(80) News Articles
September 12, 2019
USM investment fund has tapped mostly Baltimore, College Park startups
The Maryland Momentum Fund has been successful in its first couple of years but needs to do a better job of marketing itself to all of the University System of Maryland’s institutions, the fund’s…
- MMF Press / Media
September 10, 2019
Veralox Therapeutics Receives Investment from Maryland Momentum Fund
Veralox Therapeutics, Inc., a preclinical stage therapeutics company located in Frederick, MD has received a $500,000 investment from the University System of Maryland (USM) Maryland Momentum Fund as…
- MMF Release
- Portfolio Company News
September 5, 2019
Veralox Therapeutics Raises $5.4 Million in Seed Funding Co-Led by JDRF T1D Fund and Sanofi Ventures
Funding to Advance Development of Drug Candidates Targeting Heparin-Induced Thrombocytopenia and Type 1 Diabetes Veralox Therapeutics (“Veralox”), a preclinical stage company focused on accelerating…
- Portfolio Company News
September 5, 2019
Frederick biotech Veralox Therapeutics raises $5.4 million seed round
Frederick biotechnology firm Veralox Therapeutics has raised a $5.4 million seed round of funding, to help push its first drug candidate toward clinical trials. The round was led by the JDRF T1D…
- Portfolio Company News
September 3, 2019
Zest Tea Launches 0 Calorie RTD Extension, Updates Bagged Tea Packaging
Zest Tea is launching their first of several 0 calorie sparkling teas after successfully introducing three 50 – 60 calorie sparkling high caffeine teas last year. The new flavor, Blackberry Lime,…
- Portfolio Company News
August 28, 2019
Gemstone Biotherapeutics Receives Maryland Momentum Fund Investment
Gemstone Biotherapeutics, a clinical stage biotech company developing innovative, evidence-based products for scar-free skin regeneration, has received a $250,000 investment from the University…
- MMF Release
- Portfolio Company News
August 28, 2019
Healthcare startup Gemstone Biotherapeutics gets Maryland Momentum Fund investment
The Baltimore-based company earned $250,000 from the fund, which was created to support University System of Maryland-affiliated startups. Baltimore-based Gemstone Therapeutics has received $250,000…
- Portfolio Company News
August 20, 2019
Baltimore Start Up NextStep Robotics Awarded NIH $1 Million Cooperative Agreement
NextStep Robotics, a University of Maryland, Baltimore start up tackling stroke rehabilitation, specifically foot drop, has been awarded Phase I of a Fast Track Cooperative Agreement application…
- Portfolio Company News
August 8, 2019
Taking risks with robotic rehabilitation
Brad Hennessie ’09, CEO of NextStep Robotics, seeks to help stroke survivors. When Brad Hennessie ’09 came to Towson University, he wanted to be a physical therapist. Now, over a decade after…
- Portfolio Company News
July 30, 2019
University System of Maryland Names Claire Broido Johnson Managing Director of the Maryland Momentum Fund
The University System of Maryland (USM) has named Claire Broido Johnson, MBA, as Managing Director of the Maryland Momentum Fund (MMF), a $10 million investment fund that supports early-stage…
- MMF Press / Media
- USM News
May 20, 2019
University System of Maryland Venture Capital Fund Invests in Retrium
Retrium, Inc., a company located in Silver Spring, MD whose cloud platform enables software development teams to continuously improve via better agile retrospective meetings, has received a $400,000…
- MMF Release
- Portfolio Company News
April 22, 2019
University System of Maryland Venture Capital Fund and Chesapeake Bay Seed Capital Fund Invest in PaverGuide, Inc.
PaverGuide, Inc., a company located in Kent County, Md., which has developed a permeable paving system that lessens harmful storm water runoff while removing detrimental substances such as…
- MMF Release
- Portfolio Company News