HeMemics Biotechnologies
Venture Round in 2025
HeMemics Biotechnologies Inc. is a privately held biosensor company based in Gaithersburg, Maryland, specializing in the research and development of advanced diagnostic test platforms for detecting bacterial and viral pathogens. Established in 2009, the company is finalizing a novel testing platform that aims to deliver near PCR-level accuracy at the cost of lateral-flow tests. This innovative system features a rugged, low-cost handheld reader and a disposable biosensor capable of simultaneously detecting up to 32 pathogens through patented desiccation technology. Results can be obtained in under five minutes, making it a rapid point-of-care tool. The platform is designed for versatile applications, including public health, defense, and national security, and can be integrated with cloud-based data analytics to monitor emerging health threats in real-time.
Pathotrak
Venture Round in 2025
Pathotrak specializes in rapid food safety testing. Its patented technology reduces detection time of pathogens like Salmonella and E. coli from days to hours, meeting FDA and USDA regulations. This innovation helps minimize holding costs, enables swift recalls, and enhances overall food safety.
Novel Microdevices
Venture Round in 2025
Novel Microdevices, LLC is a medical device company that specializes in the development of handheld devices for molecular diagnostics. Founded in 2014 and headquartered in Annapolis, Maryland, the company has created the NOVEL DX device, which employs microfluidics technology to analyze raw biological samples at the point of care. This device delivers results in approximately 30 minutes, allowing healthcare professionals to achieve lab-quality diagnostics without the need for a traditional laboratory setting. Novel Microdevices caters to various sectors, including clinical diagnostics, biodefense, food safety, forensics, drug discovery, animal care, and agriculture, thus addressing a wide range of applications in health and safety.
Nanobiofab
Pre Seed Round in 2025
Founded in 2015, Nanobiofab specializes in manufacturing smart, nanotech-based wearable healthcare devices for humans and pets. Its flagship product, iNose, detects and monitors skin vapor-print wirelessly via mobile phone, tracking fat burning rate, exercise effectiveness, and metabolic rate over time.
NextStep Robotics
Seed Round in 2024
NextStep Robotics Inc. develops a portable ankle rehabilitation device that treats foot drop by providing real‑time, graded assistance during gait training. The system combines advanced robotics with adaptive software that tailors assistance to each patient’s needs and, as more data accumulate, transitions to an AI‑driven platform that optimizes training protocols. Designed for use in outpatient clinics, the device can be operated by lower‑skilled staff, freeing therapists to focus on other modalities. It is classified as a Class 1 exercise device, allowing immediate market entry without FDA approval. The company generates revenue through direct sales or leasing of the hardware, subscription fees for the software, and service contracts, while enabling clinics to bill for gait training under existing CPT codes.
Ion Storage Systems
Grant in 2024
Founded in 2015, Ion Storage Systems specializes in manufacturing solid-state lithium-ion batteries. The company serves the defense and aerospace, consumer electronics, and electric vehicles industries by developing energy-dense, safe, and non-flammable batteries using low-cost materials.
Allegany College of Maryland
Grant in 2024
The main campus of the Allegany College of Maryland rests in Cumberland, off of Willow Brook Road. As the biggest of the school’s three campuses, Cumberland has all of the amenities you may never have expected from a small college.
Each building is equipped with the latest modern facilities, making for an up-to-date learning experience. There are also dining areas, a student lounge, and a state of the art physical education building with a gym and swimming pool.
Within the list of extensive fields of study are the social, biological and political sciences, criminal justice and criminology, many fields in the humanities, accounting and business programs, automotive and other technical studies, culinary arts, hotel and restaurant management, forest technology, health fields including dental hygiene, physical education, nursing, and pharmacy technician studies, and more.
Advice is not something you’ll be lacking at Allegany. The tutoring services can help you through any academic rough patches. Transfer advising can prepare you to go to a four-year college. Career advising counselors can help you pick a major, assess your interests and aptitudes, and help find you a career.
Along with federal financial aid and veteran’s benefits, Allegany also offers a catalog full of scholarships from major related aid to local endowments to eligible students.
Hagerstown Community College
Grant in 2024
The faculty and staff at Hagerstown Community College are committed to helping you succeed in your academic and professional pursuits, whatever they may be.
Hagerstown Community College, located in Hagerstown, Maryland, is dedicated to making your experience a rewarding and memorable one, whether it be earning your associate’s degree, getting your occupation-specific certificate, or stacking up transferable credits for a move to a four-year university.
Hagerstown Community College makes sure that it offers vocational training programs in areas not only of interest to the students, but those in demand by the local communities. Not interested in an occupational certificate? Continuing education programs are available for individuals who need to keep up with changing technologies, whether for personal or professional use.
For those looking to earn an associate’s degree, Hagerstown Community College offers an even longer list of degree programs for the academic-minded student. Distance education is available for all students who have a difficult time prioritizing in-classroom instruction.
So whether you’re interested in jump-starting your career or earning an associate’s degree, Hagerstown Community College may be a right fit for you.
Minnowtech
Series A in 2024
Minnowtech, headquartered in Baltimore, Maryland, specializes in aquaculture technology. The company offers a software imaging platform that enables shrimp farmers worldwide to estimate shrimp abundance non-invasively with precision. By utilizing artificial intelligence and image analysis, Minnowtech's solution optimizes feeding regimes, harvest times, and overall farm management, enhancing market-size shrimp production while minimizing risks to juvenile shrimp. This innovative approach addresses a critical challenge in the aquaculture industry, improving farmers' livelihoods and contributing to global food security and marine environment sustainability.
PediaMetrix
Seed Round in 2023
PediaMetrix is a pediatric health technology company that develops AI-powered cranial measurement and monitoring tools to detect and manage head shape abnormalities in newborns. Its SoftSpot platform provides quantitative cranial measurements via a smartphone app, enabling at-home and in-office use, and offers data-driven guidance and repositioning instructions for parents. The system also gives pediatricians access to simplified analysis and data from the app to support clinical decisions, and is supported by FDA-cleared digital tools for pediatric head assessment. Founded in 2018, the company is based in Rockville, Maryland, and leverages computer vision and artificial intelligence to lower healthcare costs and improve outcomes in pediatric head care.
Makerspace of Annapolis
Grant in 2023
Makerspace of Annapolis offers access to facilities, equipment & knowledge in the fields of robotics, manufacturing, and computer science.
Morgan State University
Grant in 2023
Initially founded as a private institution in the Methodist tradition, Morgan State University was purchased by the state of Maryland in 1939 to offer more higher education opportunities to its minority constituents. Morgan State University is an HBCU.
Morgan State University is located in Baltimore, and offers a wide range of studies for undergraduate and graduate degrees. Graduate studies include a long list of social studies, business and all sciences, while doctoral programs include a list almost as long in areas such as engineering, environmental sciences, public health, and so much more.
Morgan State University proudly provides a well-rounded educational experience to all students. The faculty encourage students to get involved on-campus to ensure students are invested in their future.
Student programs and support services are available, from organizations to academic and personal counseling. Staff and faculty understand the pressures of academic life, and want to make sure the students are able to deal constructively with those stresses.
If you’re interested in a unique institution that values the highest level of education, a well-rounded experience and dedicated faculty, look no further. Call Baltimore your new home and check out Morgan State University.
Salisbury University
Grant in 2023
Salisbury University, located in Salisbury, Maryland, is a public four-year institution established in 1925. It provides a comprehensive and affordable education across various disciplines, including liberal arts, sciences, business, nursing, health sciences, social work, and education. The university offers professional bachelor’s degrees in fields such as Athletic Training, Business Administration, Computer Science, Nursing, and Social Work. Beyond traditional classroom learning, Salisbury engages students through various academic institutes and centers, including the Academy for Leadership in Education and the Center for Conflict Resolution. The vibrant student life is marked by over 125 organizations, encompassing diverse interests from cultural clubs to service groups. Prospective students are evaluated based on academic credentials, including transcripts, standardized test scores, recommendation letters, and personal essays, with financial aid available to those in need. The university's historical significance and coastal proximity further enhance its appeal as an educational environment.
Allegany College of Maryland
Grant in 2023
The main campus of the Allegany College of Maryland rests in Cumberland, off of Willow Brook Road. As the biggest of the school’s three campuses, Cumberland has all of the amenities you may never have expected from a small college.
Each building is equipped with the latest modern facilities, making for an up-to-date learning experience. There are also dining areas, a student lounge, and a state of the art physical education building with a gym and swimming pool.
Within the list of extensive fields of study are the social, biological and political sciences, criminal justice and criminology, many fields in the humanities, accounting and business programs, automotive and other technical studies, culinary arts, hotel and restaurant management, forest technology, health fields including dental hygiene, physical education, nursing, and pharmacy technician studies, and more.
Advice is not something you’ll be lacking at Allegany. The tutoring services can help you through any academic rough patches. Transfer advising can prepare you to go to a four-year college. Career advising counselors can help you pick a major, assess your interests and aptitudes, and help find you a career.
Along with federal financial aid and veteran’s benefits, Allegany also offers a catalog full of scholarships from major related aid to local endowments to eligible students.
Washington College
Grant in 2023
Washington College is one of the oldest liberal arts colleges in the United States, located in Chestertown, Maryland, along the scenic Chester River. The college is known for its personalized academic experiences, offering a low student-faculty ratio that fosters close interactions between students and faculty. It provides a diverse range of academic programs, including notable offerings such as the Starr Center for the Study of American Experience, which engages scholars and students in innovative discussions of history. Other areas of study encompass Anthropology, Art History, Black Studies, Clinical Counseling, Drama, Education, Engineering, Humanities, and International Literature. Students at Washington College enjoy a vibrant campus life, with opportunities to participate in various academic, recreational, and athletic organizations. The college also offers financial aid options, including grants, loans, work-study, and scholarships for eligible students, ensuring access to education for a broad range of individuals.
Cerebro Capital
Venture Round in 2023
Cerebro Capital, Inc. is a technology company based in Baltimore, Maryland, founded in 2017. It specializes in developing a web-based portal tailored for middle-market companies seeking to utilize credit facilities for operational needs, growth, or acquisitions. The platform integrates data from over 80 lenders and employs analytics to effectively match financing types with suitable lenders, enhancing transparency in the borrowing process. By providing a comprehensive online loan management system, Cerebro Capital aims to improve the efficiency of lending for corporate borrowers and financial intermediaries. The company equips users with access to critical market expertise, detailed term sheets, and continuous monitoring of credit standing and debt capacity, ultimately transforming how financial teams evaluate and source corporate credit.
N5 Sensors
Seed Round in 2023
N5 Sensors, Inc. is a technology company based in Rockville, Maryland, specializing in the development and commercialization of advanced sensors for multi-room and personal monitoring applications. Founded in 2012, the company focuses on creating chemical sensor technology capable of detecting harmful gases such as carbon monoxide and carbon dioxide, as well as other lesser-known environmental hazards. N5 Sensors employs fabrication processes typically used for silicon computer chips, resulting in small, accurate devices that can simultaneously detect multiple gases. These sensors are integrated into a cloud-connected ecosystem, enabling industrial workers, first responders, and military personnel to assess environmental dangers in real-time using their smartphones, thereby enhancing safety and awareness in potentially hazardous situations.
Nanobiofab
Pre Seed Round in 2023
Founded in 2015, Nanobiofab specializes in manufacturing smart, nanotech-based wearable healthcare devices for humans and pets. Its flagship product, iNose, detects and monitors skin vapor-print wirelessly via mobile phone, tracking fat burning rate, exercise effectiveness, and metabolic rate over time.
HeMemics Biotechnologies
Seed Round in 2023
HeMemics Biotechnologies Inc. is a privately held biosensor company based in Gaithersburg, Maryland, specializing in the research and development of advanced diagnostic test platforms for detecting bacterial and viral pathogens. Established in 2009, the company is finalizing a novel testing platform that aims to deliver near PCR-level accuracy at the cost of lateral-flow tests. This innovative system features a rugged, low-cost handheld reader and a disposable biosensor capable of simultaneously detecting up to 32 pathogens through patented desiccation technology. Results can be obtained in under five minutes, making it a rapid point-of-care tool. The platform is designed for versatile applications, including public health, defense, and national security, and can be integrated with cloud-based data analytics to monitor emerging health threats in real-time.
Previse
Seed Round in 2023
Capsulomics, LLC is a biotechnology company focused on developing and manufacturing DNA tests for the early detection of upper gastrointestinal (GI) cancers, particularly esophageal cancer and its precancerous condition, Barrett’s esophagus. Founded in 2018 and based in Halethorpe, Maryland, Capsulomics aims to address the diagnostic and prognostic uncertainties associated with GI diseases. By providing advanced diagnostic solutions, the company enables healthcare professionals to prevent, detect, and treat these conditions more effectively, ultimately enhancing patient outcomes.
Gmork Tech
Non Equity Assistance in 2023
Gmork Tech is a small team of dedicated electrical engineers, software engineers, and business automation specialists based in Hagerstown, Maryland. Their team's prime objective is to provide you and your company with the resources you need to succeed. To that end, we are constantly developing and maintaining new industrial automation solutions, mass communication systems, and web technologies of the future.
Datalytica
Non Equity Assistance in 2023
Dataytica is a Maryland-based Limited Liability Corporation that is owned by a service-disabled veteran. They were founded in 2018 with the goal of providing specialized, expert consultation services in Artificial Intelligence, Machine Learning, and Data Analytics. Our portfolio is expanding to include cyber security solution operations and capability development.
Marinalife
Series A in 2023
Marinalife, LLC, established in 2000 and based in Baltimore, Maryland, specializes in providing marina information and cruising concierge services for boaters. As a subsidiary of Snag A Slip, LLC, Marinalife offers a comprehensive suite of travel services, including boat slip reservations and detailed marina information. The Marinalife Cruising Club membership grants boaters access to valuable travel resources, such as trip itineraries and destination guides, aimed at enhancing their boating experiences. Additionally, the company publishes Marinalife magazine, a quarterly travel and lifestyle publication that features engaging articles about marinas, cruising stories, and helpful tips for boaters. Through these offerings, Marinalife aims to support and enrich the boating community.
Warrior Centric Health
Venture Round in 2022
Warrior Centric Health LLC is a healthcare service provider focused on veterans and their families, founded in 2008 and headquartered in Ellicott City, Maryland. The company offers a comprehensive suite of solutions designed to enhance long-term health outcomes for this population, including hospital recognition programs, community outreach initiatives, and training for medical personnel. Its proprietary dual-use population health management platform addresses the socio-cultural determinants of health specific to the warrior community. Warrior Centric Health aims to support healthcare facilities in delivering optimal care to diverse patient populations, particularly those with needs arising from service-related issues, such as exposure to burn pits. Through its emphasis on education, data science, credentialing, and market relationship support, the company empowers healthcare institutions to effectively navigate the unique challenges faced by veterans and their families.
Datakwip
Venture Round in 2022
Datakwip, Inc. is a technology company that specializes in energy optimization for buildings. Founded in 2015 and based in Frederick, Maryland, Datakwip develops a cloud-based software platform that automatically identifies energy-saving opportunities in various facilities. The platform is designed for commercial real estate firms, senior living communities, biopharmaceutical facilities, and higher education institutions. By connecting seamlessly with existing infrastructure, Datakwip's proprietary software enables real-time communication and efficient facility management without the need for new hardware installations or costly upgrades. The company’s innovative approach has resulted in installations across over 30 properties, and it holds a portfolio of products that includes five pending patent applications aimed at enhancing energy efficiency in the built environment.
Lasarrus
Pre Seed Round in 2022
Lasarrus is a medical device company founded in 2013 and headquartered in Baltimore, Maryland. The company specializes in developing wearable devices aimed at enhancing the physical therapy experience for patients, particularly those with chronic obstructive pulmonary disease. Lasarrus's innovative device facilitates remote monitoring and telemedicine by capturing physiological and range-of-motion data from various points on the body. This technology provides patients with an affordable, comfortable, and non-invasive means to track their health routines and accelerate their recovery process.
Nanobiofab
Convertible Note in 2022
Founded in 2015, Nanobiofab specializes in manufacturing smart, nanotech-based wearable healthcare devices for humans and pets. Its flagship product, iNose, detects and monitors skin vapor-print wirelessly via mobile phone, tracking fat burning rate, exercise effectiveness, and metabolic rate over time.
CoolTech Medical
Seed Round in 2022
CoolTech Medical is a Baltimore-based company that specializes in transnasal cooling technology aimed at non-invasive fever control and neuroprotection. Founded in 2011, the company has developed the CoolStat device, which is compact, lightweight, and portable, allowing it to be easily transported throughout a hospital with the patient. This innovative device works by delivering filtered, room-temperature air through single-use tubing into the patient's nasal passages, creating an evaporative cooling effect that helps manage body temperature. The technology is particularly beneficial for patients experiencing cardiac arrest or head injuries, as it facilitates rapid cooling to improve outcomes.
Medcura
Venture Round in 2022
Medcura develops advanced wound care platforms designed for use across diverse clinical and non-clinical settings. Incorporated in 2007, it specializes in versatile hemostatic products marketed under brands like R3, Medcura Flex, LifeFoam, and Surgicura.
SkySquad
Seed Round in 2022
SkySquad is a travel assistance company based in Bethesda, Maryland, founded in 2019. It specializes in providing support for families, seniors, and non-English speakers during their airport experiences. SkySquad's platform connects travelers with airport employees who offer help from the moment passengers arrive at the car door until they reach the plane door. This service ensures a smooth check-in and check-out process, making air travel less stressful for those who need extra assistance.
GivHero
Seed Round in 2022
GivHero develops a social wellness platform that engages employees in health activities by linking them to causes they care about. Employers can sponsor employee health goals, with achievements supporting chosen causes, thereby boosting employee productivity and reducing long-term insurance costs.
Patient Premier
Grant in 2022
Patient Premier is a medical SaaS company that provides Pain Scored, a platform that quantifies patient-reported outcomes and physiologic data to monitor and document the effectiveness of pain management. The platform enables remote collection of self-reported assessments between visits and allows providers to review reports to support care coordination and monthly documentation of time spent on the platform, enabling ongoing management of chronic disease. It uses standardized assessments to show pain, activity, and mood, facilitating collaboration among patients, clinicians, and payers. It supports documentation for prior authorization, helps payers and clinical teams prevent inappropriate medication use, and aims to reduce costs while improving quality of life. It serves individuals, providers, health systems, and health insurers, and is based in Baltimore, Maryland, founded in 2017.
Baltimore Robotics Center
Grant in 2022
Baltimore Robotics Center is creating sophisticated concrete 3D printing structures to assist in the acceleration and strengthening of transit infrastructure.
Plus Up offers reducing positive parenting strategies that are practical and enjoyable for the entire family. The company is based in Crownsville, Maryland.
Udynamix is a security technology company that provides end-user authentication and digital vault solutions. It offers a digital vault product, KeyVault, enabling users to share access to saved websites and other information with family and friends for defined periods. The company serves commercial businesses, healthcare providers, managed service providers, government contractors, and NGOs. Founded in 2019 and based in Bethesda, Maryland, Udynamix promotes Dynamic User Authentication, a user-defined approach in which access control is established by users rather than by a centralized enterprise policy. The platform emphasizes dynamic, non-storable, and non-reusable credentials that reduce reliance on traditional static, server-stored credentials and on standard second-factor checks, helping to protect against identity theft and unauthorized access.
PediaMetrix
Seed Round in 2021
PediaMetrix is a pediatric health technology company that develops AI-powered cranial measurement and monitoring tools to detect and manage head shape abnormalities in newborns. Its SoftSpot platform provides quantitative cranial measurements via a smartphone app, enabling at-home and in-office use, and offers data-driven guidance and repositioning instructions for parents. The system also gives pediatricians access to simplified analysis and data from the app to support clinical decisions, and is supported by FDA-cleared digital tools for pediatric head assessment. Founded in 2018, the company is based in Rockville, Maryland, and leverages computer vision and artificial intelligence to lower healthcare costs and improve outcomes in pediatric head care.
Founded in 2015, Nanobiofab specializes in manufacturing smart, nanotech-based wearable healthcare devices for humans and pets. Its flagship product, iNose, detects and monitors skin vapor-print wirelessly via mobile phone, tracking fat burning rate, exercise effectiveness, and metabolic rate over time.
PediaMetrix
Seed Round in 2021
PediaMetrix is a pediatric health technology company that develops AI-powered cranial measurement and monitoring tools to detect and manage head shape abnormalities in newborns. Its SoftSpot platform provides quantitative cranial measurements via a smartphone app, enabling at-home and in-office use, and offers data-driven guidance and repositioning instructions for parents. The system also gives pediatricians access to simplified analysis and data from the app to support clinical decisions, and is supported by FDA-cleared digital tools for pediatric head assessment. Founded in 2018, the company is based in Rockville, Maryland, and leverages computer vision and artificial intelligence to lower healthcare costs and improve outcomes in pediatric head care.
Truvelop
Seed Round in 2021
Truvelop is a web-based employee evaluation and talent management platform founded in 2017 and headquartered in Baltimore, Maryland. The company focuses on enhancing workforce performance through a data-driven approach that utilizes artificial intelligence to identify employee performance patterns and predict outcomes. Truvelop's platform assists organizations in evaluating and developing their employees, helping to pinpoint those who contribute to success and those who may not. By providing insights into individual strengths and weaknesses, Truvelop empowers leaders, managers, and coaches to effectively transform their teams and organizations, ultimately boosting overall efficiency and productivity.
Warrior Centric Health
Seed Round in 2020
Warrior Centric Health LLC is a healthcare service provider focused on veterans and their families, founded in 2008 and headquartered in Ellicott City, Maryland. The company offers a comprehensive suite of solutions designed to enhance long-term health outcomes for this population, including hospital recognition programs, community outreach initiatives, and training for medical personnel. Its proprietary dual-use population health management platform addresses the socio-cultural determinants of health specific to the warrior community. Warrior Centric Health aims to support healthcare facilities in delivering optimal care to diverse patient populations, particularly those with needs arising from service-related issues, such as exposure to burn pits. Through its emphasis on education, data science, credentialing, and market relationship support, the company empowers healthcare institutions to effectively navigate the unique challenges faced by veterans and their families.
Ovalz, Inc. is a technology company based in College Park, Maryland, that specializes in developing digital solutions for inventory management and delivery status tracking. Founded in 2019, the company offers the StatusFlow platform, which provides comprehensive end-to-end tracking of inventory and delivery processes. This innovative software enables businesses to monitor their inventory in real-time across various selling channels, such as e-commerce sites and mobile applications. By synchronizing inventory data and providing detailed insights, Ovalz empowers organizations to make informed decisions, enhance operational efficiency, and improve customer satisfaction with reliable delivery experiences. The company's focus on status awareness helps eliminate uncertainties in the delivery process, allowing businesses to maintain transparency and optimize their logistics operations.
Datakwip
Venture Round in 2020
Datakwip, Inc. is a technology company that specializes in energy optimization for buildings. Founded in 2015 and based in Frederick, Maryland, Datakwip develops a cloud-based software platform that automatically identifies energy-saving opportunities in various facilities. The platform is designed for commercial real estate firms, senior living communities, biopharmaceutical facilities, and higher education institutions. By connecting seamlessly with existing infrastructure, Datakwip's proprietary software enables real-time communication and efficient facility management without the need for new hardware installations or costly upgrades. The company’s innovative approach has resulted in installations across over 30 properties, and it holds a portfolio of products that includes five pending patent applications aimed at enhancing energy efficiency in the built environment.
BullFrog AI
Seed Round in 2020
BullFrog AI Inc. is a biotechnology company based in Boyds, Maryland, specializing in drug development through the use of artificial intelligence and machine learning. Founded in 2017, it has developed the bfLEAP platform, which assists pharmaceutical companies in predicting patient responses to therapies under development. The platform offers comprehensive clinical data analytics services, including data ingestion, exploration, cleansing, and correlation analysis, as well as model building. By leveraging advanced AI technologies, BullFrog AI aims to enhance the development of medicines and biologics, addressing challenges in scalability and flexibility that researchers and clinicians face, while ultimately striving to improve human health.
NeoProgen
Seed Round in 2019
NeoProgen, Inc. is a clinical-stage biopharmaceutical company based in Baltimore, Maryland, that specializes in the development of cell therapies for heart attack patients. Founded in 2018, the company focuses on advancing neonatal cardiac progenitor cells, aiming to innovate treatment options within the biotechnology and cardiac therapy sectors. NeoProgen is dedicated to addressing the needs of individuals affected by heart conditions through its research and therapeutic advancements.
Refirm Labs
Seed Round in 2019
ReFirm Labs, Inc. is a cybersecurity company focused on identifying and mitigating cyber threats within the firmware of connected devices. Founded in 2017 and based in Fulton, Maryland, the company offers a suite of products and services aimed at enhancing the security of Internet of Things (IoT) devices and other connected machinery. Its flagship product, The Centrifuge Platform, automates the vetting and validation of firmware, enabling manufacturers to detect security flaws during and after the development process. In addition to its core offerings, ReFirm Labs provides training services in firmware analysis and exploitation, as well as vulnerability disclosure and remediation. The company's technology supports global firms in monitoring their products for emerging vulnerabilities, thus strengthening the overall security of their devices in a rapidly evolving digital landscape.
Vixiar Medical, established in 2013 and headquartered in Annapolis, Maryland, specializes in developing non-invasive, cost-effective devices and systems for monitoring cardiopulmonary diseases. Its flagship product, Indicor, is a handheld point-of-care device and digital platform designed to monitor and manage worsening heart failure. Vixiar's devices aim to enhance clinical workflow and deliver economic value to the healthcare system by enabling monitoring in various settings, including homes, offices, nursing homes, and hospitals.
ReGelTec
Venture Round in 2018
ReGelTec develops injectable hydrogel technology for treating chronic lower back pain caused by degenerative disc disease. Its proprietary gel transitions from liquid to solid within the intervertebral disc, mimicking natural disc biomechanics and maintaining spinal motion.
AsclepiX Therapeutics
Convertible Note in 2018
AsclepiX Therapeutics, Inc. is a biopharmaceutical company focused on developing innovative treatments for retinal diseases and certain cancers. The company specializes in designing short biomimetic peptides that target angiogenesis and lymphangiogenesis, utilizing advanced bioinformatics and systems biology approaches. Its lead product candidates, including AXT107, AXT201, AXT301, and AXT501, are aimed at addressing conditions such as diabetic macular edema, age-related macular degeneration, and macular edema from retinal vein occlusion, all of which are significant causes of blindness in the western world. Additionally, AXT201, AXT301, and AXT501 are in early development stages for treating various solid tumors. AsclepiX Therapeutics employs cutting-edge biomaterials and drug delivery systems, including biodegradable nano and microparticles, to enhance the therapeutic efficacy of its peptide-based treatments. Incorporated in 2011 and headquartered in Baltimore, Maryland, the company is leveraging its platform technology to advance solutions in both ophthalmology and oncology.
Pinkaloo Technologies
Seed Round in 2018
Pinkaloo Technologies, Inc. is a Baltimore-based company founded in 2016 that specializes in developing a philanthropic engagement platform. The company's software-as-a-service solution modernizes charitable giving by offering a comprehensive tool for users to manage their donations effectively. Through its Modern Giving account, Pinkaloo allows donors to budget for their giving, discover charities aligned with their interests, and donate to any organization at their convenience. Additionally, the platform centralizes tax receipts, simplifying the process come tax season. By partnering with employers and financial institutions, Pinkaloo equips clients with a turn-key solution to enhance engagement and facilitate philanthropy within their communities, thereby promoting a culture of giving in the corporate sector.
CoapTech
Seed Round in 2018
CoapTech is an early-stage medical device company based in Baltimore, Maryland, founded in 2016 by Dr. Tropello. The company specializes in researching and manufacturing ultrasound-based solutions for feeding tube placement. Its flagship product, the Point-of-care Ultrasound Magnet Aligned (PUMA-G) System, utilizes a patent-pending technology called Coaptive Ultrasound to enhance safety and reduce healthcare costs. This system employs strong rare-earth magnets for device guidance and real-time, low-cost ultrasound for visual feedback, enabling non-surgical providers to perform procedures such as Percutaneous Ultrasound Gastrostomy (PUG). By eliminating risks associated with traditional methods like organ damage, infections, or cancer from fluoroscopy, CoapTech aims to improve medical care delivery globally.
Founded in 2015, Nanobiofab specializes in manufacturing smart, nanotech-based wearable healthcare devices for humans and pets. Its flagship product, iNose, detects and monitors skin vapor-print wirelessly via mobile phone, tracking fat burning rate, exercise effectiveness, and metabolic rate over time.
Cerebro Capital
Seed Round in 2018
Cerebro Capital, Inc. is a technology company based in Baltimore, Maryland, founded in 2017. It specializes in developing a web-based portal tailored for middle-market companies seeking to utilize credit facilities for operational needs, growth, or acquisitions. The platform integrates data from over 80 lenders and employs analytics to effectively match financing types with suitable lenders, enhancing transparency in the borrowing process. By providing a comprehensive online loan management system, Cerebro Capital aims to improve the efficiency of lending for corporate borrowers and financial intermediaries. The company equips users with access to critical market expertise, detailed term sheets, and continuous monitoring of credit standing and debt capacity, ultimately transforming how financial teams evaluate and source corporate credit.
Vizual.AI
Seed Round in 2018
Vizual.AI is a Baltimore-based company that operates a cloud-based artificial intelligence software platform designed to optimize imagery for video and text-based content. The platform integrates seamlessly with publisher web pages, enhancing user engagement through the automatic deployment of static images and GIF formats, including video thumbnails. By focusing on maximizing click-through rates and site monetization, Vizual.AI enables businesses to streamline their workflows and identify compelling images that resonate with their audiences. The technology also automates testing to ensure the most effective images are utilized, ultimately driving higher user engagement rates and improving overall page yield metrics for web publishers.
ARMR Systems
Seed Round in 2018
ARMR Systems develops wearable hemorrhage control systems that increase survivability of traumatic battlefield injuries when advanced medical support is unavailable. The company’s products combine an ergonomically fitted harness with a tourniquet‑style direct‑pressure device to rapidly compress damaged arteries in critical torso‑junctional areas, limiting blood loss. Founded in 2014 and headquartered in Baltimore, Maryland, ARMR collaborates with military and medical institutions to refine its technology. Its multidisciplinary team applies diverse perspectives to evaluate and improve trauma‑care solutions, providing warfighters, combat medics, and other field personnel with reliable, life‑saving capabilities.
NextStep Robotics
Seed Round in 2018
NextStep Robotics Inc. develops a portable ankle rehabilitation device that treats foot drop by providing real‑time, graded assistance during gait training. The system combines advanced robotics with adaptive software that tailors assistance to each patient’s needs and, as more data accumulate, transitions to an AI‑driven platform that optimizes training protocols. Designed for use in outpatient clinics, the device can be operated by lower‑skilled staff, freeing therapists to focus on other modalities. It is classified as a Class 1 exercise device, allowing immediate market entry without FDA approval. The company generates revenue through direct sales or leasing of the hardware, subscription fees for the software, and service contracts, while enabling clinics to bill for gait training under existing CPT codes.
Whitebox
Seed Round in 2018
Whitebox Technologies, Inc. is an e-commerce solutions provider based in Baltimore, Maryland, founded in 2013. The company develops an integrated platform that streamlines various aspects of e-commerce operations, including marketing, logistics, customer service, and online payment processing. Its logistics offering, Factory Floor to Front Door, consolidates multiple e-commerce functions into a single service, facilitating global sales for both established and emerging direct-to-consumer brands. Whitebox also provides extensive warehouse and inventory management software, along with services such as order fulfillment, returns management, quality control, kitting, and optimization of online listings. The company operates fulfillment centers in North Las Vegas, Nevada, and Memphis, Tennessee, enabling it to support businesses in enhancing their e-commerce capabilities while reducing operational costs.
Workspace Software
Seed Round in 2017
Workspace Software, Inc. is a cloud-based project intelligence platform headquartered in Owings Mills, Maryland. Founded in 2001 and originally named Artifact Software, the company offers a comprehensive suite of applications designed for business and technology teams. These applications encompass project requirements, defect tracking, testing, planning, agile methodologies, issue management, change requests, and documentation. The platform aims to enhance the project management capabilities of enterprise software companies, which often handle numerous complex implementation projects simultaneously. By consolidating fragmented project data into an AI-capable system, Workspace Software provides tools that enhance visibility into project activities, monitor risks, and generate real-time analytics. This enables organizations to achieve project deadlines more efficiently and within budget, ultimately improving financial outcomes and product reputation.
Discourse Analytics
Seed Round in 2017
Founded in 2010, Discourse Analytics develops software that uses predictive analytics and personalization to facilitate contextually relevant conversations between brands and their audiences across various platforms. The company's Consumer Activation Platform leverages attitudes and behaviors to create personalized nudge campaigns, enabling clients to establish connections with their audiences based on key interests and preferences.
xMD Diagnostics
Seed Round in 2017
xMD Diagnostics, based in Annapolis, Maryland, specializes in the biotechnology sector, focusing on molecular diagnostics tools that enhance research and clinical laboratory practices. Formerly known as Bay Resources Development Group, the company employs advanced high-throughput microdissection technology to aid in cancer diagnosis. Its innovative tools enable the isolation and enrichment of specific cells from biopsy and other specimen samples, facilitating downstream applications such as polymerase chain reaction (PCR), genomic and proteomic analyses, next-generation sequencing (NGS), and various molecular testing methods. This technology supports pathologists, oncologists, and other medical professionals in diagnosing, monitoring, and treating patients with cancer and serious genetic diseases.
TrackOFF
Seed Round in 2017
TrackOFF, Inc. is a cybersecurity and privacy company focused on developing software solutions that protect users' identities and personal data online. Founded in 2017 and headquartered in Baltimore, Maryland, TrackOFF offers two main products: TrackOFF Standard and TrackOFF Elite. TrackOFF Standard helps users detect and eliminate tracking threats, enables private searching, and clears browser history. Meanwhile, TrackOFF Elite provides additional features such as protection on public Wi-Fi networks, location hiding, and data encryption through a virtual private network (VPN). The company's technology employs digital fingerprint-based security measures to shield users from hackers and identity thieves by altering digital fingerprints in real time and injecting random data to obscure true user information.
Vixiar Medical, established in 2013 and headquartered in Annapolis, Maryland, specializes in developing non-invasive, cost-effective devices and systems for monitoring cardiopulmonary diseases. Its flagship product, Indicor, is a handheld point-of-care device and digital platform designed to monitor and manage worsening heart failure. Vixiar's devices aim to enhance clinical workflow and deliver economic value to the healthcare system by enabling monitoring in various settings, including homes, offices, nursing homes, and hospitals.
Sonavex develops imaging technologies for vascular and surgical care, employing ultrasound to detect postoperative blood clots at the point of care and to measure intravascular flow metrics for timely decision making. It also develops bioresorbable, echogenic devices to mark at-risk vessels and to collect data on arteriovenous fistula flow, diameter, and depth at dialysis clinics to assess maturation and anticipate future complications. Based in Baltimore, Maryland, Sonavex focuses on delivering data-driven visualization of vessel health to improve surgical and dialysis patient outcomes.
SecondWrite
Angel Round in 2017
SecondWrite offers a malware detection platform and automated malware analysis solutions, including SecondWrite Sandbox, to detect advanced threats such as APTs, targeted attacks, and zero-day evasions. The platform performs deep code inspection and forcibly executes hidden paths to achieve complete code coverage, aided by machine learning to reduce false alerts and provide detailed, actionable threat intelligence. Its patented technology enables comprehensive analysis of malware to reveal IOCs and behavior. The company serves network security and endpoint security vendors, threat intelligence providers, incident response teams, SOCs at enterprises, MSSPs, and related customers. Founded in 2010 and based in College Park, Maryland, SecondWrite focuses on security teams seeking thorough detection of evasive malware.
SecuLore Solutions
Seed Round in 2017
SecuLore Solutions is a Maryland-based cybersecurity company focused on public safety. Founded in 2016 and headquartered in Odenton, it combines public-safety domain knowledge with cyber security expertise to protect 9-1-1 networks and government IT environments. The company's Paladin network appliance monitors all data between the firewall and external data sources to detect and mitigate threats, strengthening network security for dispatch, communications, and information systems. SecuLore Solutions serves public safety answering points and state and local agencies, helping them maintain situational awareness and defend critical infrastructure against cyberattacks. By addressing the techniques used by hackers against public safety networks, the company provides persistent protection and rapid response capabilities for local governments and their technology resources.
Visybl, Inc. is an enterprise asset monitoring company that specializes in designing and developing systems for tracking high-value physical assets across various industries, including automotive, healthcare, and retail. Founded in 2015 and headquartered in Germantown, Maryland, Visybl offers a range of products, including the Bluetooth low energy-based AssetBeacon, which transforms physical assets into sensors that transmit real-time data on their presence, temperature, and movement. The company also provides CloudNode, a device that monitors beacons and ensures reliable data delivery to the Cloud, and CloudView, a platform that visualizes asset locations and activities while allowing for alerts and report generation. Additionally, Visybl offers mobile applications for iPhone and Android to facilitate inventory management in various settings, such as warehouses and vehicles. By addressing the need for business intelligence surrounding asset management, Visybl aims to enhance operational efficiency and visibility for organizations globally.
BurnAlong
Angel Round in 2016
BurnAlong, Inc. is a technology company that has developed an online fitness and wellness video application designed to enhance personal well-being through social motivation and tailored fitness experiences. Founded in 2016 and headquartered in Pikesville, Maryland, BurnAlong allows users to participate in health and fitness classes via video feed, connecting them with friends, fitness instructors, and a broader community. The platform employs machine learning to provide personalized recommendations, catering to a diverse audience that includes corporate employers, municipalities, insurers, individuals, and senior citizens. By facilitating engaging wellness classes, BurnAlong aims to help individuals achieve their health and wellness goals while promoting a positive culture within organizations.
Untethered Labs
Convertible Note in 2016
Untethered Labs, Inc. is a technology company based in College Park, Maryland, founded in 2015. It specializes in developing wireless security solutions for the enterprise security and access control markets. The company's flagship product, GateKeeper, is a Bluetooth-based keyfob that automatically locks and unlocks a user's computer based on proximity. This innovation addresses critical needs for hardware-based authentication and privacy, making it particularly valuable for industries such as healthcare, which must comply with HIPAA regulations, as well as for large organizations that prioritize data integrity and security. By providing modern access control solutions, Untethered Labs aims to enhance security protocols for both small and large enterprises.
SprintR
Seed Round in 2016
SprintR, LLC, established in 2016 and headquartered in Baltimore, Maryland, specializes in designing and developing virtual reality gaming software. The company offers two usage types: PC VR and mobile/standing VR, and retails its product, the SprintR developer kit, online. SprintR collaborates with industry partners such as Breakaway Games and Exis, leveraging their expertise to deliver high-quality VR gaming experiences.
Otomagnetics
Seed Round in 2016
Otomagnetics develops and manufactures a magnetic injection delivery system designed to non-invasively administer therapies to various compartments of the inner and middle ear, as well as the eye and skin. Incorporated in 2012, the company is headquartered in Rockville, Maryland.
Subscribe Pro
Seed Round in 2016
Subscribe Pro Inc. is a B2B software as a service company based in Baltimore, Maryland, that specializes in subscription management and recurring billing solutions for e-commerce retailers and merchants. Established in 2013, the company offers a comprehensive subscription commerce platform designed to facilitate services such as autoship, auto-replenishment, subscription boxes, and recurring billing. By providing these tailored services, Subscribe Pro aims to help clients foster sustainable relationships with their customers and streamline their subscription-based offerings.
Protenus, Inc. is a healthcare compliance analytics company based in Baltimore, Maryland, which was founded in 2014. The company specializes in an AI-driven platform designed to audit access to patient records across health systems in the United States. Protenus' technology identifies risks such as inappropriate access to patient data and the misuse of controlled substances by healthcare staff. By automating the detection of policy violations and other anomalous behaviors, the platform supports healthcare organizations in protecting patient privacy and reducing operational risks. Protenus is recognized for its innovation and commitment to fostering safe patient outcomes while enhancing the reputation of healthcare providers. The company has received accolades such as being named one of America's Best Startup Employers by Forbes and recognized as a Great Place to Work.
Artichoke
Convertible Note in 2015
Artichoke, LLC, also known as Artichoke Client Management Application, is a company that specializes in providing a mobile appointment-based tool designed for solo businesses and independent professionals. Founded in 2004 and headquartered in Baltimore, Maryland, Artichoke offers a range of services that include online scheduling, client notes, credit card processing, appointment reminders, and income and expense tracking. The application aims to streamline operations for freelancers and self-employed individuals by automating routine tasks, enabling them to focus on revenue-generating appointments rather than administrative duties. By integrating financial technology, client data management, and marketing automation, Artichoke empowers entrepreneurs in appointment-based businesses to efficiently manage their operations and enhance productivity.
Avhana Health
Seed Round in 2014
Avhana Health Inc., established in 2014 and based in Baltimore, Maryland, specializes in streamlining healthcare provider workflows through its application. This platform integrates with electronic health records (EHR) to deliver real-time, patient-specific clinical recommendations, actionable guidelines, and performance metrics directly within the EHR interface. The software facilitates pre-visit planning, suggests relevant orders that can be submitted directly into the EHR, and tracks provider activity for performance evaluation. Avhana Health's mission is to empower healthcare teams with impactful, patient-specific support to enhance care quality and reduce costs.
Three Ring
Series A in 2014
Three Ring, Inc. is an educational technology company that operates an online platform designed to help schools and districts capture, organize, and share student learning information with administrators, parents, and students. Founded in 2011 and based in Baltimore, Maryland, the company offers a software solution that supports one-to-one programs and Bring Your Own Device (BYOD) initiatives, facilitating project-based learning, performance tasks, flipped classrooms, and digital portfolios. Three Ring's platform allows users to upload and manage multimedia evidence of student growth, enabling teachers and students to securely gather and share authentic learning experiences. The company also provides a mobile application compatible with Android and iOS, which allows users to capture photos, record audio and video, and upload digital files from various devices. Three Ring's services are utilized by educational institutions across the United States and internationally.
Maryland Energy and Sensor Technologies
Seed Round in 2014
Maryland Energy and Sensor Technologies, LLC, founded in 2009 and based in College Park, Maryland, specializes in the development of thermoelastic cooling technology aimed at thermal management systems. The company focuses on creating functional materials and integrating systems for energy applications, leveraging an exclusive licensing agreement with the University of Maryland. Its innovative technologies utilize solid-state cooling mechanisms that capitalize on the reversible martensitic phase transformation to provide both active and passive thermal management solutions. The development of these advanced systems enables thermal and energy companies to explore alternative energy production methods, demonstrating the potential of a 1 kW thermoelastic cooler in prior research.
Ariadne Diagnostics
Seed Round in 2014
Ariadne Diagnostics, LLC is a molecular diagnostic company based in Rockville, Maryland, focused on the discovery and development of companion diagnostic tests for oncology and rare neuromuscular and neurodegenerative diseases. Established in 2011, the company leverages advanced bioinformatics tools to integrate genomic, proteomic, cellular, and clinical data for selecting candidate biomarkers that can predict individual patient responses to drug therapies. Notable offerings include a predictive screening test for metastatic colorectal cancer, along with contract research and biomarker program support services encompassing biomarker discovery, assay development and validation, and clinical studies. Ariadne Diagnostics combines extensive expertise in bioinformatics and clinical assay development to address unmet medical needs in precision medicine.
SurveySnap
Seed Round in 2014
SurveySnap, Inc. is a company that specializes in designing and developing a mobile application tailored for creating surveys. This innovative application allows users to incorporate photos, notes, sketches, and audio/video recordings while linking them to specific areas of a floor plan. The platform primarily serves architects, engineers, and real estate developers, providing them with essential tools for efficient project documentation and collaboration. Founded in 2013, SurveySnap, Inc. is headquartered in Columbia, Maryland.
An Estuary
Seed Round in 2013
An Estuary, Inc., established in 2013 and headquartered in Baltimore, Maryland, specialized in providing social technology platforms and professional development solutions for educators. The company offered products such as Sanderling, a platform for educators to share learning projects; Hedgehog, a blended learning environment connecting educators with courses; FieldDate, a professional development calendar; Edsavr, a Chrome Extension for saving resources; Sanderling Blog Share, enabling direct sharing of blog posts; Teacher Ipsum, an open-source educational ipsum generator; and Eduwampus, a tool for generating edtech startup names. These solutions catered to K-12, higher education, continuing, and professional studies. In November 2014, An Estuary merged into Yet Analytics, Inc.
Altenera Technology
Seed Round in 2013
Altenera Technology Inc., established in 2010 and headquartered in Bethesda, Maryland, specializes in wind energy solutions. The company offers BreezBee, an innovative mobile and lightweight wind harvester panel system that employs vibrating reed technology to generate power across diverse wind conditions. Altenera's products cater to residential and commercial buildings, enabling them to harness wind energy through repurposed structures or dedicated generator units, even in remote locations.
PrintLess Plans
Seed Round in 2013
PrintLess Plans, LLC is a company based in Baltimore, Maryland, founded in 2012. It specializes in providing electronic display solutions for professionals in the architecture, engineering, and construction industries. The company's flagship product, ePortfolio, is a large-format e-paper device designed to view extensive documents digitally. This device offers features such as notifications, peer-to-peer collaboration, and the ability to add notes and comments directly onto plans while on-site. By utilizing electronic paper displays, PrintLess Plans aims to reduce the reliance on traditional paper drawings, which are costly to produce and prone to damage in field conditions. The company's technology also addresses the challenges of managing numerous revisions and large volumes of drawings efficiently.
Integrata Security
Seed Round in 2013
Integrata Security, LLC is a cybersecurity firm based in Baltimore, Maryland, specializing in wireless network intrusion detection services. Founded in 2012, the company emerged from a technology transfer initiative from a federal research institution in Maryland. Integrata Security focuses on enhancing the security of wireless local area networks by employing advanced intrusion detection system technology licensed from the National Security Agency. Its innovative solutions provide comprehensive protection for enterprise-level 802.11 wireless networks, enabling organizations to effectively monitor all data and channels. By integrating software, network management, and intelligent hardware, Integrata Security aims to address the increasing security challenges posed by wireless threats and attacks for both enterprises and government agencies.
Rehabtics
Seed Round in 2013
Rehabtics is a scalable online game-based physical rehabilitation system for institutional and residential use. The system enables its patients to conduct physical therapy by playing motion-controlled video games at the convenience of their homes with automatic feedback and guidance.
Rehabtics was launched in 2012 by Xiaoxu Kang and is operated from Baltimore, Maryland.
SameGrain
Seed Round in 2012
SameGrain develops a social discovery mobile application that connects individuals worldwide based on shared backgrounds, beliefs, experiences, and interests. Its platform also serves organizations, universities, and companies. Founded in 2011, SameGrain is headquartered in Baltimore, Maryland.
Circulomics is a biotechnology company based in Maryland, situated within the IMET's Harbor Launch Incubator. The company specializes in developing innovative platforms for nucleic acid sample preparation, microRNA profiling, and single molecule analysis, with a focus on advancing genomics technologies. Circulomics has created a single molecule analysis system that enhances cancer analysis and diagnosis by streamlining the entire genomics workflow, from sample preparation to assays and detection instruments. This system allows researchers to better characterize their samples prior to sequencing or conducting critical studies, thereby facilitating the research and clinical application of genomics in areas such as expression profiling and biomarker analysis. The company has secured significant funding from the NIH and Maryland TEDCO to support its development efforts.
Sworkit Health
Pre Seed Round in 2011
Founded in 2010, Sworkit Health is a consumer SaaS company specializing in fitness and healthcare. It offers customized at-home and on-the-go workouts accessible on any device.
InfraTrac
Venture Round in 2007
InfraTrac, Inc. is a technology company based in Silver Spring, Maryland, specializing in anti-counterfeiting solutions for high-value formulated and regulated substances. Founded in 2006, InfraTrac utilizes near-infrared (NIR) spectroscopy to detect and prevent the counterfeiting of various products, including pharmaceuticals, chemicals, and consumer goods. The company's offerings include a detector software that provides a straightforward yes-no interface for counterfeit detection and encryption software that enables the tagging of substances at the batch level using patent-pending covert NIR fingerprints. InfraTrac's services cater to a diverse range of industries, including pharmaceuticals, chemicals, cosmetics, electronics, and luxury goods, and also involve on-site consultation to train staff in counterfeit detection and raw material screening.
University System of Maryland at Hagerstown
The University System of Maryland at Hagerstown (USMH) offers more than 20 programs from five respected institutions within the University System of Maryland in one convenient location in downtown Hagerstown.
Maryland Association of Community Colleges
The Maryland Association of Community Colleges represents the state's community colleges and the educational needs of the students they serve. It provides the necessary training and education to keep a qualified workforce attractive to new businesses.
The LaunchPort, established in 2018 in Baltimore, Maryland, operates as an incubator focused on the healthcare sector. The company provides a comprehensive suite of services designed to support startups and established businesses in their development processes. These services include layout and location assistance, manufacturing and prototyping, engineering, sterilization, and access to clean rooms. Additionally, The LaunchPort offers core operational support services such as financial systems management, quality system development, supply chain activities, and regulatory compliance. They also facilitate reimbursement strategies and revenue model development. Beyond these services, The LaunchPort provides training, both group and individual, and offers access to corporate business advisors to refine business models.
Eastern Shore Entrepreneur Center
The Eastern Shore Entrepreneurship Center (ESEC) works to develop and enhance an entrepreneurial ecosystem on Maryland’s Eastern Shore. ESEC provides training, services and programs to help business owners and entrepreneurs succeed by creating greater access to capital, and offering programs that develop entrepreneurial skills and knowledge.
Included are ShoreVenture, a comprehensive 10-week entrepreneur-training program, annual business plan and student plan competitions, and an annual entrepreneur conference.
In 2012, ESEC launched “hotDesks,” providing co-working spaces for independent professionals. The first location opened in Salisbury with a second location to be announced on the Eastern Shore.
Early Charm Ventures, founded in 2012 and based in Baltimore, Maryland, specializes in transforming scientific innovations into viable businesses. The company collaborates with entrepreneurial researchers at the early stages of commercialization, often engaging when the path to market is not yet clearly defined. By co-founding companies, Early Charm Ventures aims to bridge the gap between scientific discovery and commercial viability, fostering growth in the innovation ecosystem.