Uncategorized

InvestMaryland: $1.1M invested in Maxtena, PathSensors, Bambeco

Three more companies are now the recipients of money from the state InvestMaryland fund, an $84 million pot earmarked specifically for "early-, mid- and late-stage growth companies."

Three more companies are now the recipients of money from the state InvestMaryland fund, an $84 million pot earmarked specifically for “early-, mid- and late-stage growth companies.”
Rockville-based Maxtena, Bambeco, in the Fairfield area south of the Inner Harbor, and PathSensors, in the University of Maryland BioPark, received a total of $1.1 million.

  • Maxtena ($560,000) develops miniature antennae for wireless devices, including satellite phones and military radios.
  • Bambeco ($400,000) is an online retailer of eco-friendly furniture and other home and garden products.
  • PathSensors ($200,000) has created two products that detect pathogens in the air and in food in real-time.

“With a total of $84 million to invest in the State’s best and brightest startups, we are stimulating our economy and creating jobs not just for today, but for generations to come,” said Gov. Martin O’Malley in a statement.

Companies: PathSensors

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

What actually is the 'creator economy'? Here's why we should care

Skills, not schools: A new path for government tech

Maryland governor appoints CIO to combat child poverty

A community survives the blows: Baltimore tech and entrepreneurship’s top 2024 stories

Technically Media