáur
TEDCO, Maryland’s economic engine for technology companies, announced a recent $200,000 investment into Natáur. This recent investment came from TEDCO’s Social Impact Funds.
TEDCO Investment Spotlight
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TEDCO Invests in ARMR Systems, Inc.
Baltimore-based ARMR Systems’ novel wearable platform stops severe arterial bleeds and can respond to trauma in any theater. While the focus of ARMR’s development initiatives is initially on addressing hemorrhage control needs within the military context, the solution will expand and extend to domestic first-response, law enforcement, common clinical applications, and humanitarian aid in high-risk environments. The company previously received investment from TEDCO’s Seed Fund and the Rural and Underserved Business Recovery from Impact of COVID-19 (RUBRIC) program.
TEDCO announces recent investment in Femly Corporation
TEDCO, Maryland’s economic engine for technology companies, announced a recent investment $250,000 in Femly Corporation, a minority woman-owned Maryland-based technology company working to increase access to natural and organic hygiene products.
TEDCO Invests SSBCI Funding into Kalocyte, Inc.
Kalocyte, Inc. is a biotechnology company developing an innovative artificial red blood cell (RBC). Through this innovation, KaloCyte hopes to reduce the leading cause of preventable death after trauma—blood loss.
TEDCO Seed Funds Invest in Galen Robotics, Inc.
Maryland-based company working to make surgeon’s lives easier with innovative assistive technology
TEDCO Invests SSBCI Funds in Longeviti Neuro Solutions, LLC
Longeviti is focused on providing innovative solutions for complex brain surgeries, with the intention of allowing patients to return to anatomical normalcy while providing innovative functional neurotechnology. The customizable platform helps to enable both the functional requirements of the implant and the reconstructive requirements to be met.
TEDCO Successfully Exits Portfolio Company, Blackpoint Cyber
TEDCO announced the successful exit of its portfolio company, Blackpoint Cyber an technology-focused cybersecurity company providing its security ecosystem via managed service providers. Blackpoint received a $190 million growth investment led by Bain Capital Tech Opportunities, with participation from Accel and others.
TEDCO announces recent investment in Hopr Corporation
Hopr, based in Columbia, Md., is a cybersecurity company looking to support businesses by protecting digital operations and data through the use of two software as a service (SaaS) products, the eXtremely Tamper Resistant APIs (XTRA) and the Kerberos for the Cloud (K4C). Designed with the future in mind, these products can offer lower adoption and total ownership costs, faster time-to-value, and more.
TEDCO Announces Investment into Pathotrak
Pathotrak, based in College Park, Md., is a business with the mission to create a world with fresher and safer food using cost-efficient innovative technology. This technology will allow the expedition of foodborne pathogen detection, providing companies and producers with faster results, and ultimately shortening what is typically a 22-hour process down to under six hours. This rapid detection process has the potential to decrease food waste, allowing products to be placed on shelves up to an entire day earlier while also reducing the costs of food production—from the costly warehousing and refrigeration processes to the expensive recalls.
TEDCO Announces Investment into CarrTech Corp.
CarrTech Corp., based in Frederick, Md., is a business that has created a safer, cost-effective, and more efficient way of administering medication. This device FROG®, allows healthcare workers to take a seven-step process down to a single step. Additionally, the all-in-one packaging allows for a reduction of environmental waste and lowers healthcare costs.