Posted May 18, 2020
USM Maryland Momentum Fund Invests $150,000 in pathOtrak
Company led by Former UMCP and National Institute of Standards and Technology Faculty Member Drastically Cuts Detection Time for Salmonella and E. coli in Food
Baltimore, MD. (May 18, 2020) – The University System of Maryland (USM) Maryland Momentum Fund has invested $150,000 in College Park, Md.-based pathOtrak, a company that has developed a rapid food test for salmonella and E. coli in food.
The investment closes out pathOtrak’s $1.2 million seed round, along with a $200,000 investment from a global life sciences company with a food safety division and $310,000 from the Dingman Center Angels.
Read the full release from the University System of Maryland.