Maryland Inno: The numbers are in: Maryland companies raised over $2B in VC funding in 2021

Baltimore Maryland MD Inner Harbor Skyline Aerial.

Maryland companies raised more than $2 billion in venture capital funding last year, smashing the state’s previous record amid a national trend of record-breaking funding hauls.

According to preliminary figures from the PitchBook-NVCA Venture Monitor report, Maryland firms raised $2.27 billion last year, shattering the previous record of $1.24 billion, set in 2020. Nationally, firms raised about $330 billion in 2021, roughly double the total a year prior. Maryland ranked 16th nationally in terms of investment capital raised, with states like California and Texas leading the way.

Read the full article at Maryland Inno.

Baltimore Maryland MD Inner Harbor Skyline Aerial.

Technically Baltimore: After a decade of incubation, AccelerateBaltimore graduates 5 more startups

April 23, 2022
The AccelerateBaltimore program’s five newest alums had more than their completion of the accelerator to celebrate during last Wednesday’s demo night. Read the full article here.

Maryland Inno: Maryland STEM entrepreneurs get a boost with tech company’s social impact funding

The need for her NasaClip product came directly from Clayborne’s day job where she was struck by the large number of people who came to the ER with nosebleeds. The...

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