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MD

Maryland Department of Business and Economic Development

Venture CapitalActive

ChooseMaryland is the web site for the Maryland Department of Business and Economic Development.

Baltimore, United StatesFounded 2012choosemaryland.com
27
Investments
7
Exits
—
AUM
25.9%
Exit Rate

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Investment Thesis & Strategy

Maryland Department of Business and Economic Development invests in various stages of biotech, fintech, and venture capital companies. They aim to support and grow businesses within the state of Maryland.

Investment Activity

Deals per year over the last 11 years

1
2011
0
2012
0
2013
0
2014
4
2015
1
2016
1
2017
0
2018
0
2019
2
2020
3
2021

Portfolio Companies

Selected investments from their portfolio of 27 companies

G
Gemstone Biotherapeutics
Biotech · Seed, 2021
Active
V
Veralox Therapeutics
Biotech · Seed, 2021
Active
A
Astraea
Other · Seed, 2021
Active
M
MindStand Technologies
SaaS · Seed, 2020
Active
E
Early Charm
Other · Growth, 2020
Active
L
LifeSprout
Biotech · Series A, 2017
Active
S
Sonavi Labs
Healthcare · Seed, 2016
Active
H
Harpoon Medical
Healthcare · Series A, 2015
Active
N
NextCure
Biotech · Series A, 2015
Active
P
Protenus
Cybersecurity · Series B, 2015
Active
P
PathSensors
Biotech · Series A, 2015
Active
W
WellDoc
Healthcare · Growth, 2011
Active

Frequently Asked Questions

Maryland Department of Business and Economic Development focuses on Series A, Series B, Series C+ stage investments.

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