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MMF News Maryland Momentum Fund

WebA 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.

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University System of Maryland Momentum Fund Invests in …

WebBaltimore-based Digital Health Startup is Working to End Medication Errors and Streamline Workflows in Long-Term Care Settings Baltimore, Md. (July 11, 2023) – Impruvon Health (“Impruvon”), a Baltimore-based digital health startup, announced today that it closed a financing round to support surging demand from healthcare organizations …

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Astek Diagnostics Maryland Momentum Fund

WebAstek Diagnostics is a medical device startup that has developed a platform for rapid bacterial identification and antibiotic sensitivity testing, returning results in one hour. Astek is backed by Y Combinator, TEDCO, Wexford SciTech Capital Fund, Maryland Momentum Fund, and is a J&J JLABS Blue Knight company.

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Improvon Health Maryland Momentum Fund

WebJuly 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 …

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University System of Maryland Momentum Fund and University of …

WebTherapeutics company is Developing a Novel Platform for Cancer Vaccines. Baltimore, Md. (Dec. 19, 2023) – Irazú Oncology, LLC ("Irazu"), a Baltimore-based therapeutics company, announced today that it closed a seed funding round to support development of the company’s outer membrane vesicle (OMV) cancer vaccines platform. The round was led …

Category:  Cancer Go Health

Maryland Momentum Fund

WebPortfolio Company News. February 26, 2024. Minnowtech Closes Series A Financing Led by Propel Baltimore Fund, with Participation from Maryland Momentum Fund, Abell Foundation, and TEDCO. Minnowtech Provides Shrimp Farmers Real-Time Insights into Shrimp Population and Biomass to Meet Surging Global Demand. MMF Release.

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University System of Maryland Names Mike Ravenscroft Managing …

WebBaltimore, 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 supports early stage companies affiliated with USM institutions. Ravenscroft joins the USM next week. Ravenscroft has devoted his career to …

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University System of Maryland Momentum Fund Invests in Astek

WebAstek, a Medical Device Company, Commercializing a Bacterial Infection Detection Technology. Baltimore, Md. (June 6, 2023) – Astek Diagnostics, Inc. ("Astek"), a Baltimore-based medical device company, announced today that it closed a seed funding round to support its development of a tabletop device to rapidly detect urinary tract …

Category:  Medical Go Health

A strategic relocation to Baltimore supports one biomedical …

WebKaloCyte, 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 launch the Center for Blood Oxygen Transport & Hemostasis at the University of Maryland School of Medicine nearly three years ago.. …

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USM Maryland Momentum Fund Invests $250,000 in $3.5M Seed …

WebBiotech company is developing breakthrough RNA therapies for cancer and muscular dystrophy. Baltimore, MD. (Aug. 10, 2020) -- The University System of Maryland (USM) Momentum Fund has invested $250K in miRecule, an emerging biotech company with a cutting-edge discovery platform to create RNA therapeutics alongside theFSHD …

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USM Maryland Momentum Fund Invests $250,000 in Qualytics

WebBaltimore, Md. (April 26, 2021)– The University System of Maryland (USM) Momentum Fund (MMF) has invested $250,000 in Qualytics Inc., a data quality company that offers the Qualytics Data Firewall, a platform that monitors data with real-time surveillance. Qualytics uses advanced data operations and machine learning to enable governance, auditing, …

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BioBuzz End of Year Update: 2020 Life Science Venture Capital …

WebThis has certainly been a year unlike any other for BioHealth Capital Region (BHCR) life science companies of all sizes and kinds. Just a few months into 2020, the coronavirus pandemic swept the region, seriously disrupting, albeit temporarily, the best-laid plans of aspiring founders, entrepreneurs, emerging startups, pre-clinical and more …

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Astek Diagnostics marks another R&D milestone through a …

WebAstek Diagnostics (“Astek”) announced today a strategic partnership with the MedStar Health Research Institute focused on advancing innovation around the identification of UTI infections and detection of antibiotic sensitivities in 1 hour through its JidduTM Analyzer.MedStar Health Research Institute is the research arm of MedStar …

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Fire Scientists Score $2 Million in DOE Grants

WebRelentless Push to Eliminate Particulate Matter Air Pollution Accelerates. MF Fire has been transforming wood heat into clean, renewable energy, and eliminating particulate matter from wood fires since 2014. Today, MF Fire announced it received two (2) Department of Energy grants from the Office of Energy Efficiency and Renewable …

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BioBuzz: If You Want to Raise Venture Capital These are Two Often

WebIf you are an entrepreneur, there is no better place to sharpen your pitch, gain valuable connections and learn from veteran business leaders and investors than the annual Entrepreneur Expo hosted by the Maryland Technology Development Corporation’s (TEDCO). In it’s 9th year the Entrepreneur Expo attracted approximately 900 attendees …

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Veralox Therapeutics Receives Investment from Maryland …

WebVeralox 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 part of a $5.4M funding round co-led by Sanofi Ventures, the JDRF T1D Fund and the VTC Innovation and Seed Fund, with …

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Gemstone Biotherapeutics Receives Maryland Momentum Fund …

WebGemstone 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 System of Maryland (USM) Maryland Momentum Fund. The investment is part of Gemstone’s bridge funding round.

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Baltimore Start Up NextStep Robotics Awarded NIH $1 Million …

WebNextStep 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 worth up to $5.4 million over four years by the National Institutes of Health.

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Frederick biotech Veralox Therapeutics raises $5.4 million seed …

WebFrederick 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 Fund, a venture fund dedicated to accelerating tech to treat, prevent and cure type 1 diabetes (T1D). well as Massachusetts-based Sanofi Ventures, …

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