Baltimore Money Moves: SixMap raises over $11.7M

SixMap, a Mindshare startup based in Pasadena, Maryland, successfully raised $11.76 million in a recent round. With a focus on reimagining network mapping, SixMap aims to create comprehensive and internet-wide indexes for both IPv6 and IPv4. Leveraging its high-performance computing cluster, SixMap uses proprietary big data fusion and analytics to generate outputs tailored to meet a wide range of use cases.

Infinity Bio lands $2.5 million

East Baltimore-based life sciences company Infinity Bio raised $2.5 million in a round that leader Caroline Popper described as part of its first institutional round. Popper, an internist and pathologist associated with the Johns Hopkins Bloomberg School of Public Health, declined to tell Technical.ly more about the round or company (which has no official website) at present.

Zero Point Five raises $7.2 million

Zero Point Five Therapeutics, a Canton-based company dedicated to developing treatments for tropical diseases, has secured $7.2 million in Series A funding. Portfolia, a San Francisco-based venture capital firm, led the funding round.

Here are some other recent money moves in Baltimore:

• PitchBook’s Q2 Venture Monitor report revealed that EpiWatch, a health tech company, successfully raised $1.5 million in funding in June. Similarly, Rampart Communications, a Linthicum Heights-based company focusing on secure wireless communications, raised $5 million in May.
• JuneBrain is an early-stage startup in the University of Maryland BioPark developing a telehealth eye-scanning system for monitoring eye and brain diseases. It recently raised $175,000 with a remaining target of $825,000, according to a Securities and Exchange Commission (SEC) filing. Its mission is to expand accessibility and improve the monitoring of eye and brain health for a broader population with neurological diseases. The company was recently accepted into the MedTech Innovator accelerator.
• Impruvon Health, a Baltimore-based digital health startup that specializes in automated medication management systems, raised over $1.17 million in investments from multiple sources.
• Gliknik, another University of Maryland BioPark-based biopharmaceutical company specializing in the development of therapies for cancer and immune disorders, logged a $5.38 million raise in an early July SEC filing. The company raised $11.5 million in 2021 and an additional $5.4 million in 2023. The company currently has two novel drugs undergoing clinical trials, while others are progressing in the preclinical stage of development.
• In a recent statement on LinkedIn, Tammira Lucas noted that the community investment goal for The Cube Cowork was surpassed. The Cube Cowork, a coworking venture cofounded by Lucas, went past its target of $75,000 with the support of over 60 investors.
• The State of Maryland-created investment agency TEDCO put $500,000 each into three companies. One of them is KaloCyte, Inc., a Baltimore-based company specializing in the creation of innovative artificial red blood cells (RBCs). Galen Robotics of Pigtown also received a $500,000 investment from TEDCO’s Seed Funds to further develop their surgical robotics platform. Lastly, Longeviti Neuro Solutions of Hunt Valley received a $500,000 investment from TEDCO’s Venture Funds. Longeviti focuses on advanced solutions for complex brain surgeries, aiming to restore anatomical normalcy while implementing innovative functional neurotechnology.
  • TEDCO additionally announced a recent Small State Business Credit Initiative investment into Baltimore-based lending and fintech company Cerebro Capital.