(89) News Articles
July 11, 2023
University System of Maryland Momentum Fund Invests in Impruvon Health Alongside TCP Venture Capital, New Dominion Angels
Baltimore-based Digital Health Startup is Working to End Medication Errors and Streamline Workflows in Long-Term Care Settings
- MMF Release
June 6, 2023
University System of Maryland Momentum Fund Invests in Astek Diagnostics, Joins Wexford SciTech Fund, Ayana Capital, and Other Leading Investors
Astek, a Medical Device Company, Commercializing a Bacterial Infection Detection Technology
- MMF Release
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
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