Maryland Venture Fund
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 |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Maryland Venture Fund based?
Maryland Venture Fund is headquartered in Columbia, Maryland, United States.
When was Maryland Venture Fund founded?
Maryland Venture Fund was founded in 1994.
How many portfolio companies does Maryland Venture Fund have?
Maryland Venture Fund has 18 portfolio companies in Caplight's dataset.
What are some companies in Maryland Venture Fund's portfolio?
Recent investments visible on Caplight include Legends of Learning, Weaver, Zbooni, Theradaptive, careviso.
What was Maryland Venture Fund's most recent investment?
Maryland Venture Fund's most recent investment on Caplight was in Legends of Learning in 2023.
What sectors does Maryland Venture Fund focus on?
Maryland Venture Fund focuses on Cybersecurity, Healthcare & Life Sciences, Cybersecurity, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Real Estate & PropTech, Healthcare & Life Sciences, Real Estate & PropTech, Cybersecurity, Healthcare & Life Sciences, Consumer & Commerce, Enterprise Software, Enterprise Software, Media, Entertainment & Gaming, Healthcare & Life Sciences, Enterprise Software, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Enterprise Software, FinTech, Mobility, Transportation & Logistics, Enterprise Software, Consumer & Commerce, Consumer & Commerce, FinTech, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech.
What company stages does Maryland Venture Fund focus on?
Maryland Venture Fund typically invests at the Early stage.
What is Maryland Venture Fund's AUM?
Maryland Venture Fund's assets under management are estimated between $100.0M and $250.0M.