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
Engagement

Join our growing Slack community

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

Donate to the Journalism Fund

Your support powers our independent journalism. Unlike most business-media outlets, we don’t have a paywall. Instead, we count on your personal and organizational contributions.

Trending

What internet speed do you really need?

Baltimore-area libraries are a gold mine of resources for entrepreneurs

How DC protesters are protecting themselves online while calling out the Trump administration

Developing tech for government agencies? Participant advisory councils can help get it right.

Technically Media