TEDCO announced the latest round of investment in startups from its Technology Commercialization Fund (TCF) to the tune of $1.6 million.
The state’s quasi-public entrepreneurship agency doled out awards of $100,000 each to 16 startups.
The TCF, which accepts applications on a monthly cycle, is designed to help early-stage companies looking for initial outside financing. Earlier this summer, the state made more money available for the TCF that would allow for a second award of up to $125,000.
Ten of the latest companies to get funding are from Baltimore.
Here are the companies who received TEDCO awards over the last 10 months:
- Admit Advantage (Silver Spring): A social network for students that helps navigate the college admissions process.
- Appian Medical (Severna Park): Makers of SnoreSounds, an app that can detect Obstructive Sleep Apnea by recording sleeping sounds.
- Artichoke (Baltimore): Makers of an app that helps freelancers take care of administrative tasks to get paid.
- Avhana (Baltimore): A health IT startup building a platform to make EMR data, physician best practices and other clinical data available in one place.
- Cobrain (Bethesda): A startup building a cross-merchant personalization engine for retailers.
- Cureveda (Baltimore): A biotech startup that has identified molecular components that could treat various lung diseases.
- Grip Boost (Haplethorpe): Makers of a quick-dry polymer gel to restore the grip in football gloves.
- Kinglet (Baltimore): A commercial real estate marketplace for startup-sized office spaces.
- Peer Aspect (Baltmore): Makers of Sheets, software that helps organizations collect data.
- Quantified Care (Baltimore): A health IT startup that uses mobile technologies to eliminate gaps in patient care.
- Roadmap (Baltimore): A platform that combines several SaaS tools to manage work efficiency.
- ShapeU (Baltimore): Makers of an app that helps people organize small-group fitness classes with personal trainers.
- Sickweather (Baltimore): A “Doppler radar” for contagious diseases that uses social media to identify where diseases are spreading.
- Sparks Dynamics (Baltimore): Makers of a platform that monitors energy, security and equipment for industrial companies.
- Theraly Pharmaceuticals (Elkridge): A pharmaceutical company that makes therapeutics using a breakthrough in half-life extension technology.
- Vixiar Medical (Annapolis): Maker of technology for non-invasive monitoring of cardiopulmonary diseases.
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