Company offering a meals-as-a-service platform receives investment from TEDCO’s Venture Funds
COLUMBIA, Md., (April 8, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $250,000 Venture Funds investment in Din Din, Inc. TEDCO’s evergreen Venture Funds are dedicated to funding and growing the next generation of early-stage technology and life sciences businesses in Maryland. Through this fund, companies are offered an experienced team that is focused on supporting the entrepreneurial journey.
“During the COVID-19 pandemic, we saw over 110,000 restaurants close nationwide. In an effort to support the local chefs affected, we wanted to build a tool that would allow them to continue employment as micro-entrepreneurs,” said John Aggrey, co-founder and CEO of Din Din, Inc. “With TEDCO’s support, Din Din was able to pivot coming out of the pandemic and build a suite of proprietary software to support Human Resource managers’ mission in attracting and retaining talent by providing gourmet ‘heat and serve’ meals to their employees as a benefit or to support life events.”
Located in Silver Spring, Md., Din Din is a technology-based startup that developed a ‘meals-as-a-service’ (MaaS) platform working to provide a solution for corporations to attract, retain and engage employees. Through the online marketplace they developed, chefs and customers are able to enjoy community and support, while also indulging in the local cuisine.
“TEDCO’s commitment to supporting technology and life sciences businesses throughout Maryland can be seen through our Venture Funds and the investments we make,” said Katherine Hill Ritchie, senior director of Venture Funds at TEDCO.
“Through these investments, we are looking to not only support the next generation of early-stage businesses, but we are committed to growing a sustainable and competitive ecosystem.”
Din Din has been in TEDCO’s portfolio since 2021 when they received their first investment from TEDCO’s Venture Funds.
“As one of the top ten most innovative states in the nation, Maryland is the place for entrepreneurs to call home,” TEDCO CEO, Troy LeMaile-Stovall, explained. “The state offers a highly skilled workforce, robust infrastructure and dynamic economy, making it an ideal destination for those ready to take their next steps and grow.”
TEDCO’s evergreen Venture Funds are dedicated to supporting and growing the next generation of early-stage businesses in Maryland and provide investments anywhere from $500,000 to $1.5M. For more information on the application process, visit our page here https://www.tedcomd.com/funding/venture-funds.