Maryland Department of Commerce
Baltimore, Marylandcommerce.maryland.gov
Overview
The Maryland Department of Commerce is the state's primary economic development agency. It works to stimulate private investment and create jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing financial assistance to Maryland companies. The department offers a range of funding programs including grants, loans, tax credits, and venture capital investments to support business growth and innovation.
Portfolio Companies
12
Website
commerce.maryland.govInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Intralytix, Inc. | Feb 2026 | Grant | Co-investor |
| CraniUS Therapeutics | Jan 2026 | Series B | Co-investor |
| Novel Microdevices | Jun 2025 | Grant | Co-investor |
| The LaunchPort | Jun 2025 | Grant | Co-investor |
| Ion Storage Systems | Aug 2024 | VC Round | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
