Maryland Department of Commerce
Overview
The Maryland Department of Commerce is the state's primary economic development agency. It works to stimulate private investment and create jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing financial assistance to Maryland companies. The department offers a range of funding programs including grants, loans, tax credits, and venture capital investments to support business growth and innovation.
Portfolio Companies
12
Website
commerce.maryland.govInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Pixelligent | Sep 2011 | VC Round | Co-investor |
| CraniUS Therapeutics | Jan 2026 | Series B | Co-investor |
| Ion Storage Systems | Aug 2024 | Grant | Co-investor |
| Advanced BioNutrition Corp | Jan 2005 | Series B | Co-investor |
| Novel Microdevices | Jun 2025 | Grant | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Maryland Department of Commerce based?
Maryland Department of Commerce is headquartered in Baltimore, Maryland, United States.
When was Maryland Department of Commerce founded?
Founding year information for Maryland Department of Commerce is not publicly available.
How many portfolio companies does Maryland Department of Commerce have?
Maryland Department of Commerce has 12 portfolio companies in Caplight's dataset.
What are some companies in Maryland Department of Commerce's portfolio?
Portfolio companies visible on Caplight include Pixelligent, CraniUS Therapeutics, Ion Storage Systems, Advanced BioNutrition Corp, Novel Microdevices.
What was Maryland Department of Commerce's most recent investment shown here?
Maryland Department of Commerce's most recent investment in this portfolio sample was in CraniUS Therapeutics in 2026.
What sectors does Maryland Department of Commerce focus on?
Maryland Department of Commerce focuses on Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Energy & Sustainability.
What company stages does Maryland Department of Commerce focus on?
Stage focus information for Maryland Department of Commerce is not publicly available.
What is Maryland Department of Commerce's AUM?
Maryland Department of Commerce's assets under management are estimated at over $110.0M.