Startups

Pixelligent raises $3.8M in equity [Startup Roundup]

This is the Startup Roundup. Every Wednesday morning, Technical.ly Baltimore will put together the smaller pieces that make up our startup ecosystem.

Have news for the Startup Roundup? Get in touch.

who’s getting funded?

Cytomedix Inc., based in Gaithersburg, Md., has raised $3 million in debt, according to SEC filings. The biotech company deals in “regenerative biotherapies,” using adult stem cell products to speed up patient recovery time.
Pixelligent Technologies, based in the Holabird Industrial Park, has raised $3.8 million in equity, according to SEC filings. The nanotechnology company develops nanocrystals for “applications in the electronics, semiconductor, and industrial markets.”
6th Street Inc., based in Kresson, has raised $962,128 in equity and debt, according to SEC filings. Founded in 2008, 6th Street is an e-commerce startup based out of the Emerging Technology Center‘s Haven Street location.
New Health Sciences Inc., based in Bethesda, Md., has raised $12.3 million in equity, according to SEC filings. The biotech company creates a “proprietary anaerobic storage system that minimizes oxidative damage to red blood cells” held in storage.

who’s making moves?

Gaithersburg-based biotech company MedImmune has signed a 5-year, $6.5 million research deal with the Johns Hopkins University, according to the Baltimore Business Journal. In September, MedImmune signed a similar deal with the University of Maryland, Baltimore.

Companies: 6th Street Inc. / Pixelligent / University of Maryland, Baltimore / MedImmune / Emerging Technology Centers (ETC Baltimore) / Bio-Rad Laboratories

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Baltimore is setting a national standard for diversifying its economy

19 tech and entrepreneurship events to check out before the holidays

Tech lab space opening in new 4MLK building, thanks to $2M in public funds

EDA officials are ‘hopeful’ Tech Hubs program will live on under Trump

Technically Media