who’s getting funded?
Sequella Inc., based in Rockville, has raised $555,000 in equity, according to SEC filings. The biotech firm is an “anti-infectives company focused on discovering, developing, and commercializing improved treatments for serious infectious diseases,” according to its website.
who’s making moves?
Groove Commerce has opened its new office on South Central Avenue near Little Italy. The Baltimore Business Journal reports that the new office of the e-commerce startup is 10,000 square feet and cost about $1 million to build. Groove cofounder Ethan Giffin said he “hopes to hire at least 20 employees in the next year.” View photos of Groove’s new office here.
Gaithersburg-based biotch tech firm GlycoMimetics has filed for an initial public offering, as Technical.ly Baltimore mentioned yesterday. The company will look to raise $86 million through its IPO, according to the Baltimore Business Journal.-30-