Fundraising FoxAbell Foundation, Inc.
FoundationBaltimore · Seed–Series A
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Investment thesis
The Abell Foundation focuses on improving health, economic, and educational outcomes in Baltimore City, seeking to reduce economic and racial disparities rooted in historic segregation and disinvestment. It supports pilot projects and creative initiatives that fuel opportunities for growth, learning, and positive change, and aims to attract additional public and private investment into the city. The Foundation positions itself as a connector and collaborator supporting community efforts, and invites organizations to engage and apply for support.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 7 of 11 portfolio companiesHealthtech ×3Biotech ×2Advanced Manufacturing ×1Deep Tech ×1Defense Tech ×1Hardware ×1Space Tech ×1
HQs:United States×8
Investments · 11 tracked
founders shown can be your intro pathBy year:2026 · 12022 · 12018 · 22017 · 12016 · 16 dated
Wave Engine develops turbine engines for unmanned and personal aircraft that deliver jet-level performance at significantly reduced cost and complexity.
Deep TechDefense TechHardwareSpace TechMaryland, US
Co-investorsGula Tech AdventuresAsymmetry VenturesUniversity System of Maryland Momentum Fund
HealthtechBaltimore, US
Gilmer Blankenship(Executive Officer, Director)Raghu Upender(Executive Officer)Amrit Bandyopadhyay(Executive Officer)Madhvi Upender(Executive Officer, Director)
BiotechRockville, US
Jerry Parrott(Executive Officer, Director)in
BoardGlenn Miller(Director)Scott Allocco(Director)Katarzyna Kusmierz(Director)Douglas Clark(Director)Jack Davis(Director)
Co-investorsFreemind Investments
BiotechBaltimore, US
Todd W. Chappell(Executive Officer, Director)Theodore P. Abraham(Executive Officer, Director)
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Arctaris Impact InvestorsAstor Court ApartmentsNorth American Wave EnginePixelligentThe Charles TheatreVasoptic MedicalVixiar Medical
Frequently asked questions
- How many investments has Abell Foundation, Inc. made?
- Abell Foundation, Inc. has 11 tracked investments, including 1 dated in the last 24 months.
- What stage does Abell Foundation, Inc. invest at?
- Abell Foundation, Inc. invests at the Seed, Series A stages.
- What is Abell Foundation, Inc.'s typical check size?
- Abell Foundation, Inc. typically writes checks of $1M – $4M.
- What sectors does Abell Foundation, Inc. focus on?
- Abell Foundation, Inc. focuses on Biotech, Cleantech, EdTech, Energy, Healthtech, Impact & Social Good, Medical Devices.
- Where is Abell Foundation, Inc. located?
- Abell Foundation, Inc. is headquartered in Baltimore, US.
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