Maryland Venture Fund
Columbia, Marylandtedcomd.com
Overview
The Maryland Venture Fund (MVF) is a state-funded seed and early-stage equity fund, managed by TEDCO. It's an evergreen fund that receives annual allocations from the Maryland State Legislature. The Fund makes direct investments in technology and life science companies and indirect investments in venture capital funds. Approximately 60 percent of the Fund is invested in technology companies in the areas of software, communications, and IT security, and 40 percent of the Fund is invested in life sciences companies in the areas of therapeutics, medical devices, and diagnostics.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Legends of Learning | Dec 2023 | Convertible Debt | Co-investor |
| Weaver | Mar 2022 | Seed | Co-investor |
| Zbooni | Sep 2021 | Series A Extension | Co-investor |
| Theradaptive | Jan 2021 | Seed | Co-investor |
| careviso | Apr 2019 | Seed | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
