Abell Foundation

Minnowtech is an aquaculture technology company based in Baltimore, Maryland, that specializes in providing a software imaging platform designed for shrimp farmers. This platform allows for the non-invasive estimation of shrimp abundance using artificial intelligence and image analysis, enabling farmers to optimize feeding regimes and harvests while minimizing risks to juvenile shrimp. By addressing significant challenges in the aquaculture industry, particularly in assessing shrimp growth and optimal harvest times, Minnowtech enhances the health and productivity of shrimp hatcheries. The company's low-cost technology, supported by a team of marine scientists, aims to improve the livelihoods of aquaculture farmers and contribute to global food security and the sustainability of marine environments.

Marinalife, LLC, established in 2000 and based in Baltimore, Maryland, specializes in marina information and cruising concierge services. The company provides a range of offerings designed for all types of boaters, including detailed marina information, boat slip reservations, and travel resources such as trip itineraries and destination guides. The Marinalife Cruising Club membership enhances the boating experience by granting access to these resources, making boating adventures more manageable. Additionally, Marinalife publishes a quarterly magazine that features entertaining and informative articles on various topics, including travel destinations, marina highlights, cruising stories, and tips for boat captains. Marinalife operates as a subsidiary of Snag A Slip, LLC, and aims to centralize and streamline the boating experience for its members.

North American Wave Engine Corporation, founded in 2015 and headquartered in College Park, Maryland, specializes in the design and development of wave engines for jet propulsion applications. The company employs innovative technology that leverages recent scientific advancements to achieve exceptional Thrust-to-Weight ratios and Thrust-Specific Fuel Consumption, all while eliminating the need for moving parts. This unique approach positions North American Wave Engine at the forefront of jet propulsion technology, aiming to enhance efficiency and performance in aviation.

ReGelTec, Inc. is a medical device company based in Baltimore, Maryland, focused on developing minimally invasive spinal implants aimed at treating lower back pain and degenerative disc disease. Established in 2018, the company has created a unique device that is injected into the nucleus of an intervertebral disc using a small needle. This viscous solution is filled to a predetermined height or pressure, solidifying as it cools to body temperature, which helps alleviate pain without the need for follow-up surgery. ReGelTec's innovative approach offers a potential solution for patients suffering from debilitating spinal conditions.

Spine Align, LLC, based in Baltimore, Maryland, is a medical device company incorporated in 2017 that focuses on improving spinal surgery outcomes through innovative technology. The company has developed patent-pending imaging technology that provides real-time, three-dimensional measurements of spinal alignment during corrective surgeries. This breakthrough technology significantly reduces the time required for measurements by 95% and decreases radiation exposure by 80% compared to traditional methods. By offering intraoperative alignment assessments, Spine Align aims to help medical professionals standardize surgical outcomes and address the high revision rates associated with primary spine surgeries.

NextStep Robotics Inc. is focused on developing innovative solutions for treating foot drop through a robotic device that enhances walking function. Incorporated in 2017 and based in Baltimore, Maryland, the company enables clinics to offer personalized robotic therapy using adaptive software that provides assistance tailored to each patient's needs. This system allows lower-skilled clinic staff to operate the device, thereby freeing up therapists to concentrate on other treatment modalities. As the company collects more data, the software will evolve into an AI-based system that optimizes training protocols for individual patients. The device is classified as a Class 1 Exercise Device, which allows for immediate revenue generation through direct sales, leasing, software subscriptions, and service contracts. This clinically proven approach not only improves patient outcomes but also enables clinics to provide reimbursable therapy for conditions that previously lacked effective treatment options.

BurnAlong is a personalized wellbeing class and social motivation to help people get the health and wellness they need. BurnAlong delivers personalized corporate wellness classes and social motivation to help employees achieve their health and wellness goals; and companies in turn create great cultures that retain and attract talent. It was founded in 2016 and is headquartered in Baltimore, Maryland.

NextStep Robotics Inc. is focused on developing innovative solutions for treating foot drop through a robotic device that enhances walking function. Incorporated in 2017 and based in Baltimore, Maryland, the company enables clinics to offer personalized robotic therapy using adaptive software that provides assistance tailored to each patient's needs. This system allows lower-skilled clinic staff to operate the device, thereby freeing up therapists to concentrate on other treatment modalities. As the company collects more data, the software will evolve into an AI-based system that optimizes training protocols for individual patients. The device is classified as a Class 1 Exercise Device, which allows for immediate revenue generation through direct sales, leasing, software subscriptions, and service contracts. This clinically proven approach not only improves patient outcomes but also enables clinics to provide reimbursable therapy for conditions that previously lacked effective treatment options.

Vixiar Medical, Inc., founded in 2013 and located in Annapolis, Maryland, specializes in the development of non-invasive and cost-effective devices for monitoring cardiopulmonary diseases. The company focuses on conditions that impose significant clinical and economic challenges. Its flagship product, Indicor, is a handheld point-of-care device coupled with a digital platform, designed specifically for monitoring worsening heart failure. Through its innovative approach, Vixiar Medical aims to improve patient outcomes and reduce healthcare costs associated with cardiopulmonary conditions.

ReGelTec, Inc. is a medical device company based in Baltimore, Maryland, focused on developing minimally invasive spinal implants aimed at treating lower back pain and degenerative disc disease. Established in 2018, the company has created a unique device that is injected into the nucleus of an intervertebral disc using a small needle. This viscous solution is filled to a predetermined height or pressure, solidifying as it cools to body temperature, which helps alleviate pain without the need for follow-up surgery. ReGelTec's innovative approach offers a potential solution for patients suffering from debilitating spinal conditions.

North American Wave Engine Corporation, founded in 2015 and headquartered in College Park, Maryland, specializes in the design and development of wave engines for jet propulsion applications. The company employs innovative technology that leverages recent scientific advancements to achieve exceptional Thrust-to-Weight ratios and Thrust-Specific Fuel Consumption, all while eliminating the need for moving parts. This unique approach positions North American Wave Engine at the forefront of jet propulsion technology, aiming to enhance efficiency and performance in aviation.

The University of Maryland, established in 1856 and located in College Park, Maryland, has gained significant recognition as a leading public research university. Over the past two decades, it has enhanced its reputation through a strong focus on research, entrepreneurship, and innovation. The university is committed to advancing its competitive advantages and pursuing ambitious goals to solidify its standing among the world's top institutions. The executive management team oversees the university's assets, ensuring effective governance and strategic direction to support its mission.

Vixiar Medical, Inc., founded in 2013 and located in Annapolis, Maryland, specializes in the development of non-invasive and cost-effective devices for monitoring cardiopulmonary diseases. The company focuses on conditions that impose significant clinical and economic challenges. Its flagship product, Indicor, is a handheld point-of-care device coupled with a digital platform, designed specifically for monitoring worsening heart failure. Through its innovative approach, Vixiar Medical aims to improve patient outcomes and reduce healthcare costs associated with cardiopulmonary conditions.

Sonavex, Inc. is a Baltimore-based company founded in 2013 that specializes in advanced imaging technology aimed at enhancing surgical outcomes. The company has developed a proprietary ultrasound-based platform that enables clinicians to detect anastomotic blood clots and assess critical intravascular flow metrics directly at the point of care. This technology not only facilitates the measurement of blood flow and vessel morphology but also includes bioresorbable and echogenic equipment to mark at-risk blood vessels for future assessments. By providing actionable data, Sonavex supports healthcare providers in monitoring and improving patient care, particularly in the context of post-operative complications.

Loople Mobile offers a business intelligence product and marketing solution for the alcohol industry. The smartphone application enables individuals to find and go to bars and restaurants in the vicinities based on drink specials, seating arrangements, and offers. Loople Mobile was founded by David Phelan and Philip DiMuro in February 2014 and is based in Baltimore, Maryland.

Sonavex, Inc. is a Baltimore-based company founded in 2013 that specializes in advanced imaging technology aimed at enhancing surgical outcomes. The company has developed a proprietary ultrasound-based platform that enables clinicians to detect anastomotic blood clots and assess critical intravascular flow metrics directly at the point of care. This technology not only facilitates the measurement of blood flow and vessel morphology but also includes bioresorbable and echogenic equipment to mark at-risk blood vessels for future assessments. By providing actionable data, Sonavex supports healthcare providers in monitoring and improving patient care, particularly in the context of post-operative complications.

Perceptive Navigation LLC is a pre-clinical stage medical device company based in Baltimore, Maryland, focused on developing interventional medical devices for image-guided surgery. Its flagship product, Vu-Path, is an innovative intracorporeal ultrasound device that combines forward-viewing ultrasound imaging with a working portal for the introduction of needles, biopsy instruments, guide wires, and therapeutic delivery. Designed to enhance the safety and efficacy of minimally invasive procedures across various medical specialties, including radiology, cardiology, interventional oncology, and urology, Vu-Path addresses critical limitations of existing imaging techniques, which can be costly, cumbersome, and risky. The device aims to provide accurate and precise access to internal structures, thereby reducing procedural times and enhancing overall patient care. By replacing traditional imaging methods like surface ultrasound, CT, X-Ray, and MRI, Vu-Path is positioned to streamline complex surgical operations while minimizing resource requirements. Perceptive Navigation was incorporated in 2012 and continues to advance its technology to meet the needs of the medical community.

Vasoptic Medical Inc. is engaged in the development and commercialization of medical devices aimed at the non-invasive assessment of blood flow and vascular status, particularly in the retina. The company's flagship product, the XyCAM Retinal Imager, allows for the visualization of retinal blood flow dynamics without requiring contrast agents or pupil dilation. This low-cost, portable imager provides healthcare professionals with quantitative tools to monitor the progression of various ophthalmic and systemic diseases. By making this technology accessible in primary care centers, healthcare facilities, pharmacies, and community clinics globally, Vasoptic Medical aims to enhance access to essential eye care for at-risk and underserved populations while reducing the costs associated with traditional eye examinations. Founded in 2012 and based in Baltimore, Maryland, the company is committed to improving patient outcomes through innovative healthcare solutions.

CoolTech LLC, based in Baltimore, Maryland, specializes in the development of innovative medical technology for non-invasive fever control and neuroprotection. The company's primary product, the CoolStat device, utilizes transnasal energy removal technology to effectively manage patient temperature. This small, lightweight, and portable device delivers filtered, dry air through a single-use air tubing set, allowing for ease of movement throughout a hospital environment. By blowing room-temperature air into the nasal passages, the CoolStat promotes an evaporative cooling mechanism, which is particularly beneficial for patients experiencing cardiac arrest or head injuries. Since its incorporation in 2011, CoolTech has focused on improving patient outcomes through its advanced cooling solutions.