(83) News Articles
November 29, 2022
Aircraft engine startup plans manufacturing facility in Canton after $3.5M round
A local aircraft engine manufacturer has raised a $3.5 million round and now plans to open a new manufacturing facility in Baltimore. North American Wave Engine Corp. plans to build a 7,500-square-…
- Portfolio Company News
November 21, 2022
Jet propulsion-focused Wave Engine lands $3.5M round alongside new Baltimore facility
The University of Maryland spinout, which develops next-generation jet propulsion engines and aerial vehicles, deepened its presence in Charm City after years of growth and contracts with defense…
- Portfolio Company News
September 7, 2022
University System of Maryland Names Mike Ravenscroft Managing Director of the Maryland Momentum Fund
Baltimore, Md. (Sept. 7, 2022) – The University System of Maryland (USM) has named Mike Ravenscroft as Managing Director of the Maryland Momentum Fund (MMF), a $16 million investment fund that…
- MMF Release
- USM News
June 9, 2022
A strategic relocation to Baltimore supports one biomedical company’s growth
KaloCyte, a thriving startup developing a red blood cell substitute, moved to the BioPark in 2019. KaloCyte cofounders Dr. Allan Doctor and Dr. Dipanjan Pan were slated to relocate to Maryland and…
- Portfolio Company News
May 3, 2022
Power Flow Podcast: Fueling the Energy Revolution Through Startups
Claire Broido Johnson and Power Flow host Amy Simpkins discuss how startups are poised to impact the new energy economy.
- MMF Press / Media
April 27, 2022
Linshom Medical, Inc. Closes $1.5 million Series A Round with Investment from Maryland Momentum Fund and Current Investors
Linshom is First to Deliver an Operating-Room-Quality Respiratory Profile to Patient Bedside for Continuous, Predictive Respiratory Monitoring (CPRM)Baltimore, Md. (April 27, 2022) – Linshom (“to…
- MMF Release
March 8, 2022
Givhero receives investment from Maryland Momentum Fund, TEDCO, and Conscious Venture Partners to use intrinsic motivation to increase adoption and engagement in wellness programs
GAITHERSBURG, MD (March 7, 2022) – Givhero, Inc. (“Givhero”), an employee well-being platform that leverages employees’ intrinsic motivation to increase adoption, retention, and engagement in well-…
- MMF Release
- Portfolio Company News
March 8, 2022
Md. startup spurs employees to meet wellness goals with charitable donations
Would you meditate, go on a bike ride or drink eight glasses of water if it meant your boss would send a donation to a charity you care about? Givhero, a Gaithersburg-based startup, is based on the…
- Portfolio Company News
February 21, 2022
Wildfire Sensors Designed To Give More Time To Respond To A Wildfire Threat In Gilpin County
Wildfire sensors are designed to give more time to respond to a wildfire threat and Gilpin County is among the first to try it out. Watch more from CBS Denver here.
- Portfolio Company News
February 10, 2022
Sunstone Credit Announces Initial Fundraise to Make it Easy and Affordable for Businesses to Go Solar
Investors include Forbright Bank, Cross River Digital Ventures, Grotech Ventures, Early Light Ventures and the Maryland Momentum Fund
- Portfolio Company News
September 9, 2021
6 concepts to guide colleges that are getting into the venture capital game
While university funds have great potential, they also face distinct challenges By: Claire Broido Johnson and Joseph Kannarkat | September 9, 2021 Universities have long been viewed as spawning…
- MMF Press / Media
September 8, 2021
AquaLith Advanced Materials Receives Investment from Maryland Momentum Fund to Create More Efficient, Economical, and Environmentally Friendly Lithium Ion Battery Materials
AquaLith is Co-Founded by a University of Maryland, College Park Professor and is Enabling a Cheaper, Safer, Higher Density Lithium Ion Battery
- MMF Release