Technology development corporation dedicated to providing innovative solutions to everyday issues
COLUMBIA, Md., (February 19, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced Thermoreg received $25,000 in funding from the Concept Capital program. Concept Capital is the bridge to early-stage funding that some entrepreneurs need; by providing flexible funding and specialized support, the program helps businesses prepare for future venture opportunities.
“As a Nuclear engineer, I saw an opportunity for a device that could minimize the risk of heat related illness for workers in high temperature environments,” said Larry Sumerville, II, CEO of Thermoreg. “With this funding, we can continue development and research efforts as we expand to reach everyone who could benefit from our wearable thermo-regulation and noninvasive monitoring system. I urge any technology or life sciences-based startup to investigate everything TEDCO has to offer.”
Thermoreg, located in Baltimore, Md., a technology development corporation dedicated to creating innovative technologies that support everyday life. Through these efforts, the company has developed the Fitness Cap, a patented hair cooling and dehumidification technology that aims to increase endurance and minimizes exhaustion while working out. Thermoreg is also developing a wearable cooling and noninvasive exhaustion detection system that will keep the U.S. workforce and military safe while working in high temperature environments.
“Innovation comes in all forms and industries – Thermoreg is one example of this,” said Graham Dodge, vice president of Venture Development. “We are happy to continue supporting in technological innovations that have the potential to support Maryland’s economic expansion.”
Thermoreg has also utilized other TEDCO resources and programs including the Network Advisors, Prelude Pitch, the Rural and Underserved Business Recovery from Impact of COVID-19 (RUBRIC) program.
“From cybersecurity to biotechnology, Maryland offers unparalleled advantages for entrepreneurs to grow their businesses,” TEDCO CEO, Troy LeMaile-Stovall, explained. “With a highly skilled workforce, robust business resources, and a prime location, Maryland is strategically positioned to support growth and innovation.”
TEDCO’s Concept Capital program was created to provide critical early-stage funding for tech companies in need of assistance to further launch and grow their business, allowing Maryland to become a hub for entrepreneurial success. For more information about the Concept Capital program, please visit tedcomd.com/funding/concept-capital.