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The Maryland Venture Fund is a state-sponsored venture capital fund with $100 million in assets under management. Established to support the growth of Maryland-based companies, it focuses on early-stage and growth-stage businesses. The fund aims to drive economic development by providing financial assistance to local entrepreneurs.
This fund invests in early-stage and growth-stage companies primarily in the technology and life sciences sectors. It seeks to support innovative industries that contribute to economic development in Maryland. Investments are aimed at fostering local entrepreneurship and enhancing the startup ecosystem.
Submit through their form at marylandventurefund.com.
The Maryland Venture Fund typically participates in funding rounds but does not specifically state whether it leads them.
Information regarding follow-on investments is not detailed in the available resources.
The fund currently manages $100 million in assets.
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