(84) News Articles
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
December 14, 2018
Lunch with David Wise - Director of the Maryland Momentum Fund
Recently, I had lunch with David Wise at City Café to discuss the subject of investment capital for early stage companies. Until the end of July, David had been the venture advisor to the Abell…
- MMF Press / Media
December 11, 2018
University System of Maryland Venture Capital Fund and Lord Baltimore Capital Group Invest in Baltimore-Based Startup Zest Tea
Zest Tea, a company that creates energizing tea blends with as much caffeine as a cup of coffee, has received a $1 million investment in a funding round co-led by the Lord Baltimore Capital Group and…
- MMF Release
- Portfolio Company News
December 3, 2018
New Beverage Showdown 16 Finalists Revealed at BevNET Live 2018
BevNET Live Winter 2018 kicked off with a glimpse at the next generation of innovative beverages, as 12 emerging entrepreneurs took the main stage to pitch their products during the semi-final round…
- Portfolio Company News
April 4, 2018
UMCP Startup North American Wave Engine Corp. Receives Investment from USM Venture Capital Fund
North American Wave Engine Corporation (NAWEC), an aerospace company formed from research based at the University of Maryland, College Park (UMCP), has received a $1.45 million investment in a…
- MMF Press / Media
- Portfolio Company News
February 8, 2018
MD Momentum Fund Backs Stroke Recovery Firm
The University System of Maryland (USM) has selected NextStep Robotics, a startup company that has developed a personalized robotic therapy to help relieve discomforts of “foot drop” syndrome in…
- MMF Press / Media
- Portfolio Company News
November 9, 2017
MF Fire gets first investment from Maryland Momentum Fund
University of Maryland, College Park, startup MF Fire received the first investment form the University System of Maryland’s Maryland Momentum Fund, the system announced Thursday. MF Fire will…
- MMF Press / Media
- Portfolio Company News
July 5, 2017
USM Names David W. Wise Director of Maryland Momentum Fund
The University System of Maryland (USM) has named business innovator David W. Wise, MALD, as director of the Maryland Momentum Fund (MMF), a $25 million fund to support startups formed within the…
- MMF Release
- USM News
March 16, 2017
USM Launches $25 Million Maryland Momentum Fund to Back Start-Up Companies Formed from Campus Research
To increase new company creation and commercialization of its leading-edge research, the University System of Maryland (USM) is launching a $25 million early-stage investment fund to be known as the…
- MMF Release
- USM News