Maryland companies funded by venture capital raised $226 million during the year’s second quarter, rebounding strongly from a first quarter that was the state’s worst in two years. The quarter, boosted by several large deals, also saw an increase in the ...

Tagged with: MoneyTree Report venture capital

Maryland venture-backed firms raised $79 million during the year’s first quarter, less than in any quarter since 2016, according to the quarterly PwC/CB Insights MoneyTree Report. Despite a significantly lower number than the state had seen in nine quarters, the ...

Tagged with: MoneyTree Report PWC venture capital

Baltimore cybersecurity firm Terbium Labs will receive a $2 million investment from the founder of eBay as it looks to expand its dark web products. Pierre Omidyar, who took eBay public in 1998, and his wife, Pam Omidyar, invested $2 ...

Tagged with: eBay Matchlight Terbium Labs venture capital

Venture-backed firms in Maryland raised more than $1.12 billion last year, the state’s best year since 2001, when venture-backed firms raised $1.27 billion, according the quarterly PwC/CB Insights MoneyTree report. The fourth quarter was the year’s weakest for Maryland firms, ...

Tagged with: MoneyTree Report startups venture capital

Baltimore manufacturing software startup FactoryFour raised $5 million during a Series A funding round, the company announced Friday.

Tagged with: FactoryFour startups venture capital

Last year’s federal tax legislation created a new geographic zone that could be used to spread venture capital to distressed areas, including in Baltimore.

Tagged with: Catalyte Cross Culture Ventures venture capital

Venture capital-backed startups in Maryland continued to attract strong investment dollars during the year’s second quarter as the state is poised for one of its best years for investment activity. Startups raised $247 million last quarter, less than the standout ...

Tagged with: MoneyTree Report PricewaterhouseCoopers startups venture capital

Gaithersburg manufacturing platform Xometry acquired a competitor and raised $25 million, the startup announced Tuesday. Xometry acquired Lexington, Kentucky, firm MakeTime.  “We’re thrilled to combine Xometry’s online manufacturing platform with MakeTime’s proven success in building a distributed network of over ...

Tagged with: venture capital Xometry Inc.

Maryland companies continued last year’s strong performance in receiving venture capital investments, sparked by the large Viela Bio deal, according to the quarterly MoneyTree Report from PricewaterhouseCoopers LLP and CB Insights. With more than $405 million invested last quarter, Maryland ...

Tagged with: MoneyTree Report PricewaterhouseCoopers venture capital Viela Bio

More than $889 million was invested in Maryland companies last year, up from $282 million the year before.

Tagged with: MoneyTree Report PricewaterhouseCoopers venture capital