TEDCO Invests in Aloe Therapeutics

TEDCO, Maryland’s economic engine for technology companies, announced a recent $100,000 Pre-Seed Builder Fund investment in Aloe Therapeutics, a company working to deliver cancer cures. TEDCO’s Pre-Seed Builder Fund is housed under TEDCO’s Social Impact Funds which were created to engage and invest
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People on the Move: Xiaonao Liu, NanoBio

Xiaonao Liu recognized the potential of AI-driven smart sensors and started a company, NanoBioFAB, to create disruptive nano-sensor products, including a pathogen detection line. Under her leadership, the company continues to see growth and success including being named a finalist for the MTC’s 2024
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Md. medical device company nabs $22.4M in fresh funding, eyes more

The University of Maryland spinout develops treatments for controlling bleeding during surgery.
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TEDCO creates Bobcat Innovation Launch Pad event

TEDCO’s Maryland Innovation Initiative (MII) program collaborated with Frostburg State University and Deloitte to create the inaugural Bobcat Innovation Launch Pad.
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People On the Move - Linda Singh

Dr. Linda Singh has over 39 years of experience in both public and private sectors spanning across health, defense, state, and local government. Currently, she serves as CEO for her company, Kaleidoscope Affect and Executive Director for TEDCO’s Institute for Women Entrepreneur Excellence (IWEE), a
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TEDCO Invests in IPGen

TEDCO, Maryland’s economic engine for technology companies, announced a recent $150,000 Pre-Seed Builder Fund investment in IPGen, a legal software company utilizing artificial intelligence (AI) for their platform. TEDCO’s Pre-Seed Builder Fund is housed under TEDCO’s Social Impact Funds which were
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TEDCO Invests in LASARRUS

TEDCO, Maryland’s economic engine for technology companies, announced a recent $50,000 Pre-Seed Builder Fund investment in LASARRUS, a medical device company dedicating to supporting Chronic Obstructive Pulmonary Disease (COPD) patients. TEDCO’s Pre-Seed Builder Fund is housed under TEDCO’s Social
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4 regional orgs supporting innovation and the development of new tech

On the cutting edge of technological research, getting an idea is often the easy part. Actually turning it into a successful product or company can be a bigger challenge. That’s where external support becomes invaluable. Networking opportunities, access to funding, professional and legal guidance
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TEDCO Exits Portfolio Company Allovue

TEDCO, Maryland’s economic engine for technology companies, announced a successful exit of the portfolio company Allovue, Inc., a Baltimore, Md.-based, fintech company. Allovue, Inc. was acquired by PowerSchool.
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Baltimore Money Moves: Brown Advisory secures $14M, Latimer Ventures leads a $10M round

In Baltimore’s funding landscape, a variety of local companies garnered significant investments over the past month. Check them out below.
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People on the Move - Crystal Berger

Crystal Berger founded EBO to enhance operational efficiency and combat the lack of diverse perspectives in news. Under her leadership, EBO secured TEDCO investments and recognition as a RealLIST Startup. Berger oversaw 140,000 bookings, achieving an 85% diversity increase and tripling division
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Maryland-Based NanoBioFAB Wins Top Spot at Defense-Tech Startup Contest at AFCEA International Emerging Technology Conference

NanoBioFAB, a Frederick, Maryland-based small business providing artificial intelligence (AI)-driven smart sensors for telemedicine and personalized health care and high throughput technology, as well as services to accelerate nanomaterial research and development, was announced as the winning
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TEDCO Invests in Sonogen Medical

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.
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TEDCO Invests in Dockshare

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
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MACo Supports Equitech Growth Commission, Boosting County Economic Strategies

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