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Abell Foundation, Inc.

Foundation

Baltimore · 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.

Stage
Seed–Series A
Check
$1M – $4M
HQ
Baltimore, Maryland, US
Instruments
Grants
Founded
1953
AUM
$25M
Tracked investments
9

What they invest in

from 6 of 9 portfolio companies

Healthtech ×3Advanced Manufacturing ×1Biotech ×1Deep Tech ×1Defense Tech ×1Hardware ×1Space Tech ×1

HQs:United States×6

Investments · 9 tracked

founders shown can be your intro path
Wave Enginewave-engine.comin𝕏✓ verified

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

Awarablesawarables.webflow.io

HealthtechBaltimore, US

Gilmer Blankenship(Executive Officer, Director)Raghu Upender(Executive Officer)Amrit Bandyopadhyay(Executive Officer)Madhvi Upender(Executive Officer, Director)

BioMarker Strategiesbiomarkerstrategies.com

BiotechRockville, US

Jerry Parrott(Executive Officer, Director)in

BoardGlenn Miller(Director)Scott Allocco(Director)Katarzyna Kusmierz(Director)Douglas Clark(Director)Jack Davis(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 ApartmentsPixelligentThe Charles TheatreVasoptic MedicalVixiar Medical

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Abell Foundation, Inc. made?
Abell Foundation, Inc. has 9 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.

Images

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