Skip to main content


The Daily Record: USM fund invests $350,000 in BioPark med-tech startup

The University System of Maryland Maryland Momentum Fund and the University of Maryland, Baltimore, have invested $350,000 in a medical technology startup, the 11th investment from the fund.

University of Maryland BioPark startup ARMR Systems Inc. was awarded $350,000, the first time a BioPark resident has received an investment from the fund.

The university investments led ARMR’s $750,000 seed round as the advanced tourniquet maker goes through the regulatory process and begins to build out its team.

Read the full story from The Daily Record.

Back to the News Index