Maryland TEDCO
Government fundUpper Marlboro · Pre-Seed–Seed · 78 people tracked
Investment thesis
TEDCO serves as Maryland's economic engine for technology companies, providing critical early-stage funding and support to help startups launch and grow within the state. Its Concept Capital program specifically targets the early-stage funding gap faced by underrepresented entrepreneurs, aiming to make Maryland a hub for entrepreneurial success across regions and industries.
Source: firm website, verified Aug 3, 2026.
Team · 78 people
from the firm's website & public directories
What they invest in
from 140 of 188 portfolio companiesMedical Devices ×41Healthtech ×39AI & Machine Learning ×37Biotech ×36Digital Health ×22Enterprise Software ×19SaaS ×18Deep Tech ×13
HQs:United States×67Israel×1
Investments · 188 tracked
founders shown can be your intro pathBullFrog AI develops software that harmonizes fragmented biomedical data and applies machine learning to uncover patterns, biomarkers, and drug targets from clinical trial and multi-omics datasets for pharmaceutical R&D teams.
AI & Machine LearningBiotechData & InfrastructureGaithersburg, US
Vin SinghVininder Singh(Chief Executive Officer)Dane Saglia(Chief Financial Officer)
Cartesian Therapeutics develops mRNA-based cell therapies for autoimmune diseases.
BiotechHealthtechWatertown, US
Metin Kurtoglu(Executive Officer)Chris Jewell(Executive Officer)Carsten Brunn(Executive Officer, Director)Emily English(Executive Officer)Blaine Davis(Executive Officer)Stephen Smolinksi(Executive Officer)
Longeveron develops allogeneic cell therapies targeting life-threatening conditions in vulnerable populations, particularly children and the elderly.
BiotechLongevityMedical DevicesMiami, US
Joshua M. Hare(Executive Officer, Director)Paul Lehr(Executive Officer)Lisa A. Locklear(Executive Officer)Wa'el Hashad(Executive Officer, Director)Nataliya Agafonova(Executive Officer)Geoff Green(Executive Officer)
Xometry provides an instant quoting platform for precision manufacturing components, serving startups through global enterprises from prototype to high-volume production.
Advanced ManufacturingB2B MarketplacesEnterprise SoftwareGaithersburg, US
Randolph Altschuler(Executive Officer, Director, Promoter)George Hornig(Director)John Deutch(Director)Laurence Zuriff(Executive Officer, Director, Promoter)
Epicor provides enterprise resource planning (ERP), supply chain management, and retail management software for manufacturers, distributors, and retailers across 150 countries.
Enterprise SoftwareLogistics & Supply ChainSaaSAustin, US
Sebastian Kunne(Director)Aaron Dupuis(Director)Jeff Hawn(Director)Vaibhav Vohra(Executive Officer)Stephen Murphy(Executive Officer, Director)Mitch Williams(Director)
Board seatTroy A. LeMaile-Stovall· per SEC Form D · filed Feb 2026
3Dnamics engineers 3D organoid models from human stem cells to develop therapeutics for neurological diseases including Alzheimer's and Parkinson's.
AI & Machine LearningBiotechMedical DevicesBaltimore, US
aBreak Music is a free music and artist discovery platform for independent artists.
B2B MarketplacesCreator EconomyMedia & Entertainment
Aphage develops AI and sensor technologies to identify, track, and classify physical threats across borders, infrastructure, and transportation networks for government and security organizations.
AI & Machine LearningDefense TechGovTech
Aloe Therapeutics develops AIM-001, a localized cell-based immunotherapy implanted at tumor sites during surgery to activate the immune system and improve response to checkpoint immunotherapy in patients with advanced solid tumors.
BiotechMedical Devices
AquaLith manufactures advanced battery materials and next-generation batteries with faster charging times, improved safety, higher energy density, and lower costs for consumer electronics and electric vehicles.
EnergyHardwareNew MaterialsCollege Park, US
Ardent Privacy provides data privacy compliance and security software for enterprises across multiple industries.
CybersecurityData & InfrastructureEnterprise Software
Astek Diagnostics develops a diagnostic platform for rapid and accurate detection of urinary tract infections and related conditions in clinical specimens.
AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesBaltimore, US
Mustafa Al-Adhami(Founder)inCourtney Cavin(Cofounder)
Mimecast provides a platform for securing humans, data, and AI within organizations.
AI & Machine LearningCloud ComputingCybersecurityEnterprise SoftwareArlington, US
Ranjan Singh(CEO)Michael Madon(Executive Officer, Director)Adam Fletcher(Director)Randy Altschuler(Director)Timothy Jackson(Executive Officer)
Balance Theory provides a platform that manages cybersecurity investment programs end-to-end, including decision-trigger detection, cost and coverage optimization, and program rationalization.
CybersecurityEnterprise SoftwareSaaSColumbia, US
Dan Burns(Director)Gregory Baker(Executive Officer, Director)John Funge(Director)Lisa Mathias(Executive Officer, Director)Nathan Necaise(Executive Officer, Director)
Banadura Systems provides a network security platform that blocks malicious traffic and DNS threats across devices and networks.
Cybersecurity
Andrea S. Johnson(Manager)Suzanne Magee(Manager)
Beyond Commissions provides software for revenue and commission accounting, designed for wealth management and life insurance companies to automate payment processing, reconciliation, and financial operations.
Enterprise SoftwareFintechSaaS
BlockSynop develops a non-invasive real-time monitoring device for anesthesiologists to objectively measure the effectiveness of local anesthetics during clinical procedures.
HealthtechMedical Devices
BondTrue develops medical devices through design and development services.
Medical DevicesBaltimore, US
OpenText provides enterprise information management, content management, and cybersecurity solutions powered by AI, serving large organizations across multiple industries.
AI & Machine LearningCybersecurityEnterprise SoftwareColumbia, US
John Becker(Director)George Schu(Director)Ben Levitan(Director)John Trauth(Chairman and CEO)Gennadiy Savchuk(Executive Officer, Director)
BoardLenard Marcus(Director)
Capsulomics offers Esopredict, a DNA methylation-based risk-stratification test that predicts progression from Barrett's esophagus to high-grade dysplasia or esophageal adenocarcinoma for gastroenterologists and pathologists.
AI & Machine LearningBiotechDigital HealthMedical DevicesHalethorpe, US
John Neiderhuber(Director)Daniel Lunz(Executive Officer, Director)William Stevens(Executive Officer)Stephen Meltzer(Director)
CarrTech Corp manufactures FROG, an FDA-cleared medical device that combines a filter and hypodermic needle to safely prepare injectable medications from glass ampoules.
Medical Devices
Cerebro Capital provides a technology-enabled platform for commercial lending that connects businesses with lenders to simplify and accelerate the business loan process.
B2B MarketplacesEnterprise SoftwareFintechSaaSBaltimore, US
Matthew Bjonerud(Founder & CEO)inKevin Dieter(Executive Officer)
BoardJames McGuire(Director)Douglas Becker(Director)Steve Reale(Director)
Cide Kic is a digital kitchen management platform that uses pictorial interfaces to help chefs and kitchen teams track recipes, menus, food safety, and food waste.
Enterprise SoftwareFoodTech
Common Curriculum offers a digital lesson planning and collaboration platform for teachers and school administrators.
EdTech
CoolStat is an investigational medical device that delivers dry air through the nasal passages to cool patients with fever and other conditions, currently being studied in clinical trials for neurogenic fever, cardiac arrest, and migraine pain management.
Digital HealthHealthtechMedical Devices
Brian Lipford(Manager)
CyDeploy provides a platform that uses automated asset discovery, digital twins, and AI-driven testing to help organizations understand the impact of technology changes like patches and digital transformations on their environment.
AI & Machine LearningCybersecurityDeveloper ToolsEnterprise SoftwareLaurel, US
Datakwip connects building data sources (BAS, meters, sensors, weather) and deploys AI agents to automatically identify energy savings, detect equipment faults, and generate compliance reports.
AI & Machine LearningCleantechPropTech
Cory Perdue(Executive Officer, Director)
Dockshare is a peer-to-peer marketplace that connects private dock owners with boaters seeking short-term or long-term dock rentals.
ConsumerMarketplacesPropTechTowson, US
Nate Young(Executive Officer, Director)Gina Young(Director)
Dogwood Gaming develops video games and AI-powered game development tools for creators.
AI & Machine LearningDeveloper ToolsGamingRockville, US
Dynamic Dimension Technologies develops VxSIM, a high-fidelity simulation platform for testing autonomous systems, robotics, and control algorithms in defense and industrial applications.
Defense TechDeveloper ToolsRobotics
EcoMap builds a software platform that provides connective infrastructure for entrepreneurial ecosystems, helping regional economic development organizations, state agencies, and business support organizations make their programs discoverable and interconnected for small business owners.
AI & Machine LearningData & InfrastructureGovTechImpact & Social GoodMarketing TechSaaSWilmington, US
Pava LaPere(Founder)Sherrod Davis(CEO)SMITHA GOPAL(Executive Officer, Director)
BoardNATHANIEL VASEL(Director)TIMOTHY MCLOUGHLIN(Director)ERICA DROHAN(Director)
Elixir Therapeutics develops therapies for rare diseases and aging-related conditions using proprietary technologies, including ZSCAN4 for telomere extension in stem cell therapies and Bobcat mRNA for delivering large genes.
BiotechLongevityMedical Devices
Minoru Ko(Chief Scientific Officer)AKIHIRO KO(Executive Officer, Director)
BoardHIROAKI KOBAYASHI(Director)JEFFREY CLELAND(Director)THOMAS WHITE(Director)SHAUNA CALLAHAN(Director)
eMedicalSentry provides remote patient monitoring and telehealth solutions for hospitals and healthcare providers to reduce hospital readmissions and improve patient outcomes.
Digital HealthHealthtechSaaS
Ensemble Consultancy is a technology consulting firm specializing in digital modernization, artificial intelligence, and cloud infrastructure solutions.
AI & Machine LearningCloud ComputingEnterprise Software
EpiWatch is an FDA-cleared seizure detection app for Apple Watch that monitors for tonic-clonic seizures and sends real-time alerts to users and their caregivers.
Digital HealthHealthtechMedical DevicesBaltimore, US
Dean Papadopoulos(Executive Officer, Director, Promoter)Teresa Prego(Executive Officer, Director)Robert Smith(Director)Nathan Crone(Executive Officer, Director, Promoter)Gregory Krauss(Executive Officer, Director, Promoter)
BoardDaniel Hanley(Director)
FintechNewark, US
Escalate provides support solutions for businesses managing hourly and frontline workers, focusing on reducing turnover and increasing productivity to drive profitability and business growth.
EdTechEnterprise SoftwareFintechHR TechSilver Spring, US
Sienna Daniel(Cofounder & President)inSean Segal(Cofounder & CEO)in
Xometry provides an instant quoting and manufacturing platform that connects startups and enterprises with a global network of manufacturers to produce precision components from prototype through high-volume production.
Advanced ManufacturingB2B MarketplacesSaaSUnknown, US
FanzPlay is a mobile social gaming app where fans compete in real-time trivia and knowledge-based games about their favorite sports teams and performers, with prizes and live scoreboard displays during events.
GamingSocial
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does Maryland TEDCO invest at?
- Maryland TEDCO invests at the Pre-Seed, Seed stages.
- What is Maryland TEDCO's typical check size?
- Maryland TEDCO typically writes checks of $500K – $1.5M.
- What sectors does Maryland TEDCO focus on?
- Maryland TEDCO focuses on Biotech, Deep Tech, Healthtech, Sector Agnostic.
- Where is Maryland TEDCO located?
- Maryland TEDCO is headquartered in Upper Marlboro, US.
- Does Maryland TEDCO lead rounds?
- Maryland TEDCO typically participates in rounds rather than leading them.
From the blog
visit blog ↗Maryland TEDCO has recently written about launching equitable entrepreneurial support programs for disadvantaged founders, the role of stewardship in responsible economic development, and strengthening cross-border innovation partnerships with Taiwan through co-investment initiatives. AI summary
Media · Podcasts & interviews
from their channelVIDEO PROJECT 27 1
TEDCO
TEDCO's Equitech Growth Fund Information Session Part I (April 2026)
TEDCO
Bridging Innovation: Why Jordan Can Be Your Tech Gateway to the MENA Region
TEDCO
2025 Entrepreneur Expo Media Room: Xiaonao Liu
TEDCO
Emily McMahn interviewed at TEDCO Entrepreneur Expo
TEDCO
2025 Entrepreneur Expo Media Room: Troy LeMaile-Stovall
TEDCO
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