News Archive

The Gaithersburg-based company developed an Android- and iOS-compatible app that acts as what founder Rana Saad calls a "two-sided marketplace" for locally made goods and souveniers across the world.

Galen Robotics, which is commercializing a surgical robot developed at a Johns Hopkins research lab, has announced the first close of a Series A round, after raising $15 million from investors led by California’s Ambix Healthcare Partners. It simultaneously announced a second close for its Series A

TEDCO, Maryland’s economic engine for technology companies, announced today its Venture Funds invested $750,000 in Datakwip, an advanced analytics technology company based in Maryland. TEDCO’s evergreen Venture Funds are dedicated to funding and growing the next generation of outstanding early-stage

TEDCO's Troy LeMaile-Stovall spoke with Ronald Mason, president of the University of the District of Columbia, on how the college is building local innovation pathways.

TEDCO, Maryland’s economic engine for technology companies, announced today its Builder Fund invested in NanoBioFAB, a Frederick, Md. technology start-up. TEDCO’s Builder Fund invests in and provides executive support to Maryland-based technology companies run by entrepreneurs who demonstrate

For Tech + Government Month, we asked our Technical.ly Ecosystem Builders what programs and services they have to advocate for the technology community.

The Maryland Technology Development Corporation has invested an undisclosed amount in Flexnode, a Bethesda, Md., startup building micro data centers to tap emerging demand from Internet of Things devices and 5G mobile technology.

TEDCO, Maryland’s economic engine for technology companies, announced today its Social Impact Funds invested in Tuzmo, a platform that connects tourists to authentic local artisans in destinations around the globe. TEDCO is committed to fostering an inclusive entrepreneurial innovation ecosystem

An Annapolis company that hopes to create a non-drug treatment for migraine and mood disorders has raised $4 million of a $7 million series A round. The funding round will help Mi-Helper conduct clinical studies to get U.S. Food and Drug Administration clearance for its eponymous device. Mi-Helper

TEDCO, Maryland’s economic engine for technology companies, announced today its Seed Funds invested $200,000 in CoolTech, LLC, a Maryland-based medical device start-up. TEDCO’s Seed Funds invest in early-stage, technology and life sciences companies and includes gap financing.

VENTEUR spoke with Dr. Elizabeth Clayborne, a physician, mother, CEO, and leader about her entrepreneurial journey.

What does the Zulu word “ubuntu” have to do with a successful science and tech fund at Maryland’s TEDCO? To start, it’s been a guiding force for that fund’s leader. The Maryland Technology Development Corporation (TEDCO) has an important mission in Maryland: “enhance economic empowerment by

Baltimore's Vita Therapeutics announced the completion of a $31 million series B funding round on Wednesday, propelling the cell therapy company toward a clinical trial and the development of new treatments for rare diseases.

TEDCO, Maryland’s economic engine for technology companies, has been awarded $125,000 by the U.S. Small Business Administration (SBA) through its Federal and State Technology (FAST) Partnership Program. TEDCO is one of 44 recipients to receive the award, which will support TEDCO’s SBIR/STTR Proposal

In the two years Troy LeMaile-Stovall has been leading TEDCO, Maryland’s leading source of funding and support for early-stage, technology-based businesses, his focus has been investing in his team and ensuring that the organization is engaging with the broader innovation ecosystem across the state.