(54) News Articles
June 5, 2023
Astek Diagnostics raises $2M to commercialize urinary tract infection diagnostic tool
A Baltimore diagnostic firm closed a $2 million funding round on Thursday that it hopes will help launch a device to give patients with urinary tract infections a quick route to recovery.
- Portfolio Company News
May 25, 2023
University System of Maryland Momentum Fund Invests in SIMPLi, Supporting Rapid Growth
SIMPLi is a leading provider of Regenerative Organic Certified® foods.
- MMF Release
- Portfolio Company News
May 15, 2023
CEVA Acquires Spatial Audio Business from VisiSonics to Expand its Application Software Portfolio for Embedded Systems targeting Hearables and other Consumer IoT Markets
Acquisition of RealSpace® enables CEVA to offer a complete spatial audio solution to OEMs targeting high volume markets including TWS, OTC hearables, gaming headphones, AR/VR, audio conferencing,…
- Portfolio Company News
January 25, 2023
Marinalife Raises Series A Funding Round Supporting Market Expansion and Product Development
Marinalife Provides Software Tools and Resources for Boaters and Marinas
- MMF Release
- Portfolio Company News
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
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
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
June 23, 2021
USM Maryland Momentum Fund Portfolio Company Veralox Therapeutics Announces $16 Million in New Investment
Company Led by University of Maryland Graduate Jeff Strovel Shows Continued Growth after Receiving Seed Funding from Maryland Momentum Fund and Other Investors in 2019
- MMF Release
- Portfolio Company News