As Maryland continues to blossom as a medtech powerhouse, TEDCO has played an instrumental role in providing capital, resources and mentorship. This was especially true in q4 2022, where TEDCO invested over $1 million combined into LASARRUS, Linshom Medical, NanoBioFAB, CoolTech and Mi-Helper.
TEDCO, Maryland’s economic engine for technology companies, announced today its Builder Fund invested in NanoBioFAB, a Frederick, Md. technology start-up. TEDCO’s Builder Fund invests in and provides executive support to Maryland-based technology companies run by entrepreneurs who demonstrate economic disadvantage.
Frederick-based company NanoBioFAB (Nanotechnology and Biotechnology Fabrication), is working with the Defense Health Agency and West Virginia University to improve training for medical and nursing students nationwide. The company, co-founded by Xiaonao Liu and Ruoting Yang, creates small nanosensors that, when added to medical mannequins, can provide feedback to students.
Downtown Frederick Maryland Startups Are On the Rise