TEDCO
Maryland Technology Development Corporation — the state's innovation agency running evergreen venture funds (Maryland Venture Fund and related vehicles) that invest roughly $500K–$1.5M in Maryland-connected technology and life-sciences companies, plus builder and social-impact programs for underserved founders.
Typical check size
$250K-$3M (stage-based estimate)
Founded
1998
Headquarters
Baltimore, MD
AUM
$110M+ (venture funds; public materials)
Rounds they lead
Pre-Seed
Seed
Rounds they invest
Pre-Seed
Seed
Series A
Related investment articles
FAQs about TEDCO
Stage fit, check size, thesis, and how founders typically approach this firm — based on public sources and our directory.
Pre-seed through Series A via multiple Maryland programs. Venture Funds typically write $500K–$1.5M checks; smaller builder and social-impact checks exist for earlier formation.
Maryland — Baltimore and Columbia offices are commonly cited; investments require Maryland connection.
Sector-agnostic Maryland technology and life-sciences commercialization — seed through early growth with state economic-development mandate.
Submit through tedcomd.com funding portals; email [email protected] after submission to confirm receipt per public FAQ.
TEDCO often leads or co-leads Maryland seed rounds and participates in syndicates with angels and national firms.
No — TEDCO runs equity venture funds (Maryland Venture Fund / evergreen vehicles) in addition to grants, SBIR match, and innovation initiative programs.
Venture Funds public FAQ cites $500K–$1.5M; builder and social-impact programs can be smaller first checks.
Maryland connection is required for most programs; TEDCO will refer out-of-region deals to co-investors when geography does not fit.